- Jul 26, 2016
- 2,267
- 3,646
I’ve messed up annual planning often enough to know that it’s a critical time of the year.
I hope these tips help you learn from my mistakes:
First, no plan is perfect but planning is important. The planning process can be frustrating because it’s difficult and abstract. However, thinking about the upcoming year – at least big tickets – provides structure and alignment.
Second, start with the big rocks. Don’t get lost in details but first think about the 3-8 projects or outcomes that have to land. Spend a lot of time on getting the top priority projects right because the reality is that we get a lot less done than we think.
Third, factor in a slow ramp up of organic traffic when launching new projects. Launching new pages doesn’t yield traffic right away. Ideally, take past performance to predict future performance, even though it’s not perfect.
Fourth, as a leader you need to involve your team(s) when planning. Executing a plan you weren’t part of is demotivating. Defining the goals or objectives and letting your team develop a plan to get there is a good approach. Iterate with your team through a few back-and-forth rounds of feedback to get it right.
Fifth, when you’ve created a plan, build a dashboard to track the results. What gets measured gets done.
Sixth, set up a Slack/Teams channel for each big bet to keep the conversation focused. It’s easy to get sidetracked from top priorities, which means you need to stay disciplined. A dedicated channel in your communications tool of choice forces you to only work on the top priorities.
Seventh, if maintenance, platformance, or defense work is important, make it part of the plan. Give it capacity. Too many companies don’t want to put non-incremental work on the roadmap and then miss goals because they don’t have enough capacity for incremental work.
Eight, share your plan with the executives. Upwards alignment is critical to get funding and avoid hard questions.
Ninth, share your plan with peer teams. Sideways alignment is important to get support from other teams and ensure you’re not caught off guard.
Tenth, to come up with important objectives and projects for next year, keep track of your ideas and observations during the year. Nothing makes annual planning easier than already having a list of high-potential ideas.
I hope these tips help you learn from my mistakes:
First, no plan is perfect but planning is important. The planning process can be frustrating because it’s difficult and abstract. However, thinking about the upcoming year – at least big tickets – provides structure and alignment.
Second, start with the big rocks. Don’t get lost in details but first think about the 3-8 projects or outcomes that have to land. Spend a lot of time on getting the top priority projects right because the reality is that we get a lot less done than we think.
Third, factor in a slow ramp up of organic traffic when launching new projects. Launching new pages doesn’t yield traffic right away. Ideally, take past performance to predict future performance, even though it’s not perfect.
Fourth, as a leader you need to involve your team(s) when planning. Executing a plan you weren’t part of is demotivating. Defining the goals or objectives and letting your team develop a plan to get there is a good approach. Iterate with your team through a few back-and-forth rounds of feedback to get it right.
Fifth, when you’ve created a plan, build a dashboard to track the results. What gets measured gets done.
Sixth, set up a Slack/Teams channel for each big bet to keep the conversation focused. It’s easy to get sidetracked from top priorities, which means you need to stay disciplined. A dedicated channel in your communications tool of choice forces you to only work on the top priorities.
Seventh, if maintenance, platformance, or defense work is important, make it part of the plan. Give it capacity. Too many companies don’t want to put non-incremental work on the roadmap and then miss goals because they don’t have enough capacity for incremental work.
Eight, share your plan with the executives. Upwards alignment is critical to get funding and avoid hard questions.
Ninth, share your plan with peer teams. Sideways alignment is important to get support from other teams and ensure you’re not caught off guard.
Tenth, to come up with important objectives and projects for next year, keep track of your ideas and observations during the year. Nothing makes annual planning easier than already having a list of high-potential ideas.