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One cannot effectively build a business without a viable, workable, applicable business plan. Success comes from knowing what constitutes a winning plan and then what must be done to insure that the plan brings the results that are needed.
So, what is required for a “winning plan” to be developed; and, what must be done to insure that the plan has an opportunity to achieve the results the framer intended? I'm continuing with the next of the 7 attributes of a winning plan.
Sixth, a winning plan must be accountable.
Accountability is key to providing virtually any undertaking with purpose. Famed business guru Stephen Covey once said, “Accountability breeds responsibility.”
Winning business plans are similar: there is a responsibility of accountability for it to have the impact its content intended.
- The accountability comes from the action plans and target dates winning plans contain.
- Further, having specific individuals designated to carry out various plans provides clarity of duty and overall responsibility that winning plans must have to succeed.
- Periodic updates regarding how the plan is doing will insure that all impacted parties remain active in the process.
- “Being in the game” at all times provides the element of accountability that is critical to the winning plan’s success.
So, does accountability really matter? Explore this example and decide:
There once were four people named Everybody, Somebody, Anybody, and Nobody. When an important job had to be done, Everybody was sure that Somebody would do it. Anybody could have done it, but Nobody did it. Somebody got angry about that, because it was Everybody’s job. Everybody thought Anybody could do it and that Somebody would do it. But Nobody realized that Everybody thought Somebody would do it. It ended up that Everybody blamed Somebody when Nobody did what Anybody could have done.
Winning plans, to be successful, must have the accountability of action and responsibility of duty to insure success.
Next week we’ll look at the Seventh and final Attribute of a winning plan.
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