Is your business going to achieve what you want it to achieve this year? Is it performing and reaching the targets you have set? Do you know the answer to these questions without thinking? Do you have targets for your business that you are reviewing and actioning regularly? If not, now is the perfect time to look at this in depth. As we come to the end of the first quarter of the year all Business Owners should be preparing for an end of first quarter Business Performance Review.

Get change strategies to thrive in life and work

Are you on Track?

Is Your Business On Track?Are you on track to achieve what you really want in your business and lifestyle this year?

Are you reaching the targets you have set each month?

Are your action plans linked to how your goals are progressing?

Are you measuring and reviewing your results regularly?

Why is this Important?

It’s important because if you don’t focus on these areas you are in danger of not being on track to create the results you really want for your self. Measuring performance on a regular basis is a critical part of keeping on track and creating success on your own terms.

All business owners should be holding regular business & lifestyle review meetings.

Are you?

If not, here are some things to do right now:

Planning, Review and Strategy Meetings

  • Open your diary.
  • Put a date and a time in your diary for every month of the year for a strategy review.
  • Set an agenda for them – include things such as business model, lifestyle, strategic plans, goals and action plans.
  • At every monthly meeting review in detail how every area of your business and life is performing.
  • Ask yourself “am I on track to achieve what I want in the next month and for the rest of the year?”
  • If yes, check your action plans are water tight for moving forward
  • If no, what do you need to put in place NOW to get back on track?
  • Set targets for every area of the business and lifestyle
  • Hold your meetings away from your home office where you can’t be disturbed or distracted.

These meetings are essential because they are the steering wheel of your business and designing life on your own terms. Used and applied correctly they will get you to where you want to be.

Tip: always include your lifestyle goals in these meetings so that you can ensure your business is supporting living the life you want. Many people make the mistake of looking at business and lifestyle in isolation. There is a time and place for that, but in your review meetings look at them together.

Don’t put it off. Action this now.

Related post:

5 Days to Change for Success – Day 4: How to Avoid Failure

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  • Thanks Barry. Glad you liked it.

  • Barry Zweibel

    Nice post, Ali. And particularly well-timed given the end of 1qtr2010 approaching.

  • Ali, this is brilliant. So brilliant, I've actually done what you advised in the post! I know have a recurring outlook entry for “Quarterly Business Strategy” 1st Monday of ever 3 months starting April (Bank Holiday Monday!) and I've pasted your post into the body of each entry.
    Many thanks!

  • Amanda, delighted you found it useful. It is such an effective activity for created results and effective action plans.