Soar to Success June 2019

SOAR TO SUCCESS / Business Acceleration Strategies What are the most important metrics in your company that provide information to you? The vital statistics of your business? Also known as Key Performance Indicators (KPIs) – these items are things that you can track weekly, monthly or quarterly to know whether you are hitting your targets. Once you’ve identified your KPIs, take a look at what you can do to improve each of those measures. Just think about answering the question, “How can I grow this business over time” and see what comes up. These strategies for growth should be documented in your plan. Finally, given that we can’t realistically do everything at once, identify those specific projects that will support your growth strategies and feed one or more of your KPIs. Using that list of projects, slot them into your yearly calendar, being careful not to overload any one quarter. Spread the projects out over the year and ensure you have the time and resources to work on project completion. Document the start and projected end dates into the project plans. Following the above steps will result in a workable strategic plan that is simple to create and realistic to implement! Don’t overcomplicate things – keep it simple in order to keep the implementation doable! For help figuring out your simple strategic plan, reach out to me at mpatton@odastrategy.com for some easy to complete, free templates.