Leadership Traige

Traige: The Concise Oxford Dictionary defines the word triage as the assignment of degrees of urgency when deciding the order of treatment of wounded.

Fundamentals of Annual Triage

Annual Traige Planning
Define or Reconfirm corporate mission Set measurable and Attainable goals Assign specific actions with responsibilities completion dates and

CONDUCT AN ANNUAL PLANNING PROCESS

Business plans must be an annual affair. Without them, leaders have no objective mechanism to identify goals and action plans for implementation. Without a plan, success will come only by chance, and failure is a matter of time.

Phases of Business Life

Start up Survival Sustained Profitability Growth Continued sustained profitability

Define your corporate mission

Business plans are composed of three pillars: mission statements, specific functional goals, detailed action plans

COMMIT ONLY TO ATTAINABLE AND MEASURABLE GOALS

In any successful business plan, goals must be both attainable and measurable. The statement "we will maximize profit,"

COMMIT ONLY TO SPECIFIC ACTIONS WITH RESPONSIBILITIES AND COMPLETION DATES ASSIGNED
Morsels of success are accomplished with action plans individual milestones to be achieved if goals are to be achieved. Although each goal must have at least one action plan assigned to it, most have more than one. Without actions, a goal is nothing more than a wish with nothing to propel it. Action plans are always the means, goals the end.