Get Energised About Your Company's Annual Planning Session

By Mike Kotsis on June 22, 2018

Did you know that the most important part of your annual planning session isn't planning? If you're like many companies, your leadership team skips the most critical component of your annual planning. And it negatively impacts your team's creativity and goal setting for the coming year.

Business leaders of entrepreneurial companies are so hard-charging, so busy, and so overwhelmed, that they tend to see only the gaps ahead of them. These are the goals, ideals, and accomplishments they haven't reached yet. When you're feeling overworked from the previous year and start looking at all the gaps you have yet to cover, it can put you into the wrong frame of mind for moving forward.

If this sounds familiar, there's an easy way out of this mental trap. And it's guaranteed to energise your leadership team with renewed creativity. Before you do any planning for the future, look back on the past.

Look Backwards to Move Forward

When EOS Implementers facilitate annual planning sessions for our clients, we always ask the leadership team to reflect on their great accomplishments over the past year.

  • The top three things for the company
  • The top thing personally
  • Any unexpected greats – things that weren't planned for, but turned out to be great
This exercise is critical for your leadership team, because it helps you to see how far along you've come in just a year. When everyone on the leadership team shares those successes around the room, it sheds new light on the state of the organisation.
  • It reinforces how terrific specific accomplishments were
  • Different people think of things that others don't think of

Without doing this, your leadership team may slouch into the session feeling like your company still hasn't "arrived" yet. They may be feeling overwhelmed, discouraged, or weighed down with all the ground you have yet to cover. But after reviewing the Three Greats, they're more likely to say, "Wow, we really did accomplish a lot in one year!" And now they're in a better frame of mind to think creatively.

A 180-Degree Turnaround

One client with a five-person leadership team started their annual planning. Several leaders were feeling stressed and agitated at the beginning of the day. They felt like they just didn't get much done in the past year. But when we reflected on their best news, they realised they had some major successes to celebrate.

  • They had opened up two new locations.
  • They changed two members of the leadership team and became more effective as a result.
  • They opened up a new manufacturing facility.
  • Their retail sales and profits broke company records.

All in just one year!

Hearing and reviewing all that news (plus much more) helped them to see how far along they had come in the past year – even though there was still more they wanted to accomplish. And in a growing company, you always want to accomplish more.

It also helped them to celebrate the progress they'd made. When you're in a frustrated or stressed state of mind, it shuts down your ability to creatively look at the business. You come in with a mindset of anxiety and fear. But when you review all the good news of the previous year, you change that mindset, and your energy moves from stressed to excited.

Get Excited About Annual Planning

When you make that shift, your team becomes more creative. More ideas start flowing, and you end up with a better plan at the end of the day.

Are you heading into your company's annual planning session? Get your business moving forward faster, and get your leaders to focus on celebrating progress instead of seeing only gaps. Look backward to take your business forward into the next year.

Next Steps

  • Need help facilitating your EOS sessions? Request a free 90-Minute Meeting with a Professional EOS Implementer.
  • Read all five books in the Traction Library to learn more about the EOS Process and how it can help you get more of what you want from your business.


This post originally appeared on the GPS For Small Business Blog and EOS Worldwide