If you have introduced some CONTROL into your business, have set a plan for the year and are measuring some lead and lag indicators (see my last post) then it makes sense that you pause to REVIEW progress on a regular basis.

The benefit of conducting regular reviews are

  • You gain an updated view on the health and strength of your business, avoiding surprises in the future
  • It gives you the opportunity to review your key lead and lag indicators and identify interventions required to achieve the results you want
  • It is an opportunity to keep you and your staff engaged and motivated

I would suggest the following for a review, even if it is just you,

  • Set regular dates for reviews at the beginning of the year – if they are not in the diary they won’t happen
  • Develop a standard report or presentation pack for the review – a page for each key element. Focus on the elements that are important for achieving your goals for the year.
  • Agree an owner for each element, it is their responsibility to prepare the information and talk about it at the review. This is where you can keep staff engaged, listen, and learn from them and maintain alignment on the way forward.

Everyone I have set up a standard monthly report for has found it valuable – please get in touch if you want to learn more.

 

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