Many readers wished they had set clearer
priorities earlier in the year after our December feature
"Your Year In Review: 365 Days That Made A
Difference".
It's not too late for 2006. You've got 216 days
left.
Let's do a quick mid-year checkup on
your results for the first 149 days.
Feel free to call
Leslie or Don at
877-851-0098 if you want to clarify a
particular area.
Are
you smarter today than you were on December 31, 2005?
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Experience is a great teacher
when you consciously examine what's working and
what's not.
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What are the five lessons
you learned in 2005 that are helping your business succeed in 2006?
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Doing what you've
always done may not help your business run better.
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Think about the major products, services and other activities your business has started, stopped, or
streamlined so far in 2006.
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What revenue, cost, or productivity
benefits did you get by making these changes?
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Successful results
happen through effective and active management.
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List the key financial and operational indicators
that help predict the performance of your business.
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Have you checked these
indicators
every month during
2006?
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What actions are you taking as a result?
Is
your business serving customers better in 2006?
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We bet you started
out 2006 with lots of ideas to improve your products and services.
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Think about your team's five best ideas.
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We're six months into 2006. How many of these ideas are in place today?
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We always emphasize
the importance of really listening to customers and clients.
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How many of your customers have you talked with
in-depth since January?
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Have you implemented or improved your customer feedback process?
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What actions are you taking based on what you
heard?
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Analyzing lost
customer opportunities is painful, yet instructive.
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Which customers have you been most disappointed
to lose in 2006?
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For each one, why did they choose to stop buying from
your business?
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What steps are you taking to avoid more losses like these?
Is your business on a stronger footing than it was on December 31, 2005?
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Many businesses
underutilize a tremendous asset - their employees.
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How often have you updated your staff on business
performance in 2006?
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How often have you explicitly requested their input, ideas
and feedback?
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How often have you updated them on the status of
their ideas and input?
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Have you addressed
staff problems which existed on December 31, 2005?
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We know budgets
aren't fun. We know it's stressful to talk to problem employees. But
every aspect of your business needs attention - not just the parts you
enjoy most.
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Think about the three to five areas of your business that you
least enjoy.
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How are you
balancing your attention between these areas and the more enjoyable
ones?
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Building a business
that can work without your constant personal involvement is critical if
you want to build a business that can last.
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What have you done in 2006
to strengthen
your staff and other
professional relationships so that you can spend more personal time
or focus on big-picture business interests without jeopardizing your
existing business?
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If you constantly fight
fires, what are you doing to put your business on a stronger
foundation by year-end?
How's your work-life balance compared to December 31, 2005?
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Renewal's not just
for customers - it's for business owners and managers as well.
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List your most important personal relationships.
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Are you doing the same, better, or worse at keeping your promises to these
individuals...whether it's picking family members up on time or doing
your share of the household chores?
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It's not enough to
make money - your business has to stay true to your personal vision as
well.
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Compared to December 31,
2005, do you feel closer to your personal goals, or farther away?
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Are you satisfied with "where you're at"?
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Being a good neighbor
matters.
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How visible are your footprints in your community --
whether it's mentoring others, joining in church activities, civic
organizations, or other activities that strengthen the communities
we share?
Are your daily actions and your
big-picture priorities aligned?
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Success has two parts
- what you do, and what you don't do.
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How well do your current business priorities reflect your top
three to five opportunities for 2006?
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How well do your business priorities reflect your top
three to five business risks or exposures for 2006?
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What have you stopped or changed since
December 31
to free up time and money to tackle these opportunities and risks?
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Cast your vote!
Tell us how things are going in YOUR neck of the woods and get our
excellent FREE strategic guide "Niche
Strategies For Wellness Businesses". It'll help you
find a niche where your business can prevail. |
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Click HERE if things are on track. |
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Click HERE if you're making mid-course corrections. |