As the year winds down, it’s important for business owners to raise their awareness of last year’s performance. Knowing what you did well, along with where you struggled, is crucial to planning for future success. Today, we’ll show you three categories that you can review—strategic performance, tactical performance, and financial performance—and some questions you may want to answer about those categories.
Strategic performance: Reviewing the big picture
Reviewing your strategic performance means looking back to the goals you set earlier in the year and in the years before that. In fact, a good place to start your strategic-performance review is by asking three important questions. Did you set short-term and mid-term goals? Did you meet those goals? What were the reasons behind exceeding, meeting, or underperforming on each of your goals?
These questions lay the foundation of planning success. The reason they’re important i
can you make heads or tails of it? is it planning or hasn t been done just yet? what s the plan? right. i ve spent many times in noteer dam. i lived in europe and went to mass there often. the primary fact of notre dame it is a working church and has been dispensing the sacraments for 800 years. they want the notre dame they remember. if quasi motowas here he would throw the designer off the building. it is soaked with french history and sacraments and makes it such a draw to millions of people around the world. this is a very dispiriting report. bill: this is what the architect says. if disney were entering notre dame what they are proposing to do would never be done in
Successful business owners constantly strive for growth. And when everything’s humming along, it can be easy to think the good times will last forever. However, it’s crucial to protect yourself, your company, and your future against employee risk throughout your growth and planning.
While it’s likely that many of your employees are good people working in good faith, just one error or bad-faith employee can ruin years of planning. Today, we’ll walk through a few ways to mitigate employee risk and the consequences of succeeding and failing in doing so.
Protecting Against Bad-Faith Employees
Key employees are those who consistently exceed expectations and tangibly affect company performance. You likely know how important it is to keep key employees on your team for the sake of your long-term success. But it’s just as important to prevent key employees from wielding their power against you.
For example, a key employee might understand how important they are
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The one thing that makes humans unique (and the most dominant species on the planet) is our ability to communicate using language. Why, then, do so many business owners fail to communicate their business plans—both short-term and long-term—to those who can best help them achieve them?
A business plan isn’t something to tuck away. Instead, it’s something to share so that you can best achieve the goals your business plan sets. Let’s look at three ways communicating your business plan can benefit you, your company, and your future.
Communication is the First Step
As a successful business owner, you know that you simply cannot do everything on your own. You may have a wide range of skills, but you also rely on lots of different people to sustain your success.
However, many business owners fight against these facts. They may worry that other people won’t understand their problems and anxieties about their business plans. Or they might fear that o