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ANNUAL PLANNING - DEMYSTIFYING THE PROCESS

5/7/2019

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Benjamin Franklin was credited for saying, “If you fail to plan, you are planning to fail!” ​
​The annual plan is about aspirational thinking and measuring performance. It's a time to celebrate what you have done well, and to reflect on those experiences which fell a little short.  
​
​The purpose of the annual plan is to align your team and everyone in the organization around a handful of priorities that keeps the company on track for financial success. Your annual plan will provide inspired focus and provide key performance measures to benchmark progress.
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​A good planning process forces you to do three things:
1)  ​Review past years' performance. ​
  • Include your cross-functional partners to improve perspective.
           -  We'll talk later about using a traditional SWOT analysis to capture key thoughts.
2)  Define success and those metrics that matter.
3)  Align key resources around a shared thinking.

Once an annual plan has been agreed to, it infers entire organizational buy-in and their full support.

​To learn more about the planning process, read below. 


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    Mike Stout

    A transformational marketer having over 25 years industry leading success.

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​Northland Adventurer
  • Home
  • Body of Work
    • The Crossings
    • Sports Lighting Authority
    • Copper Creek
    • Good in the 'Hood
    • Veticus & PureFresh
    • Carl Buddig & Company
    • Dale A. Swanson
    • C&E Upholstery
    • HydroVerge
    • Canton Literary Management
    • Downtown Prior Lake
    • Last Line of Defense
  • About
    • More about our Founder
    • Northland Adventurer >
      • Rum River 2017
      • Rum River 2019
      • Cannon River
      • Superior Bay
      • Upper St. Croix
      • Headwaters of the Mississippi
      • Namekagon River
      • Taylors Falls - Lower St. Croix
      • Lake Pepin & Lake City
      • St. Paul, MN & Raspberry Island
      • Tall Ships Duluth Festival
      • Stillwater, MN
      • Great Lakes Lighthouses
      • Bridges of Stillwater
      • Wisconsin Central Bridge Ruins
      • Soo Line High Bridge
      • Vertical Lift Bridges
      • Trains
      • Railroad Bridges
      • Tugs and Barges
      • Locks and Dams
      • Business and Industry
      • The Joy of the Journey
      • Overhanging Branches
      • Best of All It's Fall
      • Get Off the River!
      • Crossing Lake Huron
      • Straits of Mackinac
      • Crossing Lake Michigan #1
      • Crossing Lake Michigan #2
      • Crossing Lake Superior
      • SEVENTY48
      • Campus to Coast
      • Avid Kayaker Brushes Death >
        • The Whole Story
      • A Narrow Escape 2019
      • Reflections
  • Website Work
  • Printing Services
  • Blog
  • Contact