Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Memo: Sustaining Growth in Your Business > NetSparsh - Viral Content you Love & Share

Memo: Sustaining Growth in Your Business

What gets measured gets done.

How do you keep your business growing? How do you ensure the health of your business and your personal income against threats from competition, market cycles, commission payout changes, regulation of all kinds, and the human threat of complacency?

The answer isn't to run faster on the same treadmill. The laws of physics say you can maintain a steady speed and still accelerate by changing direction. Since you're already traveling at top speed in your business and personal life, you can get the acceleration you need by making small changes in the direction you're taking. It's hard to foresee what those changes will be, but they will reveal themselves if you regularly devote some time to thinking and working on your business, not just in your business. A professional is constantly learning and improving through reading, professional education (an annual requirement in some professions), research etc. Coaching is a very personal and effective means of keeping a perspective on what's happening and "noodling" with someone else what your growth options are. Without a second perspective you sometimes "can't see the forest for the trees." The top professionals in sports and business have a coach or mentor they trust to help them improve their game.

I use a simple set of questions with my clients. These questions focus attention on the gap between what clients know and what they do. Whether my coaching is only once a month or as often as once a week, these questions apply. Try them yourself -- or with a coach -- to see their power.

Self-Coaching Questions

Begin by writing the completion of these "Sustainment Statements" every week. I recommend a weekly period to give them urgency and to help maintain your momentum. Feedback on a weekly basis is more effective than it is over a longer period of time.

Sustainment Statements

For the next week I will ?? (be very specific)

So that ?.. (what is the outcome and benefit?)

The results will look like this ?.. (if you can't describe it, how will you know it happened?)

After the first week you ask, "What have I done to make progress in ?"

How well or how much did I do (rate yourself 1-5)

What will I do next? __________ (pick your next step toward a certain goal or direction)

So that ?

The results will look like this ?

Next, find someone to "check your homework." Who is going to keep you on track? I began offering a tickler service to clients who want to do self-coaching in addition to using my regular coaching services. Repeating this questioning process weekly will make weekly improvements to your business. If you want to make regular progress, get someone or something you are accountable to weekly.

Bob Lodie is a speaker, business strategy coach and consultant to financial advisors. He is author of Three Steps to Million Dollar Production and Personal Success from the Inside Out. He can be reached bob@boblodie.com or direct at 310-552-6064

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Fairbanks Daily News-Miner

UAF chancellor rolls out new strategic planning initiative in ...
Fairbanks Daily News-Miner
FAIRBANKS — University of Alaska Fairbanks Chancellor Dan White delivered his annual convocation speech Tuesday afternoon and introduced the audience ...

and more »

Suburban Life Publications

Downers Grove District 58 board approves strategic plan
Suburban Life Publications
DOWNERS GROVE – There may be a time in the future when Downers Grove Grade School District 58 installs air conditioning at all schools, expands middle school to include sixth grade, revamps its curriculum to be more rigorous and develops a plan to ...


Patch.com

City Seeks Community Input On New Strategic Plan
Patch.com
From The City of Geneva: Residents, merchants, and stakeholders are invited to help shape the future of Geneva by attending the City's Strategic Plan Advisory Committee's upcoming community forum.The forum will be held at 7 p.m. Thursday, Sept. 20 at ...


FOX 44 - KWKT

UPDATE: Strategic plan approved by Belton City Council
FOX 44 - KWKT
... hoping it will force the city to re-evaluate the plan from a homeowners prospective. "I think that's what they are hoping, that we'll move on and turn the page and go on with our lives," said Daniel. If the strategic plan is approved, the Lake-to ...
Belton Council revises Lake-to-Lake Road plans, adopts $28.8M ...Temple Daily Telegram

all 4 news articles »

Danvers School Committee approves new five-year strategic plan
Wicked Local Marshfield
A new five-year strategic plan to take Danvers school through 2023 has been given final approval by school officials. The Danvers School Committee on Sept. 10 gave its seal of approval to the 2018-23 Strategic Plan for the school system. Initial ...


