3 Reasons Annual Plans Fail

The Wrong Growth Strategy.  Lack of Execution. No Time to Prepare.

Need help?  Talk to an Expert.

Did you miss your numbers last year?
Don’t let that happen again.

Our strategy and execution experts have facilitated over 3,000 plans with middle market growth companies. We have seen a lot of plans play out and know how to make sure yours is high quality.

The right annual plan sets you up for success. Unfortunately, the wrong annual plan causes chaos, missed numbers and missed deadlines.

 

What are the top 3 reasons annual plans fail?

  1. The CEO is burdened by 2 jobs - facilitating the session and participating.
    It is really hard to lead the session and simultaneously dedicate 100% of your brainpower during strategic discussions. Great ideas are left on the table and important discussions do not get fully vetted.
  2. The Plan has too many growth ideas and not enough resources to execute.
    A great plan must have a solid strategy that has enough resources to execute. Too many great ideas without the ability to get them done is not a plan, it is a wish list.
  3. There is no clear Action Plan. People do not know what to do after the session.
    A successful Action Plan means that the company, departments and individuals know what they need to do, by when and how success is measured. Without clear KPIs and priorities, teams do not what to do every week and every day. Chaos quickly ensues.

Let Us Help You Do Annual Planning RIGHT.

Rhythm expert facilitators have run mid-market companies or have executive experience so they are quick to understand your needs and bring immediate value to your organization.



Your facilitator will help you:

  • Prep for the session
  • Gather and analyze all the prep work from your team
  • Create a custom agenda
  • Make sure the most important decisions get discussed and made
  • Facilitate the tough discussions and make sure everyone has a voice
  • Help you create a plan everyone believes in
  • Expert Planning Facilitator

    Create the Right Growth Strategy

    Your facilitator will help you:

    • Brainstorm strategic ideas to move your top and bottom line
    • Rank your top ideas and decide which are the best 3-5 to pursue
    Winning Moves

    Easily rank and identify your top 3-5 strategies with Rhythm Software

    Take the emotions out of ranking your strategic ideas. Rhythm Software makes the process of evaluating top strategies analytical and straightforward.

    • Identify potential revenue or profit for each strategy
    • Rank how difficult or hard they are for you to execute.
    • Rhythm Software will create a chart identifying high impact strategies as well as losing moves
    Steve Vogt
    Having a Rhythm facilitator allowed me to be an active participant in our Annual Planning session. The decisions we made at that meeting helped us grow 140%, 3 years in a row.”

    - Dr. Steve Vogt, CEO, BioPlus Pharmacy

     

    Create Clear Action Plans So Everyone Knows What To Do

    Great strategies without clear action plans is one of the top reasons we see companies fail to achieve their annual targets and goals.

    Your facilitator will help you:

    Create the right KPIs and weekly dashboards.

    Your Rhythm Expert will help you create the right KPIs for your company’s annual and 90-Day plans. They will also help you create action plans and KPIs for each executive team member.

    Test your plan to make sure you did not overload your team
    Team Dashboards

    The most common reason we see plans fail is that they have overloaded people.

    Think about it. People have day jobs and spend a large % of time and effort on these. Then we pile on growth priorities. Inadvertently, we overload the person. They never had a chance to succeed.

    You need to prevent this up front.

    We load your plan into our software and can see if anyone is overloaded. If you have overloaded your team, we make the adjustment right away.

    Use The Rhythm System to keep your company and departments on track all year long.

    Do not make the mistake of finishing your annual planning session without providing the right tools for the executive team and departments to execute weekly and daily.

    Unfortunately, most companies that start with us spend a lot of time determining their strategy and top priorities for the executive team at the company level, but do not break it down for departments with details so everyone knows what they have to do. Without specificity, things get off track really quickly.

    If you invest in The Rhythm System, your Rhythm Expert Facilitator will not only help you create weekly dashboards for the executive team but they will also help your departments create their plan and dashboards and teach them how to run effective weekly meetings using the Rhythm Software.

    The result? 80% of weekly meeting time will be focused on problem solving, not boring status updates.

    You will get more strategic initiatives done with less chaos and stress.

    Expert Facilitators

    The Rhythm Systems experts have helped mid-market companies around the world create over 3,000 plans and successfully complete over 250,000 priorities.

    Learn More

    Rhythm Experts

    The Rhythm Software System

    The Rhythm System is your answer. It provides a better way to keep your employees on track every year, every quarter, every week and every day.

    Learn More

    Rhythm Systems Team Performance Dashboard