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Six Ways to Position Your Business for Growth This Year

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Leaders, January is here! With that inescapable reality in mind, consider the following strategies to ensure your business is positioned for maximum growth.

Strategy #1: Get Specific About What Success Looks Like
When communicating with your teams, break down goals into clear, actionable steps for both individuals and teams. Instead of simply reiterating financial targets, outline the specific behaviors required to achieve them. Create a "cookbook" that shows each team member the daily and weekly actions necessary for the team to hit its target.

Strategy #2: Have Each Team Leader Validate Their Team’s Goals and Timelines in One-on-One Meetings
This ensures clear communication, fosters positivity and support and leaves no room for misunderstanding. This step is essential to avoid any disconnect regarding expectations.

Strategy #3: Focus on the "How" as Well as the "What"
Ask each team leader how they plan to achieve key milestones. Brainstorm solutions together and address potential roadblocks early to demonstrate engaged leadership.

Strategy #4: Share the RACI Framework
RACI (Responsible, Accountable, Consulted, Informed) is a task management system that clarifies responsibilities for key projects. Incorporate this framework into your communication with direct reports and your company culture.

Strategy #5: Set Up the Calendar
Schedule additional meetings before key deliverable dates to provide ongoing support, share feedback, and address emerging challenges.

Strategy #6: Compensate and Reward at the Individual Level
Link compensation and bonuses to the organization’s annual goals, facilitating meaningful conversations about the personal impact of achieving these objectives. Align personal and company goals to drive greater success!

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