Strategies are your blueprint for success. Any business, to be successful, must have strategies. They are the set of underlying principles which determine your action plan towards achieving your goal. Large companies develop strategies to win in the market place. It is imperative that you work on your strategies to achieve your goal i.e. work out your blueprint, the underlying set of patterns which will allow you to succeed. A good strategy points you in the right direction and helps you to make planning decisions.
Strategic planning should provide the answers for ‘what, why and where’ of any business and act as a guide to define various types of plans. It has the ability to look at the big picture.
One common way to develop a strong and successful strategy is to do a SWOT Analysis. It is used to evaluate Strengths, Weaknesses, Opportunities and Threats and can be applied to any situation. If you are not familiar with SWOT, investigate how it works through books, the Internet or speak to a person who has used the method and try to apply it to your particular situation. It can be very helpful in the pursuit of your objectives.
Norman Vincent Peale once said, “Plan your work and work your plan”.
You have set your goal and worked on your strategies and now you need to set out a master plan to achieve that goal. First of all, make sure that the plan you are developing will be consistent with your strategies; plans must be based on that blueprint and not deviate from it.
Second, if you want to do more, be more and achieve more, planning, and its subsequent action, will play a vital role in your success; just keep it simple. You should start by envisioning what you want to achieve and this becomes the fundamental basis for your planning toward your goal. Your planning and goal-setting work will help enthuse you and put positive pressure on you in your daily work. The game plan you select will help you engage on a daily basis towards your goal and will also increase awareness and promote maturity.
No sporting team worth its salt will go out to play without a game plan. They know that if they are to have any hope of winning they must have a plan to reach that goal. Without a plan they are unlikely to win because they won’t know how to go about it.
Planning is a very important management technique. It is a map which shows you how you are progressing toward your goal and it tells you where you are on your journey at any given time; it is essential for making the right decisions on what to do next. So map out your plan, engage anew on a daily basis and take time to write it down. Planning is also preparing a sequence of action steps to achieve your specific goal. If you do it effectively, you can reduce much time and effort unnecessarily spent on areas not essential to the achievement of your goal.
The objective for developing a plan includes organizing your tasks and allocating your resources accordingly so you can achieve your specified goals within your desired time frame. Develop your plan right down to specific tasks, details and action steps needed and remember to allow time for contingency purposes. One hour’s planning now will save many hours later.
Next, analyse how you would obtain each goal and what planning would be required to accomplish the goal. Prioritise your plans. A good projected plan will keep you enthusiastic, even when the going gets tough. Your road to success will always require planning and the key is to plan to achieve your goals. Having a plan, writing out one’s desires concerning that plan and constantly expanding that plan is essential. Get a pad and play around with the order of things until the plan begins to flow towards your goal objectives. Write down also, how you should go about acquiring the knowledge you will need to act on your plans.
Think about your plans and don’t make them too rigid. Any deviation from the course could spell disaster if the plan is not flexible; however, try to stick to the desired end result as much as possible. Remember to factor in the unexpected when moving towards your goal objectives. When you are happy with what you have developed, they can be actioned. Careful planning can help you avoid, or at least better handle, problems that may arise. Remember, the whole planning procedure is that it will be a work in progress that changes along the way. It is easier to adjust your plans to avoid a coming problem than deal with it when it hits you unexpectedly.
The 80/20 Rule: Called Pareto’s Principle, this rule states that twenty percent of something is always responsible for eighty percent of the results, (or put another way, eighty percent of the potential value can be achieved from just twenty percent of the effort). It means that in anything a few (20 percent) are vital and many (80 percent) are trivial. In Pareto’s case it meant 20 percent of the people owned 80 percent of the wealth.
The value of the Pareto Principle is that it reminds you to focus on the 20 percent that matters because 20 percent produces 80 percent of your results. It should serve as a daily reminder to identify and focus 80 percent of your time and energy on the 20 percent of your work that is really important.
In the area of property buying, 80% of your time can be spent on non-results oriented activities (e.g. general day to day work details), compared to 20% on results-oriented activities (e.g. dealing with the client). Both are necessary, but the non-results oriented activities must be carefully planned so that you do not become unfocused and inefficient.
Remember to monitor the execution of your plans and review them regularly. Check on how much you have progressed towards your goal and make adjustments if necessary to optimise your plans. Measuring progress allows you to take corrective action if you are not making the expected headway towards your goal. With the right planning, your execution will become an easier task.
Once you have completed this session of one hour alone, you should now have an action plan and the course to the successful completion of your journey to your goal should be set. This time spent alone is very practical and should give your confidence a boost. The process can change your attitude and it will improve your results in all that you do. When it comes to your goal objectives, by looking ahead through planning you get ahead and stay ahead.