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Summer is a Great Time for a Half-Year Review

June 28, 2013

Daily ReadSummer is a Great Time for a Half-Year Review

Summertime and the livin’ is easy…or so the song goes. While the office may seem a little more quiet with so many folks on vacation and meetings fewer and more relaxed, summer is a great time to do a check up on the goals you set at the beginning of the year.  Here are seven reasons why you should perform a summertime review to identify what can be done quickly and implemented easily to re-energize your enthusiasm or get your goals back on track.

  1. Some changes take a while to fully implement. If you haven’t started the ball rolling on these tasks, it’s time to identify them and start them now to see results by years-end.
  2. You can take action while your competitors are procrastinating.  People tend to “coast” through the next several months once they pull out of winter. This is a great time for you to “get ahead”.
  3. Now you know what you didn’t know in December/January.  You should have an answer to some questions that were raised when you were setting your goals at the beginning of the year.
  4. You have the opportunity to regrip the reins.  When you aren’t ruling over your business, chaos will reign, and you will have upset employees and customers. “Success begins with great leadership.” Do a double check to make sure your are still at the reins.
  5. Nothing good comes from waiting to look at your numbers. Are your sales up or down compared to last year and what you had forecasted for this year? Why or why not? Look at all your numbers – sales, expenses, bottom-line net profit.
  6. It’s a great time to go after new opportunities. New opportunities are always presenting themselves. By running your business through a summer check-up, you’ll be able to reevaluate and identify them.
  7. There’s no better time to remotivate employees. Great business owners know how to use the summer to re-motivate their staffs. One great way is to set a pre-holiday objective and an end-of-summer goal and create specials or incentives aimed at your customers and employees for meeting this short-term goal.

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