We're just about halfway through March, which means that Q1 is just about over. If you spent Fall 2007 or the first weeks of January putting together a strategic plan or business plan for 2008, it's time for a check-up.
A well-designed strategic plan includes measurable milestones supporting each objective. It's time to call a meeting with stake-holders and see how much progress you're making against your objectives and milestones.
Given the turmoil the financial markets are going through, it's probably also a good time to sanity-check your plans for the year. Adjustments to goals and changes of course may be in order.
And if you've made general plans that lack specific milestones and measurable objectives, it's time to sit down and define those specifics, too, so that you're able to gauge the progress you're making in each area. Judging activity against measurable outcomes is the best way to distinguish work that's truly productive from work that merely keeps everyone busy.
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