5 Pains Strategic Planning Can Help Cure
We all have goals and certain things we’d like to achieve in our business and life. We all face obstacles and challenges as we try to accomplish these goals. What’s preventing you and your team from achieving your business goals? What pains are you experiencing in your business right now? What keeps you awake at night?
Below are 5 pains shared by leaders of both small business and large organizations, and how strategic planning can cure them.
Tensions and Disagreements
If you don’t know what you want to achieve, how you’re going to do it and, most importantly, why you want to, then your situation is fertile grounds for tension, conflict and disagreement. This tension can be between partners and team members, or internal, if you’re a solo entrepreneur. What will happen to your business if disagreements and conflicts are not resolved?
It’s critical to identify and define specifics for the what, how and why. This helps you better understand objectives, goals and roles and helps you develop clarity of direction.
Too much to do
There are many things to do but the key is to focus on the right things. Think about a typical week and assess how you and your key contributors are spending time. How much focus is on revenue generating activities, goal related actions, and growth initiatives?
With business goals, objectives, and roles clearly defined, you and your key contributors are better able to stay accountable and committed to focusing on the right things. It also becomes easier to make decisions about delegating.
Lacking energy and motivation
Some days our excitement and energy levels are high and other days it’s tough to get out of bed in the morning. Again, it’s important to focus on what you want to achieve, and why you want to achieve that. Think both short and long term and ask yourself these questions. After achieving your goals:
- What will that allow you to do in and outside your business?
- How will that make you feel?
- What will others say about you and your business?
- What do you want others to say about you and your business?
Lacking Resources, skills and knowledge
It’s easy to become overwhelmed by the thought of “what you don’t have.” Strategic Planning helps you identify what resources, skills and knowledge are most needed to achieve business goals.
Having clearly defined objectives and goals provides you and your team the opportunity to track and measure your achievements. It’s important to acknowledge and recognize your successes!
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