The steps we take when conducting our bi-yearly strategic retreats.

Twice a year, we engage in strategic retreats, a dedicated time where we step away from the day-to-day and focus on charting our course ahead. During these sessions, we utilize a structured approach. Today, I’ll walk you through the steps we take when planning for our team’s future. 

Firstly, we consistently conduct a SWOT analysis where, as a group, we evaluate our strengths, weaknesses, opportunities, and threats. Identifying the top three in each category allows us to prioritize our focus for the next six months, addressing these aspects in our strategies and actions. Following this, we reflect on the progress made in the last six months, celebrating our achievements and acknowledging any areas where improvement is needed.

“These three elements have been instrumental in our planning sessions.”

Secondly, we engage in goal planning. This involves gaining clarity on our financial allocation, considering the business’s burn rate, family expenses, and personal household expenditures. We determine the additional income required to further our business or to fulfill a life by design, such as investing in property or planning vacations. Then, we work backward to establish production targets on a daily, weekly, or monthly basis to meet these financial goals.

Lastly, we make sure to celebrate our victories. Recognizing and highlighting what we’ve accomplished in the past six months helps us conclude our planning sessions on a positive note.

These three elements have been instrumental in our planning sessions, which we conduct with considerable experience twice a year. If you ever need assistance in planning and setting your goals for the future, feel free to call or email. We’d be more than happy to assist you.