Franklin Twp. schools to hold meeting on strategic plan
NJ.com
The Franklin Township School Board of Education is seeking members from a cross-section of the school district in developing action plans for its strategic plan. The Franklin Township School Board of Education is inviting the community to help develop ...


The Financial Brand

7 Big Strategic Planning Questions Bankers Must Be Asking Now
The Financial Brand
In boardrooms around the world, senior leaders are scrambling to set the strategic direction for their financial institution. But when senior leaders aren't brutally honest about where their organization needs to improve and innovate, their strategic ...


TechRepublic

Effective deployment of IoT requires strategic planning and careful calculation
TechRepublic
The ability to monetize the ever-increasing flow of data generated by interconnected devices will require a comprehensive and well-documented strategic plan. An effective IoT strategy will go a long way toward determining the winners and losers in what ...

and more »

United States Geological Survey (press release)

Science for a Risky World: A USGS Plan for Risk Research and Applications – USGS publishes strategic plan for ...
United States Geological Survey (press release)
The Risk Plan identifies the Bureau's core competencies in this arena and includes background on and specific recommendations for building institutional capacity for creating sustained partnerships, supporting professional staff, and improving product ...


Trustees discuss goals and objectives to better the future of Oscoda
Iosco County News Herald
According to Schaeffer, one issue with the current strategic planning initiatives is that there are three documents which “do not talk to each other” – the township master plan adopted by the planning commission in March, the township board's goals and ...

Google News

Leverage - A Small Step For You /A Big Change For Your Career

Cassy was an employee of a nonprofit who had been... Read More

How to Snuff Out the Competition Without Leaving a Mark

Does the competition drive you crazy?Are they relentless about taking... Read More

How to Grow Your Business by Clearing the Way to Growth

Is your business growing as fast and effectively as it... Read More

Pressure Washing Entrepreneurs Can Help With Government NPDES Permits

If you own a pressure washing business one of the... Read More

Fail to plan... or Plan to FAIL??

Running a business, whether it be an offline multi-billion dollar... Read More

Take A Systems View To Ensure Your Business Stays Healthy

How are you feeling today? Good, not so good, great?... Read More

For Business Owners Only - You Can?t Be Fired But Neither Can You Quit

The decision to sell, or not to sell your business... Read More

Action Planning

ACTION PLANNING: Action Planning is a process to develop strategies... Read More

How To Get More Business During The Winter Months

Business seems to drop, slow or even stop during the... Read More

Don?t Just Talk About the Weather, Use It to Advantage

A well known, national chain of restaurants discovered that certain... Read More

5 Strategies That Will Boost Your Business Productivity Today! - Part 1

Building a dynamic small business is a constantly evolving, increasingly... Read More

3 Undercover Ways to Make Big Profits from Your Competition

You have heard that there is extra money on the... Read More

Strategic Planning Fundamentals

Strategic planning is vital while starting a new business or... Read More

Five Crucial Components of a Business Plan

The format of a Business Plan is something that has... Read More

Offense: Beat the Odds

When in doubt, cut that out! Yeah, yea, doubting Thomas... Read More

6 Steps To Laying Out Your Competitive Strategy

Why do so many companies languish and watch as their... Read More

Business Planning and the ?Bozo? Factor

"Bozo" ? A clown with a forlorn look, always finding... Read More

The Importance of Value Mix

( * - the word 'product' can be substituted to... Read More

Laying It Out On Paper

You might be thinking to yourself, "Why should I waste... Read More

Are You Aware of Planning in Business?

Human beings are rational agents. Rationality endorses one to take... Read More

Call in the SWOT Team: Produce More Opportunities to Expand Your Business

Have you ever done a SWOT analysis? No, it's not... Read More

Alice In Wonderland - A Parable for A Business Plan

Remember reading "Alice in Wonderland?"She asks the Cheshire Cat, "which... Read More

Top Ten Traits of Strategic Thinkers

Want to become more strategic? Add these traits to your... Read More

The Tables Have Turned - Its Officially a Sellers Market

Private equity firms have raised so much capital over the... Read More

Don?t Allow Yourself to Get Burned

I am not a big fisherman, but I do enjoy... Read More