Tuesday, April 24, 2012

How does your business plan compare?

Do you plan to win or fail to plan?


How does my plan rank? 
1 - Not at all like me                  2 - Somewhat like me                        3 - Exactly like me

1. I have a plan for my success that is less than 1 year old.
              1              2             3
2.  I have key goals that define "Where" I want my business to be in 3-5 years from now.
              1              2             3
3. I have between 3 and 5 key business objectives that define "What" needs to happen to reach my key goals.
              1              2             3
4. I have clearly defined measurable results associated with my objectives.
              1              2             3
5. I have timelines established for each objective and the key actions required to reach them.
              1              2             3
6. My company strategy defines the "How" of reaching my Goals.
              1              2             3
7. I review and update my business plan at least once a year.
              1              2             3
8. Everyone knows how they contribute to the Strategy, Goals and Objectives of the business.
              1              2             3
9. At least monthly, the business plan is reviewed and "course corrections" are taken.
              1              2             3
10. I have complete confidence that my business plan will help me reach my desired results.
              1              2             3

Results: 
10-15 - You have a plan that is stale and needs repairs.
15-25 - You are trying to align your business activities with your business plan.
25-30 - You are executing your plan and reaching your desired results.

Evaluation:
What are 3 things that need to change in order for your score to improve? 

If you would like to discuss these in more detail, give us a call.