4 Reasons Plans Fail & How to Avoid Them

How many times have you been in a meeting and a new idea is presented leaving everyone in the room filled with excitement?  There is nothing like the feeling you get when a new product or service idea is mentioned.  This happens thousands of times across the globe.  Why do so many of the “next best thing” plans fail?

 4 Key Reasons Why Plans Fail

  1. No Action Steps – Amazing thought goes into the new venture and intricate plans are developed about how to get it to market, but it lacks an action steps to get the project moving.  Motion creates motion, although nobody thought about what needed to happen to create it.  This is the definition of paralysis.  We are often paralyzed by not putting action steps into our plans.
  2. Not Assigned a Champion – Every idea has to have a champion.  The ship will not drive itself.  Each new initiative, just like the ones currently in place, hase to have a captain.  It is very frustrating to look up 6 months later and realize the plans previously drafted look the same now as they did then.
  3. No Deadline – This is critical.  I don’t know about you, but I am motivated by deadlines.  Call me a procrastinator…and I won’t be offended.  Customers do this to us everyday, so why shouldn’t we do it to ourselves.  After properly identifying what the action steps will be, deadlines need to be placed on each step.  This will allow the team to measure progress toward the goal, as well as making sure the ideas move from the incubator to reality.
  4. No Plan – We have all heard the cliche’ that says “If you fail to plan, you have planned to fail.”  There has to be a road map to know where you are going and benchmarks along the way to track your progress.  Can you imagine going to a place you’ve never been with no map, GPS, or directions of how to get there?  As with traveling, ideas need a well thought out plan too!

Great ideas deserve a chance to SUCCEED!  The best chance of achieving this is a well mapped out plan.

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