Short v long term.
Most companies have budgets, targets, and goals.
These are often set in October and November for the next year ahead.
But is this the best way of doing it?
Working with Property Academy’s Elite Forum members, we’ve developed the “Summit Plan” approach.
The idea is to have a five year view:
Base camp – last year, what you actually achieved
Camp one – next year
Camp two – the year after that
Camp three – the year after that
Summit – year five (four from now)
Each year the Summit plan resets, so in reality you never get past Camp one.
That’s ok, because it’s different each year (hopefully better).
Why does this work?
Because having a longer term view propels the short term achievements further.
It also means that big decisions are taken in context, unaffected by the immediate challenges that will probably not be there in a year or two anyway.
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