We’ll be celebrating the New Year before you know it! Ever since the U.S. came out of the Great Recession in 2009, the economy has been chugging along with decent growth right through 3Q’17. According to a forecast by the Federal Open Market Committee released September 20, the increase in gross domestic product will drop to 2.1 percent in 2018 and 2.0 percent in 2019 so the party will continue, albeit at a slightly slower pace.
Are you and your team prepared to grow AND profit in the coming two years? Are all your “systems” optimized to take advantage of the opportunities that will come your way? No need to guess! Use the following chart with the suggested ratings to pinpoint where you’re strong and where you could stand to improve. Develop action plans to shore up any area that needs help.
Note: this exercise is best conducted with your management team. You’ll get better insights by tapping the wisdom of the team and greater buy-in for any plans you ask the team to commit to. Click here to view the checklist:
Do some work now tuning up your “growth and profit” engine and you’ll enjoy the champagne even more as you ring in 2018!