7 Ways to Reset Your Business Goals
Review your running to-do list and eliminate any items that are no longer relevant or impactful to your business goals. Narrow your focus on what’s really important to get done right now.
Identify 3 goals to achieve this quarter and the metrics for how you’ll measure success vs failure.
Create a budget that aligns with these specific business goals. It might be tempting to leverage last year’s budget, but if your goals are not the same, it may not be a helpful indicator of where to allocate resources this year.
Do a competitive analysis of reoccurring expenses, such as subscriptions and software, to determine if better tools are available to build more cost-effective, integrated systems.
Set up a process for tracking the effort and outcomes related to these new business goals.
Create a communication plan to explain why these goals are important to the business and how they align with the company’s mission.
Identify milestones that will be celebrated and how employees will be recognized for achieving them. Even if you’re a team of one, motivation and momentum are key.