Business Planning Cycle

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In addition to knowing what they are expected to do, everyone needs to understand why we are doing it.

The more employees understand why they are given a specific task, the more they feel they are contributing to the success of the company. We make sure Klipfolio’s mission and vision are always visible to employees.

The executive kicks things off by looking at the company’s long-term goals and vision, and doing a SWOT analysis (strengths, weaknesses, opportunities, threats) of the current situation.

We’ll often have an off-site, moderated strategy session.

Personal life and business life collide, as people prepare for Christmas, go to parties and perhaps make holiday travel plans while rushing to complete current projects, hit revenue targets and clear the decks for the following year.

My rule for December is simple: To minimize panic, make sure everything important is done before the Yuletide season kicks in. There are three distinct components to this part of the work plan cycle: We start each calendar year by communicating to employees our objectives and expected results for the year.

We frequently talk about the initiatives that support our objectives at all-hands meetings.

And then, each department will communicate to its members what objectives it will execute on.

Even though the new year does not start until January 1, there’s something about the fall that speaks to new beginnings.

Kids go back to school and people come back from vacation, ideally rested, energized, and ready to jump back into the fray.

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