Strategic Planning For The New Year

strategic planningLike most of us, you’re probably consumed with all the holiday hoopla right now and finishing out the current year on a strong note. But don’t forget that 2020 is just around the corner and you can’t put off strategizing for the New Year. Now it the time to clarify your goals for next year and beyond, think about how you can meet those goals and when you should meet with your team to get everyone on board.

You can make an argument that your annual strategic planning session is one of the most important things you’ll do all year. It’s a chance to move your team’s long-term strategic goals forward and make sure you’re all on the same page. It gives you an opportunity to step back and look at the bigger picture. For example, what are some of the biggest challenges facing your department over the next year and beyond? What your strengths and weaknesses to meet those challenges?

No pressure, right? Strategic planning takes effort and preparation, but it doesn’t have to become a stressful exercise. Here are a few steps to get the ball rolling:

  • Define your department’s vision: This is the first and most critical step in creating a long-term plan. This statement should answer the key questions that drive your department. Where are you headed? Where do you want to be? Get it down on paper!
  • Establish short-term goals: This should include everything you want to achieve over the next 12-36 months. Remember to keep them “S.M.A.R.T.” (specific, measurable, actionable, reasonable and timely).
  • Outline your strategies and create an action plan: Strategies are the steps you’ll take to meet your short-term goals. Your action plan is all about the specifics – what you’re doing, when you’ll do it, what resources are needed, etc.
  • Review and modify on a regular basis: Don’t create a strategic plan and leave it at that. Check in regularly to make sure you’re progressing toward your goals. Foster strong communication with your team to ensure everyone understands your direction and what they should be doing to achieve strategic goals.

Planning in advance is one way effective leaders avoid the stress of being behind the eight ball. Leah M. Joppy and Associates has worked numerous firms to draft annual plans that align and inspire teams to reach their goals for the coming year – and beyond. Then we help you put it all into action. For more information, contact us at 301-670-0051 or email leah@lmja.com.