Strategic Forward Planning for 2024

If you want to get ahead of the curve, and want to look to what your future financial capabilities are, start your strategic forward planning for 2025 now!

But 2024 just started! And that’s ok.

Forward planning is about making a shift in your mindset from analyzing past performances with hindsight vision to getting creative with where you want to be and making plans for your future needs and events.

One of the biggest objectives with strategic forward planning is to keep the uncertainties to a minimum like revenue losses.

A strategic forward plan takes into account opportunities for development and growth; as well as uncertainties and potential setbacks.

The three main components to work on for strategic forward planning is:

• Forecast potential roadblocks
• Contributions to growth
• Priorities actions required to achieve specific objectives

Setting specific goals and objectives today, will lead to a brighter future tomorrow.

Just make sure that your forward thinking into the future has a set period of time to it. Think one year or less. This will be easier for you to stay on track in meeting goals and objectives. Make sure you follow your timeline, do your action items and stay accountable.

The vital role with strategic forward planning is to have the plan on paper to ensure that you follow the road map in place to guide you towards your goals. That’s not to say you won’t be making a few changes along the way, but it will give you the framework you need to keep moving forward.

If you need help finding the right path for your forward planning, call Jim Rooney at Advanced Insurance Concepts. He works with a variety of insurance companies in Missouri and Kansas. He is licensed to sell Health, Life and Accident Insurance, so call Jim Rooney for all your insurance needs.