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Including Prayer, In Your Business Plan

This article is not about religion. This article is about the action of prayer and how it can lead you when your business plan appears to have fallen apart. Regardless if you have been funded or seeking funding, the first task on hand would be to pray that you make the correct decisions and take the correct actions to experience success.
Business plans and prayer, in reality, are not always in harmony. This article is to help you understand the bigger picture and how the business plan is just a small part of the equation. Often times, people say that they feel that they are cheating on their beliefs when in business.
This is an inner conflict and can, in time, cause illness, depression and ultimately failure. I am not going to lie to you and say there is a magic solution. However, what age and experience has revealed, is that you do what you need to do, within reason, to make the business work. Then you do what one of the world's top billionaires did. You double back around with your check book and make a difference in areas where you can.
After you have experienced the success, that is when your character is really tested. How do you respond to those in need? How do you help the people you passed on the way to success, good people who missed the boat? How do you help them, short of writing a check?
How do you teach people how to fish, rather than giving them one fish, which will be gone, after dinner?
This is where prayer comes in. And as funny as it may seem, this is the prayer you pray, "before" you experience the success. You pray for guidance on how to help those who are not able to help themselves.
Ok, are you confused yet?
It's like this. At some point, you will see, feel, realize and know from within, that you will experience success on a physical level. At that very moment, you start to pray for a plan to help those who are not able to help themselves. And, at the same time, you continue your faith that you already have success.
Sounds strange? It feels even stranger. It's almost like living in two worlds at the same time. One world is developing, changing and evolving and the other is beyond your reach, but totally depends on your actions.
So to understand how this works, lets back door your prayer.
A child is born in the back woods of America. Child is gifted and has been chosen to bring about a cure for a certain illness. How could this be? His father left when he found out his wife was pregnant. The mother didn't finish high school and is raising the child on a limited income.
Eighteen years later, the child takes a test and is labeled as "exceptionally gifted." Child says he want to go to medical school, but doesn't want to be a doctor. He loved science in school and entered every science fair he could find, when there was a scholarship for the registration.

Time For Business Planning

The time of the year to huddle all of your business colleagues in a room to hash out the key initiatives for the upcoming year. The time to throw everything up on the wall and try to get everything done in the first quarter. "This will be the year that all plans will be met" is the battle cry! Every vision, idea and strategy gets bantered about - shouts of "there are no bad ideas!" fill the air. The room is electric with visionaries exchanging ideas on how their idea solves all issues, yet year after year, it seems that plans never actually come to fruition.
Why is that? The intent was there; the energy was present; and ideas were flowing. That's the easy part - coming up with the ideas. The success of your planning doesn't rest on the ideas, but rather, implementing those ideas. It's true, companies need to foster innovation in their business planning, but more importantly, they need to create a business environment that enables team members to execute these ideas with an "on-time, on-budget" mindset. That is where the work begins.
I have been putting together business plans for over 25 years and it is clear to me that the strength of its core rests solely on being able to execute the plan. Each year I approach business planning as an opportunity, rather than a burden. I would rather invest the time up front in mapping out the upcoming year, than leaving it to chance to dictate my strategy. While this may force me to think strategically as well as tactically, preparing a detailed business plan in advance enables me to identify the challenges in advance of actually facing them.
So, why is business planning so crucial? In a word, it provides "clarity". Investing time to develop a plan provides precise clarification of the company vision to both employees and customers. In addition, it provides a mechanism to gauge the results of the business and provides the foundation for future growth plans. In the long haul, it enhances the company valuation through fiscal responsibility, which provides the story of opportunity to any future investor or employee. In short, the benefits of planning allow the company to articulate a common vision to align resources and make an efficient use of investment dollars. A company that is perceived to be a "well-oiled machine" is attractive on many fronts - both externally with investors and internally with employees through job satisfaction and increased tenure.
Strategic Planning & Goals: The first step is to identify the key company goals which will be the over-arching direction of the plan. These goals should be focused on three areas: financial, growth initiatives and alignment to the company's vision/mission. This provides the overall direction of the company by establishing high-level goals that will be achieved by tactical initiatives. The overall plan should be 1 to 3 years with measurement mileposts monthly, quarterly and annually. While the plan is put in place at the onset of the year, it should be constantly re-forecast with actual results throughout the year.
Developing Planning Modules: Compartmentalizing your plan by developing planning modules or "chunks" allows you to attack the plan in parts, yet still maintain a cohesive plan. I have found that developing an annual plan made up of quarterly targets - thus becoming a rolling quarterly forecast financial model - allows for a cohesive structure along with the nimbleness to react to market conditions. At the end of each quarter, a true-up process to align results to annual targets needs to be re-forecast and adjustments made.