Business owners often ask us, “When is the right time to do strategic planning?” And our answer typically is, the “right time” is anytime you can make the time.
Our spidey sense tells us that you DON’T want to go into 2022 without a strategic plan in your back pocket. Right?!
But if you’re interested in knowing the timing of our own strategic planning meetings at 316 Strategy Group (and when we advise our clients when it comes to committing time for their strategic planning), then here’s our answer: RIGHT NOW.
Right now—before the craziness of the last two months of 2021 hit—is our preferred time to step away from working in your business and instead, work on your business. Strategic planning right now is a game-changer.
Here’s why: At this point in the year, you’ve got enough of 2021 performance on the books and you can easily identify trends in your business, recognize the momentum you’ve built, define which areas need additional work to be effective, and anticipate what’s coming in the next six to twelve months.
NOW is the perfect pivot point, if you haven’t completed your 2022 strategic plan yet.
But, what is strategic planning? Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization is, who it serves, what it does, and why it does it, with a focus on the future. Effective strategic planning articulates not only where an organization is going and the actions needed to make progress, but also how it will know if it is successful. Don’t worry, you’re not alone. 316 Strategy Group will be with you every step of the way.
For strategic planning from 316 Strategy Group, fill out this quick contact form.
Create a Strong Vision
We’ll help you set a strong vision and get the right pieces in place to execute your plan with precision. In our strategic planning together you can expect the following:
- Evaluate The Past
- Analyze financial performance
- Analyze employee feedback
- Review performance against your goals
- Envision The Future
- Determine your current reality
- Describe your future reality
- Define Contributions, Initiatives, and Goals
- Complete questionnaire
- Set initiatives
- Determine goals
- Assign tasks
What Others Are Saying
Most business owners understand the importance of creating a powerful vision for their future. And most understand it’s a huge undertaking. Unfortunately, most business owners don’t take the time necessary to make it happen. They run into scheduling issues and often promise themselves they will do it in the near future.
But deep down, they know these concepts and ideas will transform their business. And as any business owner will tell you, the “slower season” rarely comes and you never get around to strategic planning.
We encourage you, as a business owner, to find a way to build a strong vision for your company. Instead of building your vision and strategy from scratch, let 316 Strategy Group guide you through the planning framework.
In the end, you’ll find your decision incredibly profitable in the long run.
When asked what our clients would tell other business owners about our strategic planning, here’s what a chiropractor on the east coast said:
And here’s what a boutique owner in the midwest said:
“For the first time in over eight years as a business owner, I feel seen and heard now that I’ve found 316 Strategy Group. They have suddenly made us strategize ways we could have never imagined.”
If your business is ready for record-breaking results—fill out this contact form and together we’ll help you achieve record-breaking numbers.
Grand Island business owners should contact Tracy Gardner to schedule business strategy sessions.