In the series, “Choosing the Profit You Desire”, we have discussed: Planning and Execution.
Today, we are going to focus on the culture of excellent follow-through, answering the following questions:
How important is Following Through on Tasks and Commitments?
How do you Nurture your executed plans Till Maturity?
How do you know when to Change Tactics where necessary?
Read on to learn why Follow-Through Matters.
FOLLOW-THROUGH IS THE LIFELINE OF YOUR BUSINESS ACHIEVEMENTS
When you fail to follow through on your plans, over time your team will accept that it is ok to make plans that never materialise. You are not only going against your goals, but instead of inspiring your team members to do more, you will be deflating their morale and output with every waived commitment.
EVERY IDEA IS A SEED THAT NEEDS TO BE NURTURED TO ITS MAXIMUM POTENTIAL.
Nurturing your ideas is like nursing a newborn. At birth, all the organs the child needs are already within the child in smaller sizes. In similar ways, your idea has all that it needs to yield results within it, though in inconsequential size.
As every little child needs nurturing and tender care, so do our ideas need good nurturing to develop healthy and laudable results.
We can’t recklessly abandon the idea in the phase of execution just because it’s now operational. That will be suicidal.
Nurture the execution of our ideas in the right environment, network, provide the needed tools for our team, continue to give it a closer watch, support it at every step of the way, and provide all additional needs.
KNOW WHEN A PLAN ISN’T SUITABLE ANYMORE AND WHEN TO CHANGE PLANS
As you execute, ensure to defend your executions from external prey such as inflation, economic shock, unforeseen circumstances, new competition, etc.
Let me give you an example. A school owner, after experiencing the previous session’s spike in book sales decided to buy the next session books in the current session – that’s 1 year ahead- she termed it a future investment.
This change of plan and strategy, not only made her profit, but in the next session, her textbook prices were still competitive compared to external bookstores. Yes, she made a maximum profit and also made her students’ parents happy.
A farmer must never fail to harvest at the right time and use the right procedure. Most have lost fortunes due to incompetence in this area.
As we bear results from our execution, and growth sets in, we must develop the skill of recognizing opportunities and harvesting the benefits.
Ensure you Nurture till Maturity!
If you have questions or feedback on any of our series, you may write us via email at email@example.com
I am Adeyiga Awomuti, towards the smartest you.