Much has been said and written about the importance of setting business goals. American psychologist Fitzhugh Dodson stated, “Without goals and plans to reach them, you are like a ship that has set sail with no destination.” Indeed, having goals provides a clear focus for a business, giving it direction and purpose.
Why Crush Some Business Goals?
Meeting business goals is desirable, but do you just want to barely sneak by them, or would you rather crush them–leaving no doubts about their successful achievement? Some important goals can include definitively increasing sales, growing profits, increasing market share, improving customer service, increasing customer count, and growing shareholder value. Of course, there can be many other potentially important goals to crush.
Crush Your Business Goals with These Tips
Use these tips to achieve crushingly good results:
First, set goals that really matter. Then let everyone know what the goals are and why they are important. Name and quantify each goal. Make the goals stretch goals but also be realistically achievable.
Second, don’t focus on too many goals.
Third, create actionable plans for each goal and get as many people as appropriate involved in the planning process to improve buy-in.
Fourth, define everyone’s roles in goal achievement and set accountabilities to achieve the goals.
Fifth, set measures for goal achievement and track the progress of each goal.
Sixth, communicate regularly with all stakeholders regarding the progress of the enterprise.
How to Crush Business Goals with a Great Team
Achieving business goals is not a one-man or one-woman task. It takes a really good team. So, consider these factors as you build a great team to crush your goals:
Understand the strengths and weaknesses of your team.
Build diversity into the team.
Show your team that you value them.
Be transparent in your team communications.
Support learning and knowledge sharing.
Seek Experienced Funding Assistance
Contact WCK Financial Lending LLC, based in Los Angeles, CA to help bring your business dreams to reality. We offer a comprehensive portfolio to meet a variety of commercial finance needs.