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The creation of an annual action plan can help you to ensure that you aren’t wasted years, by providing you with a list of goals which you would like to achieve as well as a list of those you have. Not too shabby, eh? A performance action plan provides exactly that. A quantifiable list of those things you sought to do for the year and actually achieved. This kind of positive reinforcement can help you immensely.
So what is an annual action plan? Let’s say that you are creating something related to marketing. Your marketing action plan might include such topic points as the cultivation of regular customers. It would definitely include your cost of yearly advertising. Regular investigation into stock sources to provide the same goods at less cost. Use your imagination. Within 10 minutes of a good discussion with friends you could outline a budding empire. Spend a little for an evening out with friends and flush out your ideas. They may have resources and ideas that you didn’t suspect and before you know it, you could have the framework for one monster of a business.
So why is it essential for every business? Let’s demonstrate it with something practical. Remember college? You made your own student action plan. You put aside money for the dorm, ramen noodles, and your entertainment. Certainly a simplification, but you had a plan that you adhered to in order to ensure your education. Why not take advantage and apply this to everyday life? After all, that action plan got you through college. Make an effort and outline a plan that can get you through life.
A strategic action plan is called for. So how do you write an annual action plan? See and absorb our examples. Priorities your goals, simplify it by making a top ten list. From there you have a list of potential achievements and you can work with that. You can take those goals and simplify them into steps.Why not take a night or two of notes that you can apply to your goals? That ‘Friends’ rerun is exactly that, the depiction of another life. Why not spend a few minutes on your own life? Take control of your life and enjoy the fruits of your efforts in the future.
So how do we actually write an annual action plan. A few tips might be in order. An event action plan, for instance. Say you get an opportunity to buy goods at a cheaper price in the slow season? Buy low, sell high. Perhaps the event comes along to get a new customer with a highly discounted first-purchase? You have to plan for these things with the ‘big picture’ in mind. Preparing yourself a road map ensures that you can reap profits and avoid pitfalls through the sheer power of foresight. Don’t laugh it off, the best and most successful in the business world know the truth of this next statement.
‘You make your own luck.’
So go and make your own luck. No better time than now.