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Business Best Practice (2) Succeed More Often by Anticipating Problems/Preparing Backup Plans

Note: This article is an excerpt from my Having A Backup Plan Helped Me Win A
Entrepreneur's Survival Reference E-Book Speaking InvitationWhen I first started
Self-Help Manual titled "25 Avoidable out in business in early 2002, I had just
Mistakes No One Will Warn You About In finished writing my latest management
Starting Your Own Business"(in which research paper titled "Self-Development
"Failing To Prepare A Backup/Alternative As A Tool For Achieving Career
Action" is one of the 25 mistakes Advancement(A Practical Guide Based On
discussed). As a result, you will find Experience)". I recall vividly that after
that illustrations used are more relevant reading through my work on that paper, I
to persons starting up their businesses. repeatedly told my wife, brother, friends
Having said that, the ideas proferred - and all who cared to listen - that I
here can be easily adapted for use in any believed it was my best work so far. I
other business situation.Do You Have also told them I was convinced I could
Backup/Alternative Action Plans For When win the next Nigerian Institute of
Your Business Suffers Unexpected Management's (NIM's) Young Manager's
Setbacks?"One way to succeed is to work competition (I had placed fifth in the
hard at not failing by always National Finals on my debut in 1997).So I
anticipating problems before they occur" began making enquiries about the
- Peter DruckerCertain successful competition, but was told the programme
entrepreneurs are reputed to be was not yet out. Something however began
uncomfortable with "good times" i.e. when pushing me to make alternative plans to
everything appears to be going get my paper in front of the leaders of
"smoothly". According to one book I have thought in management who I believed
read, these individuals formed this habit would be able to give me useful feedback.
as a result of past experiences, when One evening I sat down and began writing
such "good times" in their businesses down the names of organisations
were followed by a string of unexpected individuals who I felt would be able to
setbacks. Their experiences apparently give me authentic and useful criticisms.
"trained them" to be sensitive to unseen People like Dr. J. Y Maiyaki, Director
but possibly impending problems or General of Center for Management
"danger". During "good times" therefore, Development, and many others.I prepared
instead of relaxing and celebrating, they letters to each of these people, and hand
quickly develop/implement strategies delivered them with a copy of the neatly
aimed at addressing the problems they spiral bound paper to their offices. My
anticipate or fears they have.Having Back objective was to use that paper to draw
Up Plans Can Help You Reduce Your attention to myself with respect to my
Frequency Of FailureHaving back up plans work on Self-Development Education. That
will not guarantee you absence of was between January and late February
failure. But it can ensure that you 2002.Some months later it became obvious
reduce the frequency of your failures, that the NIM competition would not hold,
and/or don't record avoidable failures. so I was glad I had implemented my other
In addition, the back up plans will plans. But not as glad as I was when in
enable you bounce back quickly from your August 2002, I got a visit from the
setbacks. And that is of utmost Training Manager of the Center for
importance. As most of us must have heard Management Development (CMD) who wanted
at one time or the other, it's not to know if I could meet with them for a
falling down that matters. But being able discussion, towards leading their
to get up and keep going every time you September 2002 staff seminar by
fall down is what really matters. Backup delivering my paper on Self-Development
plans will enable you do this much more Education at their main auditorium.After
easily, effectively and about 3 meetings, agreements on
frequently.Developing back up plans will honorarium to be paid, event date and
help you prepare to deal with any time, etc were reached, and on Wednesday
suggestions of delays, disappointments or 25th September 2002, I successfully
failures that might occur. It will make delivered a one-hour talk to an audience
it easier for you to keep a positive of over 100 persons including directors
outlook when things appear not to be and other staff, in the CMD's main
going well - because you will be auditorium.(Read my article titled "I
confident in the knowledge that you have Flopped Badly At The National Finals!(A
an alternative plan(s) already in True Story About How NOT To Prepare For
place.How To Develop A Backup PlanSo how Deliver An Important Presentation)" to
do you draw up your plan? Simple really. learn more how I used learnings from a
Just ask yourself questions. Imagine you botched presentation during the 1997 NIM
are not you. (It's easier than you think, national competition - that took place 5
I assure you). Just try and imagine that years BEFORE - to successfully deliver my
you're one of those "nay-sayers" or presentation at the CMD's Staff Seminar
unbelieving people who question your in 2002 without a hitch, despite a
sanity, possibly because they do not potentially destabilizing power failure
understand your business idea. Then occurrence).SummaryAside from positive
proceed to generate the kinds of verbal and written feebdack(I got back
questions(or reasons/arguments) you think over 80 of the speaker evaluation forms I
they would come up with, to prove that circulated to the audience, with an
what you want to do cannot be done.It average rating of 4 - on a scale of
might not be a bad idea to actually 1[poor] to 5[excellent]) the CMD also
approach these individuals with the sent me a letter of appreciation some
objective of deliberately getting them to weeks later. I actively used this
discuss their thoughts about your ideas successful CMD outing to gain credibilty
with you. Be smart about it. Make it look before other decision makers including: a
natural - start a conversation and Management Consultant who would later
gradually steer it to the subject you invite me as a paid External Speaker to
want them to comment upon.Very often I deliver a paper I titled "Interpersonal
have found people like this especially Effectiveness(A Real-World Relevant
eager, and they relish the opportunity to Approach") - based on my experiences in
tell you why they are right and you are paid employment - to management trainees
wrong to try doing it the way you intend. just recruited into a leading fast foods
Never mind all that, just "record" all company located in Lagos.Did I achieve my
you can and then withdraw to generate objective of getting myself and my work
action plans that will help you noticed/acknowledged by leaders of
effectively ensure that those reasons thought in my niche or area? Yes I did.
they've given/questions they've raised, But I had to pro-actively develop(based
can be effectively addressed through the on actively observing trends of events,
action plan you will develop.Next, decide and considering their possible
on the order in which you will implement implications) and implement an
items in the action plan you have come up alternative plan in place of the one I
with. Then commence doing so. As things had originally started out with. Be
progress, depending on your judgment of prepared to do that when(NOT if) the need
whether or not the plan you are working arises.Self-Development/Performance
is doing well, you can then initiate Enhancement Specialist - Tayo Solagbade -
implementation of other plans. You will works as a Multipreneur, helping
find that some of your plans will require individuals/businesses develop and
you to seek assistance of certain implement strategies to achieve their
individuals at short notice. If possible goals, faster and more profitably.To get
plan ahead and hint them that you might more useful Tips, Information And News
need them. Members of your mastermind that can help you do what you do more
alliance(especially those who do NOT take successfully, visit to subscribe to
setbacks or problems too seriously) could Tayo's "Five(5) Minute Read" Performance
prove useful in these circumstances.How Enhancement Newsletter.




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