Let’s make 2018 the year of the resolution revolution. No more empty promises that fizzle out within the first 2 to 6 weeks. Let’s get serious this time.
- Make business planning a weekly event
- Set realistic goals
- Join a new business organization or networking group
- Give something back to your community
Of course we like them because they are essentially some of the basic premises on which Plan Canvas is built. Let’s take a look at them a little more closely.
Resolution 1 – Business planning as a weekly event
Honestly, as much as we love business planning, doing it weekly may be a bit of an over-reach. But there are some things relative to the business plan that really should be done weekly. Namely:
- Review progress against both the strategic and the business plan on a weekly basis. Note, some objectives may only require monthly or quarterly progress checks.
- Review progress against assigned action items, internal initiatives, and client projects.
Whatever you do, do not write a business plan that is never referred to, tracked against, or updated. Otherwise, you are missing out on the primary benefits of strategically managing a plan – greater results.
Resolution 2 – Set realistic goals
Again, if we are being completely honest, we are OK with setting goals that might seem a little “out there.” Goals should be big, lofty things. Add a dose of reality but think and dream big when setting goals.
Now objectives are another story. Objectives let you know how you are progressing toward goals. One objective may support many goals and one goal is likely to be supported by many objectives. By nature, objectives should be realistic.
In fact that is one of 5 characteristics of a well defined SMART objective:
- S – Specific
- M – Measurable
- A – Achievable
- R – Realistic
- T – Time-bound
Resolution 3 – Join a new business organization or networking group
There are two primary types of groups we highly encourage you to join. One is a business networking group. The other is a peer mastermind group.
Networking groups are focused on growing your business through referrals. In these types of groups you get to know others on a more personal level, building relationships to the point that you mutually, genuinely refer each others’ business, products or services to others – key because it is also your reputation on the line when you refer others to people in your own network.
Peer mastermind groups, are not networking groups at all. They are work groups designed to help members resolve business and personal issues that affect the business. A well run mastermind group “rolls up the sleeves and gets to work.” It is not about socializing over cocktails and business referrals.
Resolution 4 – Give something back to your community
We saved the best for last. Giving back through your business is called “Corporate Social Responsibility” or CSR. Formally defining a CSR program for your business, no matter what size, actually increases your odds of success.
We call it setting value-based goals as opposed to profit-driven goals. When you focus CSR goals, then employee goals, then customer goals, your profit goals will naturally follow and you will feel much more fulfilled.
Resolution 5 – Be intentional in 2018
The year 2018. Here it comes. What will you do? Will you wait and see what happens, or will you intentionally lay out a plan and go after it?