The Best Laid Plans…

Pandemic. Layoffs. Inflation. Bank failures. Could we have planned for these? Why bother making a model if we have to throw it out six months later and start again?

Founders face a lot of challenges — internal and external — and not all of them can be planned for. Yet, I still advise them to do the planning exercise. It has many benefits: keeping the leadership team (and therefore their teams) focused and aligned, providing a structured way to measure progress internally and share it externally, and driving productivity, to name a few.

What could that plan look like? It depends on the stage of your company; you might benefit from a simple pro forma to organize your financial projections, or you might want to start high-level with a goal-setting framework like Objectives and Key Results (OKRs), or maybe you want a thought partner in exploring a scenario analysis.

Reach out below if we can help you and your team plan better in this uncertain world.