Quarterly Planning: Reflecting on Q1 & Q2

May is upon us, which means it’s time to start quarterly planning. You probably have an idea for what you want Q3 & Q4 to look like; you may have a list of goals for the second half of the year. To achieve these goals for Q3 & Q4, you must first reflect on the first half of the year and its takeaways. Floro Business Strategies breaks down quarterly planning and evaluation from a growth mindset:

What is a Growth Mindset?

People with a growth mindset embrace the attitude that their skills and abilities can be developed through dedication, hard work, and innovation. People with a growth mindset acknowledge that there is always room for improvement. People with a growth mindset do not simply settle for good but strive for excellence.

Approaching quarterly planning with a growth mindset will support improved processes, increase productivity, and ensure organizational success for years to come.

Reflecting on Q1 & Q2

As we prepare for Q3 & Q4 and begin planning for success, we must reflect. You cannot ensure success and growth without acknowledging what did and didn’t work the first half of the year.

Here are a few questions to ask yourself about Q1 & Q2:

• What were your major successes?
• What did you learn?
• What can be done differently July-December?  
• What new processes, approaches, or habits served you well in Q1 & Q2? What processes, approaches, or habits proved to be inefficient?
• Did you face any major obstacles or challenges? How did you overcome these challenges? How would you overcome these challenges if they arise again in the future?

Planning for Q3 & Q4

Now that you have reflected on Q1 & Q2 from a growth mindset, you can create clear goals and objectives for July-December. Here are a few questions to ask yourself as you strive for success in the coming months:

• What do you wish to achieve in July-December? Of these goals, what are your top priorities? Do you have a timeline for each goal?
• What skills or approaches are required to achieve these goals? Is additional training necessary to acquire new skills?
• Do all employees and departments have a clear understanding of their individual objectives and how their roles contribute to organizational success?
• What were your greatest takeaways from Q1 & Q2 reflection? What successful approaches do you plan to implement moving forward? What inefficient processes are you leaving behind? 

At Floro Business Strategies, we specialize in business alignment and strategic planning. Interested in learning more? Contact one of our seasoned professionals today!

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