Advisory.Works Advise How to Set the Right Pace for Your Business

Advisory.Works advise on setting clear goals for your business, holding employees visibly accountable for specific KPIs, but you’re still not getting the results you want from your projects. Could there be something wrong with your strategy or its execution? Advisory.Works say the answer could be more simple than you think. It’s all about timing and volume, and their guidelines are very specific: two or three projects, renewed every quarter

Quarters are brilliant measures of time: any longer and you might lose focus, any shorter and you’d run out of time to get things done. They align with the tax year, the calendar year—there are consistently four of them in every 12 month cycle which makes them ideal for setting up project timelines around.

If you give your employees a task to do in a year’s time, there are several problems they could run into. If you set monthly targets, you are certainly bringing the reward of finishing the task closer, but you’re also reducing the amount of time that people have to complete the project. Quarters are the middle ground. Enough time to work, but short enough to see the light at the end of the tunnel.

Advisory.Works make a similar argument for limiting the number of projects that you have on the go at once. Two or three may seem like a small number, but consider this, with more than three projects going on at once, your team gets spread out over a wide range of different tasks. Neither solution is very helpful for your business strategy. It’s far more effective to have fewer projects—but expect higher standards.

Advisory.Works recommend you try to only work on two or three projects at a time. Keep up the pace, readjust every three months, and split longer projects into smaller, quarterly projects if need be. Always be aware of one simple truth: more isn’t always better. More time with more projects can end up being less efficient than spending less time overall on fewer projects.

Advisory.Works are your specialist business advisors. For more information on business advisory services such as business succession, leadership coaching and business planning please go to https://advisory.works/ .