SimonStapleton.com

End Of Year Tasks That Will Boost Your Future

Estimated reading time: 2 mins

As you can tell by all the tinsel, all the flashing fairy lights and all the inflatable Santa’s stuck to storefronts, another year is almost done and dusted. Hopefully, it has been a prosperous one full of ticks next to annual goals and revenue figures that will keep your bank manager smiling.

However, before you settle into a couple of weeks of total relaxation, there are a few little tasks that are well worth doing before the loud crash of fireworks ring out on New Year’s Eve and January 1st gets underway. Trust us, you’ll be glad you did these now because, if nothing else, they will help you get next year off to a flying start, and that momentum will make the following months a lot more productive.

Accounting Requires Some Attention

This is the time to tie up any unanswered questions and loop and swoop any loose ends. Go through your expenses one more time, make sure everything is entered properly, make sure you aren’t leaking money anywhere, check any anomalies or uncertainties and, basically, make sure everything is in order so that you can a) file accurate tax returns and b) better understand your company’s performance over the past twelve months.

Performance Needs A Thorough Review

With your financials done, dusted and checked, it is a wise idea to run through the facts and figures to see just how your company performed. Sit down with your accountant and look at the revenue generated, whether that be done by department, by client, by salesperson or whatever suits your business. It is also worth getting in touch with the people at http://www.xeretec.co.uk/services/print-audit and finding out how your organisation used its devices. The world has gone more and more tech-obsessed and knowing just how your tech was used will help you understand your performance better. Once you have done all of this, compare it to the goals you set out at the start of the year, see how it compared and work out what needs to be altered to make the coming year better.

Review Each Of Your Employees

Before we delve into this, we need to say that annual reviews only work if your employees are receiving additional feedback frequently throughout the year. Otherwise, the outcome will be negative. Nonetheless, having a big performance review at the end of the year is an essential. To make sure it is worth everyone’s time (and sanity), however, you need to measure their performances and accomplishments against very specific, unique and quantifiable goals. If you didn’t set these earlier in the year, by all means still hold a review, but know that it can only be done in a qualitative way.

Don’t Forget To Review Yourself Too

No one’s performance needs more attention than your own. You are the business leader. You are the one leading the rest, the person that makes the final decision, that steers the ship, that motivates and secures success. So, how did you do? Did you achieve your goals? Did you attend as many seminars as you said you would, or watch as many TED Talks as you promised, or read those books you found on https://www.inc.com/christina-desmarais/ and subsequently added to your Amazon basket? By knowing where you succeeded, where you grew and where there is room for work, you will have a better platform to work from at the start of next year.

 

About the author /


Simon is a creative and passionate business leader dedicated to having fun in the pursuit of high performance and personal development. He is co-founder of Applied Change, a Business Change consultancy based in the UK. Simon is also an Ambassador for Gloucestershire business. Simon is an Associate Member of the Chartered Institute of Professional Development.

Post your comments

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Affiliate Promotion

simonstapleton.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Amazon, the Amazon logo, AmazonSupply, and the AmazonSupply logo are trademarks of Amazon.com, Inc. or its affiliates.

Polls

When answering Employee surveys, do you always answer completely honestly?

View Results

Loading ... Loading ...
SimonStapleton.com located at Watledge , Stroud, UK . Reviewed by 18,205 readers rated: 9.8 / 10
My latest book: ACE Your Performance Appraisal$4.99 on
How Am I Doing?

Did this discussion solve your problem?

Then please rate this post or leave a comment.