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Business Planning for Success with Michael Lennington

Episode 12 Published 5 years, 7 months ago
Description

Topics covered and questions you’ll uncover during this episode:

  • The 12 Week Year is about training your consciousness to be aware of how longer term goals are achieved via short term planning
  • The three guiding principles at play are Accountability, Commitment, and Greatness in the Moment
  • The five core principles discussed are Vision, Planning, Process Control, Keeping Score, and Using Time Wisely
  • Why time is our most valuable resource, and how we view time impacts how successful we are in achieving our goals
  • What periodization is, and what it has to do with successful business planning
  • What the difference is between quarterly planning and 12-week planning
  • How annualized thinking creates a lack of urgency, which ultimately leads to a lack of productivity
  • Why success and failure should be measured on a daily basis as an indicator of whether you're on track to achieve bigger goals
  • Why you need to assess where you are today, where you want to be in the future, and identify the gaps in planning that are preventing you from getting there
  • If your vision doesn't make you uncomfortable, your aspirations aren't great enough
  • You need to stick to a process, but be willing to alter that process in order to make progress
  • What lead indicators and lag indicators are, and how they fit into your plan for success
  • Why planning—not time management—is the route cause of failure to meet goals
  • Why reviewing plans after they've been executed is helpful for future planning
  • Leaders want to hold others accountable but they can't; only individuals can truly hold themselves accountable for the things they choose to do
  • Accountability is the foundational principle to high performance (i.e. taking personal ownership of goals is the first step in achieving them)
  • When you choose what you're doing, you're in complete control of the situation—so choose appropriately in order to work towards your goals
  • Just because you're interested in something doesn't mean you're committed to it
  • Successfully executing tasks leads to greatness in the moment, and greatness in the moment shapes our future

Resources mentioned within episode:

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