Wislon's Writings

Issue 3 - December 2002

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Top Ten Tips for New Year Planning

Undertake an introspective assessment of how your firm measures up in each business critical success factor (see www.convergencecoaching.com for more information).
Include all of your key leaders in the assessment and planning process.
Evaluate your internal environment - the areas of your business that you can control. Where do your core strengths lie? Where are your weaknesses?
Assess your external environment - what are the opportunities and threats in areas that include your competitors, community, client base, vendors, government regulations and other factors outside of your firm that you can't affect but can plan for.
Assess your internal and external environments for your business as a whole and for each of your key service lines. Consider doing this analysis for each of your key leaders and managers, too.
Arrive at strategies to leverage your strengths, improve on your weaknesses, capitalize on your opportunities and mitigate your threats.
Be sure to place an emphasis on identifying (and then documenting) tactics to be undertaken in measurable bite sized pieces (with ownership, by when dates and a mechanism for accountability).
Adapt a coaching and mentoring element to guide and monitor the progress of owners of initiatives or tactics.
Utilize expert coaching and implementation guidance or assistance as needed.
Reassess and start the process again for ongoing improvement.