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For example, a basic KPI such as Total Sales is critical for understanding if the company is performing well. For example, if sales are affected by 1) number of visitors to your website, 2) number of visitors who complete a contact form, 3) number of proposals you issue to these leads, and 4) the proposal closing ratio, then each of these KPIs should be tracked.Then, if for instance, the number of visitors to your website decreased, you would know and fix this immediately, rather then waiting until sales plummet later.
Examples can include: As you can see, on their own these statements are quite vague. That way, you’ll always have your eye on the prize.
The next phase of the action plan is the objectives.
They key is to first identify your 5 year or long-term goals.
Next, identify your one-year goals; that is, what you must achieve in the next year for it to be successful and to put your company on the right trajectory to achieving your 5 year goals.
A strategic plan is a roadmap to grow your business.
To help you succeed, use this proven strategic plan template, and the information below details the 13 key sections you must include in your strategic plan.
So, it’s critical to identify the KPIs you will track in your business and list them in this section of your strategic plan.
Click “next page” below for sections 7 to 13 of your strategic plan or here for the proven strategic plan template."A strategic plan is a roadmap to grow your business.
This step-by-step guide is all you need to create the ultimate career action plan. But…how many of us actually take the time to follow through on this advice?
Regardless of whether your goal is to grow your career, wealth, or business, the key to doing so is crafting a plan. Before diving into your action plan, keep one thing in mind.