We work with entrepreneurs to identify objectives, create action items, develop team responsibilities, and establish timelines. Together we develop an overall, top-level action plan that depicts how each strategic goal will be reached.
Developing an Action Plan – Coaching for Entrepreneurs
As part of developing an action plan, we assist the entrepreneur –
- Review current practices
- Develop policies and programs
- Devise evaluation strategies
- Allocate responsibility and
- Develop communication strategies.
- Anticipate problems and outline contingency plans
Creating a robust action plan always begins with having a clear purpose, vision, or goal in mind.
An action plan has three major elements (1) Specific tasks: what will be done and by whom. (2) Time horizon: when will it be done. (3) Resource allocation: what specific resources are required for particular activities.
Creating an Action Plan involves:
- Identifying the objectives which are achievable & measurable.
- Identifying the action items needed to achieve the goals.
- Identifying the resources required to complete the action items.
- Identifying schedule and budget constraints.
- Prioritizing tasks effectively to meet deadlines.
Use the SCHEMES mnemonic to check that all the resource needs have been addressed.
- Space.
- Cash.
- Helpers/People.
- Equipment.
- Materials.
- Expertise.
- Systems.
A good action plan maps out the work process with a detailed schedule of critical activities needed to accomplish it.
Developing an Action Plan – Coaching for Entrepreneurs
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