How Not to Plan Out Your Next Quarter - Deepstash

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Common pitfalls to avoid when planning your next quarter

INC

How Not to Plan Out Your Next Quarter

How Not to Plan Out Your Next Quarter

inc.com

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Creating a quarterly plan is a skill

A good quarterly plan can help your business move forward faster than you thought. But, creating a good quarterly plan is a skill.

Most business owners may struggle to create a plan that is

  • practical, and 
  • considers their team's strengths and weaknesses.

You may not have a realistic idea of how long certain tasks will take on your strategic plan. Consequently, you may either over commit or under commit.

  • Understanding how long tasks take will help to create a more balanced plan.
  • Consider spacing out your deadlines, as putting al...

Don't create your quarterly plan at the last minute. Instead, start working on your quarterly action plan in the middle of the previous quarterly.

Once you've created a quarterly plan, remember to share it with your team and take action on the items at the start of the quarter.

It's easy to have vague goals and then use them to excuse why you couldn't reach your goals.

Instead, be clear on what you want to achieve. Ensure to quantify it. For example, instead of saying "I want to increase sales this quarter", say "I want to increase sales by 22%."

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