Overcome these 3 stumbling blocks and plan like a pro!
Planning can be a headache. But it doesn’t have to be.
Here are 3 sneaky hurdles that are tripping up your plans:
1️⃣ 𝐀𝐥𝐢g𝐧 𝐆𝐨𝐚𝐥𝐬: 🤝
Different teams have different ideas, causing conflicts in planning.
To avoid this, make sure everyone is united behind a common goal.
Like a football team all working together to score the winning goal!
A retail company with different teams handling different product lines may have conflicting goals, resulting in poor planning. To tackle this, they need to align their goals and work towards a common objective of maximizing sales revenue for the company.
2️⃣ 𝐑𝐞𝐰𝐚𝐫𝐝 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐄𝐟𝐟𝐨𝐫𝐭𝐬: 👏
Sometimes people focus only on what’s happening now, instead of planning for the future.
To fix this, reward people for planning just as much as completing tasks.
Like how a farmer plants seeds in advance to reap the rewards later.
A car manufacturer that focuses only on meeting the current demand without planning for future demand may face a shortage of parts and have to halt production. To avoid this, the company should reward employees for forecasting future demand and maintaining inventory levels accordingly.
3️⃣ 𝐇𝐚𝐯𝐞 𝐚 𝐂𝐥𝐞𝐚𝐫 𝐑𝐨𝐚𝐝𝐦𝐚𝐩: 🛣️
Many companies don’t know where they’re headed or how to get there.
To fix this, set clear goals, know how to make smart choices, and recognize success when you see it.
Like a captain charting a course for a ship to reach its destination.
An e-commerce company that doesn’t have a clear roadmap for growth may end up making poor inventory decisions and face stockouts or excess inventory. To avoid this, the company should have a clear growth plan with milestones and KPIs to measure success and adjust inventory levels accordingly.
Overcome these 3 stumbling blocks and plan like a pro!