If you’ve been following my blog posts, you’ll have seen that I have given you systems to prepare your business plan, along with implementable tools and procedures to move from a compelling vision to actions.
Yet, I still get many questions about how you actually implement your plan successfully. People tell me that while they have followed my training and been able to create practical business plans, the difficulty is in keeping up momentum when they start to implement the plan.
In order to keep up the momentum weeks into the implementation, you need to be able to “see” where you are up to and what you have achieved. That way, you are able to gauge your success, adjust accordingly, and quickly understand what is your next step.
So what’s the secret?
It’s really quite simple. Simple to understand, but hard to put into practice.
Watch this video to find out.
So you see, it’s about measurement.
First, understand what is within your control. Not everything is within your control. Make sure you set milestones and measurements for what you can control. Decide what it is that you want to measure. For example if the strategy is about marketing to improve sales, you can either measure any improvement in sales itself, or you can measure the return of investment in the marketing spend. In this example, the sales figures themselves may not be within your control – the actual figure may be due to seasonality, or local economic factors. However the return on investment of your marketing spend is within your control.
Having set the factor to be measured, you can re-examine your strategies and action plans and decide milestones, that is, simply breaking down the ultimate goal into smaller timeframes and measuring the return on investment in this case each month, as it grows to the ultimate goal.
Remember, to implement your plan successfully, shoot for the vision, examine external and internal factors, set goals – but when you plan out the strategy to achieve your goals and move towards your vision, plan for what you can change, keep an eye on what you can’t, set milestones and measurements.
Now the fun starts – set the milestones and measurements for your strategies. Then, as you implement, tell me how you are going. Comment at the bottom of this article in the blog or go to my Facebook page and leave a post!
If you would like more of these ideas and systems to grow your business, get over to the website teikoh.com and subscribe for me to send them directly to your inbox every week.
See you there!