Planners Make More Money

USA Today Snapshots (November 15, 2006) reports the results of a survey about companies that create a strategy for their future. 70% of those companies with a formal strategy in place report better performance than their competitors … compared with 27% of those companies without a formal strategy.

And an equally shocking result:  95% of the companies don’t tell their employees what that strategy is!  This latter statistic is confirmed by a Stephen Covey commentary.

Conclusion:  If you want to make more money, if you want to outperform your competition, create a strategy — have a business plan.  When better to create one than now!  Take time during this end of year to think about your goals and plan how to achieve those goals next year.

And, please, be sure to bring those associates and staff into the know who might be the very ones to help you achieve the goals you set out for the law firm.

Categorized in: Cash Flow - Finances