By a w
•
January 5, 2025
Question: "What one word comes to mind when you think about annual business review/planning" Answers: Challenging! (several of those) Routine. Tiring. Exciting! Process. Risky. The group of tenured, successful business owners and leaders had plenty of experience. And, yet, they were there to learn and consider more options. To set the tone, I offered these suggestions: 1. Protect your business review/visioning time and mind space Making time to work "on" the business while overseeing the day-to-day and leading a team is something many leaders struggle with. Prioritizing that cleared time and brain will position you to spend less time working "in" the business. And that often clears up other issues. 2. Gather varied, diverse, even contrary perspectives and feedback as part of your review/visioning. Getting a holistic, multi-lensed view of your business is necessary for seeing what you do and don't want to see, innovating, getting out of ruts, and exploring new ways of thinking and working. 3. Gather a team of people to help you sort, clarify, interpret, and connect dots and intentionally design next steps. Again, a multi-lensed interpretation of what happened this year, or what you want to happen in the coming year is critical to protect against getting "yes maam'd/sir'd" in your awareness or strategy. Designing and communicating clear ideas about what happened and/or will happen sets you and your team up for success. Whether you've already reviewed/visioned, are neck deep in it, or are getting started, consider if/how these ideas can help you revisit, pivot, or plan.