Friday’s Think BIG! Success Summary

"Like It Or Not, You Need A Mid-Year Check-In"

Upward chart

 

Effective business plans demand on-going evaluation.  This means that you need some type of scorecard analysis reflective of your annual goals or at least in a simple view, a fundamental comparison showing what has been accomplished to date versus what is to be accomplished for the year.  As a business professional this is perhaps one of the most fundamental demands that too often becomes a passive outcome.  Plans are made but results not closely checked.

 

To effectively impact results, it is vital to be fully aware of accomplishments versus shortfalls.  With that in mind, it is critical to establish key check in points for thorough evaluation to be conducted.  Many successful business operations find that quarterly analysis is important to be able to respond versus react to business performance; and, that a lengthy mid-year analysis when conducted will positively impact the balance of the year and lay the groundwork for the next year’s goal planning.

 

As you look at your mid -year goal results, what are some vital questions that should be reviewed so that you might gain critical insight and begin to respond to your result realities?  Here are some to consider:

 

1)  What areas have experienced the most success and specifically what has brought this about?

 

2)  What areas have experienced the most shortfall and specifically what has brought this about?

 

3)  What specific actions must be undertaken to continue success in the areas of highest achievement so that goals are met or exceeded for the year?

 

4)  What specific changes must be made to alter the current outcome of the areas of shortfall so that goals might be reached or gaps closed for the year?

 

5)  What will you as the leader do in the next 6 months to lead your team and business to achieve the goals you initially established for the year?

 

6)  What specific actions by what members of your team in the next 6 months must be achieved for your business year to be successful?

 

7)  What are the most critical 4 challenges you will face the next 6 months as you strive to hit your business goals?  What must be done to overcome these challenges?

 

8)  On a scale of 1 being “I am not that interested”  to 5 being “I am all in!” how committed are you to reaching your business goals by yearend?  How about your team…how committed are they on the same scale?  Unless you specified a 5 as your answer, what would it take for you to raise your level of commitment by 1 level?

 

9)  During the upcoming month, what specific contact or action do we need to take immediately to give the business a quick win?

 

10)  How will we celebrate success?

 

Business plans must be reviewed, analyzed and given critical focus if the right results are to be achieved.  To deny that overview is to in essence lessen the importance of the plans and the business represented.  When reviews are conducted and a broad-based analysis completed such as a mid-year check-in, the probability of success is greater than a plan left unattended.  

 

As the very old but wise saying conveys, “If it is to be, it is up to me.”  As business professionals, we are indeed ultimately responsible for maximum results.  By keeping our results in the forefront and by conducting scheduled analysis of our plans, we lay the groundwork for achievement and a profitable climate in our business. Remember, “…the checker gets what the checker checks.” 

 

                                                                                            Business Pyramid

 

 

 How important would it be for you to have a business plan that brought results to your business or area?  How vital to your success would it be if ALL members of your team were able to leverage their strengths to better achieve their goals.?  What would the value be to have an on-going process to better evaluate results and make any corrections in a timely manner?  My One Page planning process allows you to shift your focus to greater strategic growth and leadership.   

For more information about the One Page Business Plan process and how I might partner with you or your business, contact me by phone at 843-879-3740 or through my website or email:

www.thinkbigcoachingandtraining.com          herman@thinkbigcoachingandtraining.com