New Year........New Plan
I’ve been talking about it, planning it, and had the diary for it for AGES, and now finally we are actually in 2011.
For me, the New Year always heralds the start of a new plan. It must have been all those years spent working in the world of big business, but the discipline of planning has always been drilled into me. Its great to have a road path to follow, even though there will be variations to the plan throughout the year.
I know some people don’t like them, but honestly if you haven’t done a month on month, year on year forecast then have a go……its a great exercise for at least clarifying the shape and look of the year ahead. My personal preference is to have a plan at the outset of the year and then to do a re-plan in about May, when the year is shaping up a little more firmly in terms of trending!
I’m a huge fan of the website Inc – they are a fabulous resource for small businesses and entrepreneurs. Their take on Forecasting is as follows:
‘Forecasting involves a little art, a little science, and would definitely be a lot easier with a very large crystal ball. How you forecast depends a lot on what industry you’re in, your company culture, and the number of variables that are just beyond your control. The good news: solid experience with forecasting sales in good times and bad should help everyone make more accurate predictions in the coming years’
So looks like I’ll be an expert in say – 2020?