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Tips for Successful Priority Planning

For a business to run successfully, there are many different things to take into consideration and a variety of skills you must possess and know how to use. One aspect of running a business that is both a task and a skill is the ability to prioritise business tasks. When you plan your daily tasks effectively, it will have a positive effect on many aspects of your business. Here are some tips for successful priority planning.

Deciding on your Level of Need

The first task when deciding which jobs are the highest priority and which are less important is deciding on the level of need. Ideally, you should categorise your tasks regarding short-term  and long-term goals. With regards to long-term objectives, you may need to think about the different stages of a project that need to take place to achieve the final goals. If you have clients you work with on a regular basis, good communication between the two of you can help to determine which of the jobs they have given you are of the greatest importance.

Delegate

controling your time and plan accordinglyIf your workflow increases, it may be impossible to complete all tasks yourself. You will then need to decide what are your priorities and what can be delegated to others for completion. When prioritising tasks, you will need to determine how each element of a job is allocated to different members of staff to fulfill the task within the decided time. To do this, you may need to consider the various skill sets of employees, their level of experience and what other commitments or responsibilities they are currently undertaking within their role.

Considering Negative Impacts

Another thing to take into consideration is what the negative effects of delaying a task will be in comparison to completing the work straight away. For example, if delaying a task will incur financial penalties, or you will lose the business of a client, and then these projects must be considered over others that will have few or no negative impacts on your business.

Setting a Time Frame

Time is an important factor in priority planning. You must make sure that it is reasonable and achievable to complete each of the tasks in the time that is allocated to them. To plan the time frame for each task, you must break it down into smaller sub-tasks and consider how long each of these will take and who will be responsible for completing them.

Using Resources Available

To a certain extent, resources can impact upon how you plan your priorities. Resource availability may prevent you from completing some tasks at particular times or cause a delay, so it is important to factor this into the planning process. Similarly, if you have several projects that you or your team are working on at any one time, then it is important to think sensibly about how the resources are best utilised within the team to ensure that the projects you have given the highest importance are completed first.

Priority planning is an essential part of running a successful business. By planning and strategising, your company will operate more efficiently, smoothly and productively. It will also help to improve customer satisfaction. This, in turn, can help you to increase profits and potentially expand your company.

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Additional Resources:

https://www.linkedin.com/company/priority-management-australia

http://www.icaew.com/en/archive/library/subject-gateways/business-management/strategy-and-planning/small-business-update/10-ways-to-prioritise-your-workload