Does everyone have a good pair of glasses? – Because we are officially and undoubtedly entered the time of review! Because this year ended, it is time to reflect this year’s achievement and put it in strategic business planning next year.
Here is a short list of activities where I routinely engage to ensure that my strategic business planning remains on track with my long-term business goals.
Every year, my strategic business planning starts with three big themes: looking back, looking forward, and what’s next? Please review this checklist, and add your own destination to make your own checklist.
3 Questions for a great year-end review for successful strategic business planning purposes
What does it work?
What doesn’t work?
What is my business vision for the new year?
In each of your strategic business planning categories, use the following rubric to assess what works, what doesn’t work and what you want to be included by your new year’s vision. Give serious attention to this process and you will be appreciated well the following year.
Fortune, delicious prepared.
Sales – in sales, you want to rate:
Create and evaluate the recreation process
Product and service performance, sales systems and new products / services R & D
Evaluate your follow-up system and interaction with clients
Marketing – There is a long proverb that runs, “Early sleep, early up, works like hell and advertise.” Advertising provides your business with a constant stream of new clients and recurring businesses. In addition, marketing promotes brand recognition.
To determine how well your marketing efforts have been paid off, see the following marketing road again:
Professional Organization, Affiliate & Strategic Alliance
Accounting – Review costs, earnings and loss statements, etc.
Budgeting – based on your annual budget, are you in Mark? Do you have excess funds? Is there a big pending expenditure?
Product Development – Are you ready to launch a new product or do you need to add a development plan to your strategic business planning process?
Prepare an annual calendar – Determine what key events will be added to your calendar such as a national conference or professional growth for this year.
Professional growth – Identification of three growth initiatives to stretch personally next year. This is mine:
The president’s role received for the Federation of International Coach Position Chapter Charter Ohio
Recruit New Team Members for Business Development Responsibilities
Find a training program to take professional growth
When you walk through this strategic business planning process, remember to reflect on honesty and kindness. Be honest with yourself about your growth and be kind to yourself about your shortcomings. They are just opportunities for repairs, and the new year is the right time to fight for the best business and your best!