Jonathan Farrington’s Blog

It is that time of year when we should be focusing on what we want to achieve next year. Having said that, most people, and I would estimate 80%, because Pareto’s principle is always pretty accurate, will not set objectives and in failing to plan will in effect, be planning to fail.

The greatest difficulty most people have is knowing where to begin, so here are some thoughts that will hopefully assist you in constructing an achievable plan for the next twelve months and beyond.

You have to set yourself goals, become goal orientated and a goal achiever - otherwise you will drift through life like a ship without a rudder hoping to be swept into a “harbour of opportunity” Unfortunately, without a rudder, you are more likely to end up on the rocks and in later life look back in frustration: “I could have” “If only I had” etc, but by then it will be too late.

What Have You Been In The Past? Making An Honest Appraisal:

The objective of appraising your past performance, whether that is last year or your entire life is to improve and capitalise on your strengths and eliminate your weaknesses or limitations. Completing a SLOT analysis regularly will help you enormously.

The SLOT analysis can be an extremely useful technique for you to think about what you can offer relative to your external environment and helps you to take stock of your position so that you can plan your future development.

S = Strengths:

What can I do well? What are my best skills and attributes? Where do I have the greatest talent? (Try to illustrate your ideas with concrete examples.)

L = Limitations:

What am I less good at? (In which aspects of your work and personal life do you need improvement? Is the improvement needed large or small?)

O = Opportunities:

What is currently happening that can give me the opportunity for personal growth and improved performance? As technology changes and society advances what new opportunities will occur that I can take advantage of?

T = Threats:

What changes or forces may affect my current situation or act as a barrier to future development? Which people might get in the way? How could I sabotage my own development?

The Strengths and Limitations elements are personal to you. Opportunities and Threats lie in the external environment.

Use Your SLOT Analysis To:

• Identify how you can maximise the use of your strengths

• See how you can compensate for your limitations

• Identify opportunities, particularly ones that may not be immediately obvious

• If at all possible, see if threats can be turned into opportunities

What you have been in the past can only have two influences on the present – positive or negative. I believe that successful people have invisible plastic wings on their shoulders and this prevents them continually looking back: They only take good experiences forward with them, casting off disappointments, errors of judgement and unhappy times. Negative people on the other hand, do look back over their shoulder often and carry all the bad experiences forward with them in a large sack on their back. They expect the future to be very much the same as the past and it usually is – this is of course, the “Phenomenon Of Fulfilled Expectation”

And yet, ask a group of divorcees who have since re-married, if they are happier now with their new partners and you can be sure that they will be. Ask anyone who has gone through the stressful experience of redundancy and then found another job, if they are not now happier and more secure – they will be. So you see, the future really is better than the past if we choose to make it so, we have to attack the future fearlessly to achieve a better tomorrow.

“The winners in life constantly think in terms of I can, I will and I am. Losers on the other hand concentrate their waking thoughts on what they should have done or what they don’t do”. Dennis Waitley

Are you ready to start constructing your plan? How To Create An Achievable Life Plan

This week’s article on my personal site; jonathanfarrington.com takes a somewhat light hearted look at the stages we pass through in our management career: “The Four Stages Of Management” – and I have to say, I didn’t enjoy calling myself an “Elder greying guru”!!

On thejfagroup.com site, the feature is; “Are You Managing Sustained Sales Growth Efficiently, Reliably And By Design” which is a very topical subject at this time of the year.

I feel it is time to give my good friend David Bain another mention, because his weekly podcast is just getting better and better. David selects the best five articles from all of those submitted in the previous seven days, discusses them in detail, before announcing a winner. It really is an extremely polished and professional initiative and if you haven’t tuned in yet, I strongly advise you to do so: www.buildyourownbusiness.biz

I discovered another new business article site this week and submitted a few articles – they seem very professional and you might want to check them out: www.businesscurrents.net

Just one more blogging week to Christmas – have a good one! - JF

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