Tax Checklist
2021 - Tax Checklist
To assist in completing your tax return, we have a checklist that will help you with what you need to provide us. Find out more
Virtual Tour
- Virtual Tour
Take a tour and explore our office Find out more

Get strategy at the heart of your successful business


Businesses that have clear objectives or goals, robust accountability and a shares sense of purpose should always outperform those that just show up and go through the motions.

Strategy lies at the heart most successful businesses.  To achieve this you need to resource and execute with purpose.  Few businesses have a strategic plan or a robust planning process.  Changing this situation should be a top priority!  Here are two top tips for business owners.

1.  Process creates the plan
Getting strategy at the heart of your success will require you to carve out some time, get a process started, and shake things up.  There is no better time to review and tweak your business model, future-proof compelling services, and to get your strategic building blocks in place.

Just as every good strategy has key elements, every good plan needs a step-by-step process.  In fact, the process is often just as important as the plan itself.  A strategic planning retreat with your core team is a great way to start the process - find a spot offsite to get the creative juices flowing such as a beach, a park, or vineyard, and set an agenda.

2.  Key elements of an effective strategy
The key elements in a good strategy normally incorporate:

  • Vision - this is a statement that identifies what a company would like to achieve or accomplish.
  • Values - these are the fundamental beliefs upon which your business and its behaviour are based.  They are the guiding principles that your business uses to manage its internal affairs as well as its relationship with customers.
  • Objectives - short term, long terms.  These should be SMART (specific, measurable, achievable, realistic and timebound).
  • KPIs - stands for Key Performance Indicators.  These are measurable values that demonstrate how effectively a company is achieving key business objectives.
  • Actions - what needs to be done to meet the objectives?  Make this simple and clear.
  • Owners - delegating tasks to specific owners to ensure follow through and accountability.
  • Deadlines - when your actions will be complete to ensure you make progress.

It doesn't need to be much more complicated than that, but do invest the time and effort in doing this right.  A proactive, value-add strategic model will need fresh thinking, debate, research, and open conversations.  Enjoy and embrace the process and you should end up with a good outcome.

Great planning requires a guide, facilitator, and/or professional expertise to be as robust as possible.  We can help your business and guide you through the steps.

Back to Article & Guides


Sign Newsletter
What our clients say...
  • "Maclean Partners are very knowledgeable accountants who are always attentive and keen to learn more about how to improve our business. John and his team offer sound advice about tax and general accounting, as well as helping structure and manage the financial aspects of the business to our advantage". - Read more
    - Tony Pascoe, NQ Foot and Ankle
  • "We've worked so hard over the past 10 years to get the business to where it is and sometimes you can't see the forest from the trees. Thanks to the Maclean Partners and the 90 Day Business Challenge, I found each module so helpful and the self-paced online aspect combined with the face to face coaching and workshops worked really well for us. - Read more
    - Nelly Evans,Powdercoat Select
  • "Nelly (my wife) told me she had signed up for some business training and I told her it was a waste of time and money. I wasn't interested in doing it at all because both our businesses are firing on all cylinders, but to show her support, I went along to the first workshop and I was impressed. Nelly and I have been doing a lot of talking, but we realised that we never had the right mindset to take action. - Read more
    - Glenn Evans, The Fencing Factory
Logo Logo Logo Logo Logo Logo