Business Plans and Goal Development

Larry Gard - Tuesday, June 02, 2015

If you plan to be successful in business, you need to have a business plan to follow. Building your business plan and setting your organizational goals is the most important aspect of being successful in any business. A large part of the business plan is not only identifying your goals but detailing how you plan to reach them in a timely manner.

Planning and goal development converts your company mission and vision into a specific performance activity that can be measured. I believe that your company’s goals should be used as a tool for stretching your organization to reach its fullest potential. Gard Business Coaching supports fair and reasonable performance goals that push organizations to be more intentional and focused in its actions. Without a clear plan, with clear goals and expectations that are achievable, you are probably missing an opportunity to succeed. And no business can pass on any opportunities to succeed.

Goal setting and planning is important in driving individual and organizational performance. Goal measurement introduces “Accountability” into your organization. Holding people accountable to goals helps provide your staff with a clear and measurable idea of where they are and where they need to go. Also, performance goals allow you, the business owner an accurate way to monitor individual goal performance, so you can identify the “Great Performers” of your company, and the not so great performers

Some of the benefits of planning and goal development;
  • Goals help you direct your staffs energy and resources toward a common, desired outcome.
  • Goals give you a way of measuring your professional and personal growth.
  • Goals also give you more control over your life and your future professionally.

Setting goals for yourself and your staff helps you define where things are right now, and what you or your staff plan to achieve over a specified period of time in the future. Say a 12 month period.

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