Changes in products, services, or business models can be effectively implemented in a new year by following a few steps. First, involve your team in the planning process. This includes key staff and advisors who can contribute meaningfully to the planning. Second, review your business. Assess what's working well, what's not, and what has the most business potential for the future. Third, decide on the changes that need to be made and mark them on your calendar. This could involve adapting your existing products and services, exploring new markets or distribution channels, or even changing your business model entirely. Lastly, figure out the capacity. Changes will likely require investment in new skills, new products or services, or other resources.

stars icon
Questions and answers
info icon

Some potential changes a business might need to implement in the upcoming year, according to the 2019 Calendar presentation, could include adapting existing products and services, exploring new markets or distribution channels, or even changing the business model entirely. These changes will likely require investment in new skills, new products or services, or other resources.

Involving key staff and advisors in business planning can contribute to its effectiveness in several ways. Firstly, they bring diverse perspectives and expertise to the table, which can lead to more comprehensive and robust plans. Secondly, their involvement can foster a sense of ownership and commitment to the plan, increasing the likelihood of its successful implementation. Lastly, their input can help identify potential challenges and opportunities, allowing for better risk management and strategic planning.

The key steps in business planning according to the 2019 Calendar presentation are:

1. Get your team involved: Business planning should be a team effort. Involve key staff and advisors who can contribute meaningfully to the planning.

2. Review your business: Assess your business's current state focusing on what's working well, what's not, and what has the most business potential for the future.

3. Decide on changes: Identify 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.

4. Figure out capacity: Changes will likely require investment in new skills, new products or services, or other resources.

View all questions
stars icon Ask another question
This question was asked on the following resource:

2019 Calendar

To help you kick off the new year, we created the 2019 Calendar presentation. Set goals and increase...

Download template
resource preview

Download and customize more than 500 business templates

Start here ⬇️

Voila! You can now download this Presentation

Download