You know what you want from your organisation; now it’s time to plan how to get it.
Follow these rules to create a solid plan and achieve your goals:
1. Keep your plan on one page.
Double-sided if you must.
2. Set a maximum of four main goals for the year.
These should be broken down into 90 day goals and actions to ensure you work towards your annual goals.
3. Identify five Key Performance Indicators (KPIs).
Any more than five and you’ll lose focus. Pick the KPIs most likely to have an impact.
4. Share the plan with your team.
Ensure their goals align with your plan. Help them define their own actions and the KPIs they need to achieve.
5. Keep the plan visible.
Track your progress against the plan and celebrate success with your team along the way.
6. Review your plan at least quarterly.
Make sure you’re completing your 90 day actions and achieving your 90 day goals. Update the plan with new goals each quarter. Having someone independent hold you to account helps.
Your Strategic Plan is the most fundamental document in your business. It acts as a how-to-guide to achieving what you want from your organisation.
Need help creating your plan? Get in touch for more information about our Strategic Planning service.
"Hope is not a strategy." - Anon
"I have had regular monthly coaching with Michelle for two years, I found Michelle kind and thoughtful, also analytical. It is helpful each session to review the numbers, budgeting and discuss forecasting with the different events that are occurring in the trust regularly. Each meeting our discussions resulted in myself as CEO to understand the numbers more and receive helpful tips towards improving our financial reporting to make them more readable and understandable to the board."
