NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
Why 90 days is the new 5 years - a view point by Safaraz Ali
1.
2. Business planning is changing
• The way we plan in
business is
changing and
evolving at a
quicker rate than
ever before.
• The key driver for
our success now is
how we react and
adapt to change.
3. The above model has long been the
standard in business planning, but I
believe this concept to be out-dated.
6. Strategic Planning
• I’m not saying
there’s anything
wrong with a 5-
year-vision.
• In fact, I think it’s crucial to have
one, but planning for any longer
than 90 days is irrelevant.
7. Strategic Planning
• It is important to know
where your business is
eventually going, but
those goals can be too
big and seem
impossible to achieve.
• Hence why I advise breaking
planning down into 90 day
segments.
8. Strategic Planning
• What can you do in 90
days to build towards your
5-year goal?
• If you achieve 4 – 5 goals
in a quarter, that’s 20 in a
year, and 100 in 5 years.
• Small steps help drive business
towards the end goal.
10. Tactical Planning
• Tactical planning
takes your strategic
plan and sets forth
specific short-term
actions and plans.
This is where you break down your
90-day goals even further,
delegating actions to specific
departments or colleagues.
11. Tactical Planning
• Tactical planning
should be every 2
weeks as markets and
the business
environment can
change quickly.
• Allow flexibility, and regularly be
able to reassess how tactics are
performing against stated goals.
• Change tactics if necessary.
13. Task Planning
It’s a chance to:
• review your progress on the specific business goals
you've set
• set your daily agenda
• prioritise your tasks of the day
Daily task planning is a key element of success in
business.
15. Task Planning
• Operational
planning should
also be a daily
activity.
• First line managers should be
making specific plans for low
level and day-to-day activities
and processes that will support
and enable the tactical plan, and
delegating to team members.
16. Twitter: @pathwaygroup LinkedIn: The Pathway Group (Workforce Solutions)
Tweet @SafarazAli
Connect with Safaraz Ali
In my opinion, breaking
down goals and making
them more
quantifiable and
achievable is the key to
reaching your 5-year
business vision.