A Good Resolution: Schedule Regular Management Meetings

February 13, 2017 2:29 am

Published by

It’s not too late to schedule your monthly management meetings for this year. Use some regular meeting schedule such as the third or fourth Thursday of every month. Review your business plan milestone dates, deadlines, tasks, plan vs. actual results, and upcoming milestone dates and deadlines. All the managers committed to the plan will know way ahead of time so there are few reasons to miss a meeting.

Plan Run Review Revise

Some excuses will come up. There will be events like trade shows or client events that some managers have to attend. However, with a preplanned schedule for review meetings, these problems won’t happen that often.

If your planning process includes a good plan — with specific responsibilities assigned, managers committed, budgets, dates, and measurability — then the review meetings become easier to manage and easier to attend.  The agenda of each meeting should be predetermined by the milestones coming due soon, and milestones recently due.  Managers review and discuss plan vs. actual results, explain and analyze the differences.

The monthly plan vs. actual review includes financial results and other measurables — product milestones, support calls, sales events, etc. — and takes just two hours a month.

It doesn’t take that much time, but there is very little in management more valuable.  It makes your plan a planning process. And planning process turns planning into management.

This article was originally published by Bplans.com. The article expressed here are the authors’ from Bplans.com. Learn more about Payboy payroll software and HR management tools that matter to your business.

Related Post

4 Key Things Every Entrepreneur Must Know About Ge... Singapore is the quintessential hub for all things business globally in 2017. Across any industry, from FinTech to eCommerce, our little nation has de...
An overview of technology’s applications in human ... Do you still remember the time when companies had to rely on newspaper to attract candidates? And how job seekers still used the same resume templates...
What in the world is Recruitment Process Outsourci... Confused about what RPO actually stands for? You are not alone. Because recruiters are ingeniously marketing "remote recruiter service" as RPO w...
How to think like a VC before asking for funding “Your startup is interesting, but come back to me when you have more traction.” This is a common diplomatic phrase made by VCs when they are not keen ...
Tags: , , , , ,

This post was written by Payboy