scaling a company the right way requires that you tailor your business strategy to help you meet your end goal while remaining flexible enough to learn and adjust your action plan as you go. at maui mastermind, we offer a 1-page quarterly business action plan template to create your company’s quarterly action plan. every quarter you’ll sit down and decide on what the top three focus areas for your business are for that quarter. your focus areas are the three most important areas for your business to spotlight during the coming quarter.
now that you’ve picked your three focus areas for the quarter, it is time to clarify your criteria of success for each. plus, laying out your criteria of success for each focus area before you map out your action steps provides clear clues for what you’ll actually need to take over the quarter. now is the time to lay out the key action steps and milestones you need to take or reach to accomplish your criteria of success for each focus area over the coming quarter. after laying out your goals, action steps and milestones for the upcoming quarter, make sure to come prepared when presenting your quarterly objectives to your quarterly planning meeting.
essentially, your action plan must be adaptable to the changing circumstances of your marketplace, but also heed the high cost of lost momentum and a frustrated team if you change your company’s focus too frequently. the quarter is the perfect unit of time to bridge your big-picture goals–which probably have a two- to five-year timeline or longer–and your weekly planning and daily action. we’ve learned from coaching hundreds of companies that in the rush of the day-to-day, you need to be able to take in your company action plan as a gestalt whole. it becomes a clear accountability tool and gps to ensure your team is focusing on the right things and hitting the key milestones on time. i strongly advise you to limit your company to no more than three focus areas for the quarter (in many cases, having only one or two focus areas for the quarter may be a better choice). if you spread your company too thin, you and your team will partially do things instead of fully doing a few key chunks that actually produce value for your company.
now that you’ve picked your three focus areas for the quarter, the temptation is to immediately go lay out your action steps for them. if you look to this kpi to determine your performance, you’ll know if your company is on track to succeed in this focus area. the final step is to lay out the key action steps you need to take and milestones you need to reach to accomplish your criteria of success for each focus area over the coming quarter. while your plan must be detailed enough to guide your actions, it must not be so detailed that you feel overwhelmed or lose yourself in the minutia. this sense of ownership is critical to your success. one of the 21 videos there is on exactly that–me walking a business owner through creating a one-page plan of action.
quarterly planning helps identify key strategies & is essential to a successful business plan. download our free business action plan template today! a powerful format and 3-step process to create your own 1-page quarterly strategic action plan to grow your company. create advanced quarterly plans for your business and marketing prospects using a variety of quarterly plan templates from template.net!, quarterly action plan template excel, quarterly action plan template excel, quarterly plan template ppt, quarterly plan example, quarterly plan template doc.
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