Are you sure you’ve got 2020 Vision?
Considering the grief we get, every time we “thoughtfully” remind people how many more shopping days are left until Christmas, it’s with a degree of nervousness that we add a further helpful suggestion that, if you’re in business, or thinking of being, now would be a good time to start on your business goals for 2020.
Why is it so important to have an annual plan? Well, hopefully you’ve already spent time thinking about, articulating and writing down your business vision (if not, see articles on hiring a coach!)
Joking aside, assuming you have a business vision, whether brilliant or a little careworn, a yearly set of objectives will help you build the bridge between where you are now and achieving your ultimate vision for your business. It’s a bit like putting individual rocks down to get you across a wide, fast-flowing stream. If you attempt to wade across, or even swim, you may be caught in the current and swept downstream, either ending up a long way from where you wanted to get to or, even worse, going under!
This watery analogy may seem a little brutal, but the fact is that without an annual goal plan, calendarized, even the best of businesses will, at best, go off course and, at worst, go down. It’s that serious and that important.
Download our free business plans and templates to start the process:
There are many ways of sitting down and constructing your 2020 vision and plan. One of the best ways we find is to ask yourself a list of key questions, then draft out the answers. Here’s a dozen to get you started, be as specific as you can!
- What do you want to achieve next year?
- What did you achieve last year?
- What went really well?
- What wasn’t so good?
- What did you learn?
- What will you do differently as a result of the learning?
- What are all your options to get to where you want?
- What are all the actions you need to take?
- Who do you need to communicate this plan to?
- Who do you need to support you?
- How will you measure your success?
- How will you celebrate?
In considering your achievements, ensure you cover the key categories, i.e. income, marketing, costs, profit, branding, customer feedback and strategy. You may want to apply a scale of 1-10 in each area to gauge where you are currently. This will also help identify what actions you need to put in place in each category to improve the score.
Once you’ve done this, you’ll know the size of each gap which will allow you to prioritise your actions, write down a plan, break it into quarters, and then months, build in reviews, agree accountabilities (who’s doing what), then repair to the pub!
Doing a plan for 2020 isn’t difficult. But it is essential. If you start now, you should have it finished before Christmas, which means it’ll be good to go whenever you decide to stagger back to work after the ‘holiday season’!
Fail to plan, plan to fail is a maxim we make no apologies for repeating.
Blunt thoughts on building your 2020 Vision for the year ahead!
You’ve read our advice on building a 2020 vision and plan – have you any questions?
Here at Yorkshire Powerhouse, we’re happy to help as much as possible – is there anything else we can do to help you, do you have any further questions or can we help introduce you to an expert – please let us know:
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