🔉 Can you believe we are halfway through 2022? and how are you performing against the business targets you set out at the beginning of the year? You did set business targets, yes?😁and if you did, are you getting to work on them? Every day of every week?
One thing you can be sure of, time stops for no one. You can get caught up with day to day fire fighting and very quickly you can lose sight of the prize👀
Everyone has great intentions and motivations but guess what.. Motivation doesn’t last long. Especially when you have fires to put out and very quickly you are back in the rut you were in 6 months ago
This is an all too common scenario. I see motivation just isn’t enough. Everyone is motivated to get things started but that’s as far as motivation will take you.
That’s were strategy planning and execution are crucial to
✅ Staying on the path
✅ And achieve success / your business targets
Regardless of where you are at, it’s never too late to get on the right track and start setting
💥3 month Goals
💥6 months Goals
I always say, long gone are the days of 5 year plans
🔥Yes create Audacious Goals / Moonshot Visions🔥but always be evolving and iterating
🌀There world is in constant flux
There is no guarantee that what is working today will work tomorrow. In fact the reverse is closer to the truth, more than likely it won’t
Achieving your business targets can sometimes feel like you are working with moving targets because of that it’s crucial to keep assessing your performance.
✅In the video I discuss the strategies that will help your business
💥Both internally and externally
There are many variables to consider and taking a systems thinking approach you will get strong performing results. Keep pushing and keep moving forward
If you need any help or advice, please get in touch, it would be my pleasure to help
#futurestateacademy #systemsthinking #business #problemsolving #continuousimrpovement #keepmovingforward
So tell me, how was your business going?
We’re in June, we’re nearly at the halfway point of the year. So I’m interested to see how everybody is getting along. I always talk about the start of the year, about setting the business strategy, that vision, the moonshot vision, I’d taken regular checkpoints along the journey to see how you’re doing well.
We’re now nearly at the halfway point of the year, and it’s a really good time to check in on your business and reflect. So what does that mean? It means, first of all, getting out off your business, stepping away, you’re always stuck in your business on day to day, getting things done, firefighting.
getting businesses overlying contacts, clients, every you name it, so many things coming at you, but it’s time to just break away for a little bit and see how your business is performing. So you can look in on your business, not be stuck in it. It’s about what does that mean? Okay, well, normally what I like to say that businesses can wait for a day, go to a hotel, really step out of that business and really ask some hard questions.
And I always like to start with the external view, like what’s going on in the marketplace, what’s going on with the trading economy? What about your customers? What are they saying? What changes are you seeing? Because the world is still changing. So you need to change. You need to adapt and be flexible to this change.
There’s so much going on in the world that has an impact on supply chains because you name it, everything you need to assess. Well, what is. Put together at the start of the year is it’s still relevant. And if it’s not what you need to do, because I guarantee you things will have changed and you need to change because of that.
So as I said, start with this external view, look at all those, but all those lenses true. The training economy, the macro economics scenarios, your marketplace, supply chains, whatever has the biggest impact externally, check it, get customer feedback, get some market intelligence. And then once you’ve done that, then agree, but what stays the same?
What do we need to stop doing? What do we need to change? I want you to agree that then look into your business and see, well, what do I need to look at from a people process technology perspective? What about people? Are my people performing? Are they happy? Are they leaving? What do I need to do to make sure they’re performing, they’re happy on this day. There’s a lot we can do there because it’s an employee’s market at the moment everybody’s moving around. The goal is to keep really good, highly talented people on your team to make it worthwhile. Then from a process, those any need anything need to improve and develop because I can’t ever stop telling you continuous improvement on the operational side is always crucial to any business success.
And I always say, if you’re not improving, you’re going backwards and that is so true in this economic scenario where we are in today. And then technology is technology enabling or detracting because people love putting in SAAS systems, S-A-A-S systems using software using CRM is using all these things, and they’re all great when they’re used correctly, but are you spending too much time on these systems that are not helping you with moving forward with your customers and your business?
So always assess those three things and then once you understand what’s good, what’s not, what needs to stay the same, what needs to change? Build up plan. Start building that plan and build those targets. If you haven’t that targets before, it’s a great time to reassess and put targets in place and set them for July, August, September, October, all the way every month.
And then you’re going to play a game called ‘close the gap’. I set myself these targets in July. I didn’t achieve them. Assess at the end of July. Why didn’t you achieve and what worked well? What got, what got you close to your targets? What stopped you from reaching your targets? What activities do you need to do differently next month?
So you can close that gap. So when you come to the end of August, you should be a little bit closer. So by the end of the year, that’s those target versus actual are going to be converging all the time. And that’s to constant iteration of your model and execution plan. Thing’s Never stayed the same in business.
So you have to constantly check in and iterate all the time from internal to external, from people to process and technology. I hope this makes sense. I hope it helps you a hope. You’re really achieving your dreams and your moonshot visions. But if there’s anything I can help it. If you need any help, send me a DM.
I’d love to get it. I’d love you to get in touch and I’d love to help. In the meantime, this is Shay Lynch, have a great day and have a great start to the second half of the new year.