9. CREATING YOUR 90-PLAN - THE FOUNDATION FOR GROWTH - PART 1 - FLORIN LUNGU

Season #3 Episode #9

Recorded LIVE at IBGR.Network - Your Business Growth Radio

On our last two shows, we focused on Standard Operating Procedures (SOP’s) and why every business leader should at least consider franchising their business. 

Then we looked at Assigning Roles to Your Players and how when employees and supervisors or managers are not clear on the specifics regarding what role each of them plays, it can lead to confusion, low morale, and ambiguity.  

And how every high-performing team has two things in place: each player knows exactly what their role is and everyone knows who’s in charge.

That’s what I want for my team and that’s what we want for you. 

Now, in this episode, we will be looking at how to lead your business with a 90-day plan that sustains your growth and is in alignment with your vision

Show Objectives - The Why

There is a balance to be found between too much planning and the lack of it. It’s been my experience that there are pros and cons for both approaches, but as the leader of your organization, you have to help your team understand how much planning is required to run different parts of your business.

“Anyone can steer a ship, but it takes a leader to chart a course.” – John C. Maxwell  ​

Main Challenges

  1. Manager's Perspective:
  2. We have to know where we are going
  3. What is our annual plan going to look like?
  4. Where are we going to be in 3 years from now? What about 5 years?
  5. Why only 90-day?
  6. What’s step 13 of our annual plan?
  7. Leader’s Perspective:
  8. This is our WHY
  9. This is our Mission
  10. Here is where we want to be in 10 years from now
  11. This should be our legacy
  12. We’ll figure it out

Bridging the gap between the Manager’s and Leader’s Perspectives

  • Vision casting
  • Vision casting isn’t the same thing as planning
  • What’s your long-term plan? Painting your 10-year vision.
  • Vision Casting – setting the destination 
  • Breaking down your long-term vision into strategic goals
  • Setting your 90-days tactical goals
  • Create your 90-day plan

​What You Need to Do​​ - The How

  1. ​How to become aware of your long-term vision as the business owner
  2. What do we need to work on and when
  3. Identify the goals in your vision 
  4. What goes into your 90-day plan
  5. Include your team in the process

Shows

  • Next: Episode E3.009 - MANAGEMENT BY OBJECTIVES – HOW TO BUILD A GROWTH DRIVEN ORGANIZATION