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Sign into your accountIs Growth Possible For You in 2016?
March 01 2016
Economists are expecting 5 percent growth in 2016. Yet many of our clients are setting expectations above 25 percent. Goal setting is more than just putting numbers on a page and slapping your business in the rear, yelling "go get 'em" while you stand there in the dust with your hands on your hips hoping for the best. Goal setting is about getting on the horse and leading the charge.
Before you get on that horse, you had better know where you plan to go. In business school, they call this discovery. It is a process for understanding the possibilities for your organization. I wrote yesterday about the three economic requirements for growth – capital, labor, and productivity. Discovery involves taking a hard look at your financial position, the skills of your employees, and the productivity of how you do business today.
A lot of great leadership also involves storytelling. When journalists are interviewing for a story, they are taught to ask who, what, when, where, why, and sometimes how. In business, this process is a bit different.