Episode description
This episode covers the importance of having many strategic plans to achieve your goals.
You may know about SMART goals – Specific, Measurable, Attainable, Relevant, and Time-based. These are often used to create a single, comprehensive plan for achieving annual goals. Yet, relying on a single plan can be risky. A single plan may not take into account unexpected changes or challenges that can arise.
That's where the idea of many strategic plans comes in. Business owners can be better prepared to pivot and adapt to changes in the market or other external factors. For example, a business owner might have one plan for achieving their goals in a stable market. They might have another plan for navigating a recession.
Using many strategic plans is a smart way for business owners to set and achieve their annual goals. Tune in next time for more tips and strategies on how to succeed in the world of business!