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Smart Goals

How to develop an efficient action plan

How to Develop an Efficient Business Action Plan

Article by: Sara Pantaleo

The action plan is a great way to ensure you achieve your goals! It’s simple, efficient and easy to use. All it needs are some details about what resources will be used to achieve the goal and when they should come into play – with every detail laid out for quick reference, so there isn’t any confusion or wasted time on implementation tactics. It will then act as a tool to check how your company tracks each of its goals, making achieving your strategic goals easy to manage and oversee.

To achieve the best results using your action plan, it is necessary to plan all the steps of an action plan effectively through a schedule using project management tools like Trello and Asana can make this easier and have the discipline to comply with it.


Always start your action plan with clear goals in mind. The more specific and measurable, the better! Be sure to include timeframes for each action step so that you can track progress towards achieving them all. Without this crucial detail, there may be no way of knowing whether or when certain activities need attention.

Ensure your goals are measurable! Using “SMART goals” is the best way. SMART stands for:

  • Specific.
  • Measurable.
  • Attainable.
  • Relevant.
  • Time-bound.
Smart Goals List

Resources & Prioritisation

When you’re ready to start that action plan, ensure there are no gaps in any resources. If the resources you need don’t exist, make an action plan to get them. When you first create your action plan, it may be chunky. However, after taking the time to re-evaluate what is important, slimming down can happen if needed! It doesn’t matter how difficult a task may seem; always try to break up larger jobs into smaller pieces for more effortless accomplishment.

Creating an action plan

Monitoring and measuring

This is the most crucial part of our plan. It’s not enough to list all its stages and forget about them – we have to ensure each stage leads us closer to achieving success; otherwise, what was supposed to happen will never come to fruition! If you want your plan to work, then monitoring is essential; without it, the plan will not work.

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Setting Goals

Business Planning: Setting Goals and Objectives

Article by: Sara Pantaleo

Goals are the cornerstone of any successful business. They provide a clear focus, motivate employees and set benchmarks for your company’s progress towards achieving success – whether that be financial or cultural or anything else!

Setting SMART Goals     

Setting measurable, achievable goals and making them specific will help you focus your efforts. These aspects should be considered when creating a goal to ensure that your goals are practical.

To develop smart goals, they must be:

  • Specific. Successful people know that a goal without specificity is nearly impossible to achieve. Be specific about what you want, and it’s much easier for success!
  • Measurable. Measuring your progress is essential for staying on track and achieving success. There are many different ways to measure success, including data-based measures such as money saved or the number of customers served; it can also depend upon feedback from potential clients/customer surveys etc. Measurables should always be something that will reflect how much work was done in return
  • Attainable. Your goal should be challenging but reachable. Make sure you have the time and money needed to achieve it before starting.
  • Relevant. The goal must be worth achieving if you want your business to grow and thrive. A good way of ensuring this would be by making sure whatever outcome or result you’re looking for has relevance in our current direction – such as increasing profits if they are low at present, employing more staff who can help with increased production rates etc.
  • Time-bound. The target date is like a deadline for your goal. If you don’t have one, it’s easy for the goal to be pushed aside when in the business’s day-to-day operations.
Goal setting

Examples of SMART Goals and Objectives     

Here are a few examples:

  • I will increase sales for my retail business within two months by 15% by increasing my local newspaper advertising spending. This will allow me to increase my sales.
  • I will obtain two new clients for my accounting services by the end of the month by attending a local upcoming networking event on the first Friday of this month. This will allow me to grow my business by two customers and, in turn, my revenue.
Realistic goals

Achieving your Goals and Objectives

It’s time for you to get serious about reaching those goals! Here are some things that will help plan out how:

  • Resources. Ensure you are across all the resources required to achieve a goal to ensure it is realistic.
  • Time. Ensure you have allowed enough time alongside your typical day-to-day activities to achieve your goal.
  • Action. Ensure you specify precisely what you need to do to achieve your goal.

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