It’s conference time once again with many firms hosting their large summer meetings. When you attend these meetings, do you get ideas to improve your business, increase revenue, or create other efficiencies?
Most meetings actually do bring many ideas that will help improve your business. The key is having a plan to get them home with you and implement them. Oftentimes, we return to the office with good intentions to get new initiatives started, but we immediately are immersed in the day-to-day activities, and anything new goes on the back burner.
You are paying for the plane ticket, the hotel and, moreover, the time out of the office when you attend meetings. This year, develop a plan of action in advance for implementing the best one or two ideas fully upon your return.
Here is a 3 step (very simple) plan for getting those ideas into action this conference season:
1. Have a plan before you leave. Schedule a meeting for the week you return from the conference with your whole staff. Let them know what this meeting will be about and why you are holding it. Tell them you won’t be reiterating the meeting for them, but going over the best few ideas to get their feedback. Let them know that together the team will put a plan of action in place for implementation and accountability.
2. Use an Action Plan. While you are attending the meeting, carry with you a blank To-Do List where you can take the ideas and transform them immediately onto an actionable checklist. Each To-Do will have a date it should start and finish, a description of the activity, and who will be responsible. Pull out the actionable items while you are in the conference so you don’t have to go back to your pages of notes to find and decipher later.
3. Make your staff part of the process. Meet with your staff when you return and instead of making directives, ask them to be a part of the process, help you prioritize the action items, and together determine who will take the lead on each activity. Then plan to meet weekly for a few minutes moving forward to discuss progress.
If you want change in your business, the best places to pick up ideas are at your industry educational conferences. The key is taking the best ideas and putting them to work!
11 Most Read IRIS Articles of the Week!
Knowing Your Unique Selling Points Can Separate You from Other Advisors
How to Ensure Maximum Reach with Your Content Strategy
Understanding Indexed Life Illustrations
Why You Might Not Be Getting New Business The Easy Way
7 Facts That Can Destroy Your Retirement Vision
One Huge Leadership Secret to Get Innovative Ideas You Need
Is Your Financial Advisor Acting in Your Best Interests?
How to Build an Interesting News Story for Journalists and Their Readers
Nothing Sells Itself
Development2 days ago
How to Think like the Best Advisors in the Business
Research2 days ago
Reaction to Growing Number of Millionaires
Development2 days ago
Regardless of a Client’s Financial Position, Provide Them Hope
Development3 days ago
The Billion-Dollar Mindset: What Drives Top Advisors?
Equities3 days ago
How the Deficit Will Reach $40 Trillion
Strategies3 days ago
Tweeting Away Market Complacency
Strategies4 days ago
Why You Should Bet The Pot on a Trader Who Plays Poker
Development4 days ago
When Products Become Entitlements, Then People Buy!