A company should always strive to perfect itself and with 2019 around the corner, business leaders decide what their ventures will aim to achieve next year. Our 100% customizable 2019 Calendar presentation allows you to assess the past year's wins and losses, create a roadmap for the upcoming 12 months and execute your strategy with precise accuracy. Also, learn new actionable techniques from "Forbes Coaches Council" to implement in the new year.
Use this slide to introduce your roadmap and let your staff and stakeholders know where you are now, where your team is going in 2019, how it is getting there and what tools, resources and skills they'll need to arrive at the final destination.
Creating timelines when planning out your business year is crucial. With this slide you can propose an approximate timeline for the next year so everyone knows what their role will be and can be kept accountable.
Milestones mark critical decision points and the completion of major project tasks of different project phases. Slides, such as this one, will help you communicate milestones to your key stakeholders to keep them on track and engaged.
Here is how you can prep for the business year ahead, according to Bookkeeping Confidential:
- Get your team involved – business planning should be a team effort, as it works best that way. "Involve your key staff and your advisors, such as your accountant, your mentor (if you have one), and others who can contribute meaningfully to the planning, such as an IT expert if you envisage a major website overhaul," the Bookkeeping Confidential team says.
- Review your business – assess your business' current state with the focus on three important questions: What's working well at the moment? What's not − what should be dropped or done less of? What has the most business potential for the future?
- Decide on changes – there most likely will be some required changes to implement in the upcoming year, such as adapting your existing products and services, exploring new markets or distribution channels or even changing your business model entirely. Mark them on your 2019 calendar.
- Figure out capacity – changes will likely require investment in new skills, new products or services or other resources. The experts say: "Get help from your accountant to complete a Return on Investment (ROI) analysis if you need new equipment or even new staff. You need to know how much extra business needs to be generated for a reasonable payback and also how the business can access the funds for the growth."
- Get everyone on board – set some end-of-year goals and work backward to create the stepping stones that will take you there. But most importantly, make sure that everyone at your company is on board by communicating the strategy and schedule to them.
- Plan and follow-up – "business goals won't be taken seriously unless you set regular dates to review progress – such as every 90 days," the experts say, "Once people know that you will be calling them to account at these progress meetings, they will be more motivated to keep your planning on track."
The experts from "Forbes Coaches Council" offer actionable techniques for business leaders to add to their 2019 calendar plans and implement:
Be honest with yourself – Joynicole Martinez, The Alchemist Agency
"The hardest part of goal-setting is being realistic. It's easy to attempt to convert every dream into goals, but far from easy to convert those goals into achievements. Be realistic when planning for the new year. Consider roles that automatically take time and attention and be sure to incorporate recovery and relaxation. This will refine your 'open' time for work and make goals truly achievable," Martinez says.
Conduct your own SWOT analysis – Loren Margolis, Training & Leadership Success LLC
"In addition to setting business strategy for the new year, be sure to set your own leadership strategy by conducting a personal SWOT analysis. Ask trusted, objective colleagues: What are my top leadership strengths? What are my top weaknesses? What are my growth opportunities? What are the internal (mindset) and external (marketplace) threats to my success? Plan your goals based on the feedback," Margolis recommends.
Take time for self-reflection – Palena Neale, Ph.D
Dr. Neale says: "It is vital that leaders make time to reflect on the year gone past in relation to goals, actions, values, successes and, of course, their "best" failures of 2019! This gift of time to self-reflect allows leaders to take stock of what has and has not been accomplished and helps them pause and consolidate experiences in order to learn and focus on achieving more of what is desired in the year ahead."
Reinforce being strategically agile – Maresa Friedman, Executive Cat Herder
Per Friedman: "Setting the bar too high for your organization can leave your team feeling inadequate. Don't forget to let your team know what things are important – and what things can shift based on the need of the business."
Keep your eye on the three horizons – Gabriella Goddard, Brainsparker Leadership Academy
"The Three Horizons Model developed by Baghai, Coley and White in the Alchemy of Growth is a great way for leaders to start 2020 with clarity, drive and excitement. In Horizon 1, you're clear about your core business and how to expand it. In Horizon 2, you're focused on what aspects of the business you'll build for growth. And in Horizon 3, you're exploring new ideas that will shape your future," Goddard says.