Improve Faster Than Your Competition
Summary
- Set goals for your company, but don’t let early completion derail your momentum. Always have a plan for what comes next.
- If you manage a team, hold regular meetings to review performance. Don’t rely on popular business books that suggest weekly or monthly reviews.
- Implement daily touch bases, even if they are just 5 minutes long. Quick, frequent feedback helps your team improve faster.
- Competitors who have daily check-ins will likely improve their marketing faster than those who stick to longer, less frequent meetings.
- Smaller, frequent communication loops are more effective for business growth than large, delayed ones.
Video
How To Take Action
I would suggest implementing a few simple strategies to boost your business or personal growth. These don't require much time or money but can give you great results.
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Set Continuous Goals: When you hit a goal, don't stop. Always have another goal ready. This keeps momentum going and avoids having downtime where you lose focus.
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Daily Touch Bases: Hold a quick, daily touch base with your team. Even just 5 minutes to review what’s happening can be very effective. Frequent feedback helps everyone improve faster and stay aligned with goals.
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Frequent Performance Reviews: Instead of monthly or bi-weekly reviews, consider more frequent check-ins. These don’t need to be long but being consistent in reviewing performance helps catch issues quickly and adjust strategies on the fly.
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Small Communication Loops: Focus on smaller, more frequent communication. This allows for quicker feedback and adjustments, which is more effective than larger, less frequent meetings.
These steps don't require a large investment of time or resources but can offer high value. By keeping communication frequent and goals continuous, you can maintain momentum and quickly adapt to changes.
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