Start Planning for 2022 Business Goals Now!

 

Start Planning for 2022 Business Goals Now!

Consider what changes you can expect in your workforce in the coming year. Some employers will continue a remote or hybrid workplace -- they need employees who will thrive in this environment. Others will be transitioning currently remote employees back to the office and need to update equipment -- and possibly replace candidates unwilling to return to the workplace. Other companies have been conducting business as usual all along and will continue to do so going forward. They may need help to keep up with safety measures as the pandemic evolves and hopefully fades.

Analyze Talent Gaps

Consider whether your current workforce will be able to keep up with your 2022 plans. If you're branching out into new product lines or ventures, you may want to start your search now to be sure you're ready. If you are uncertain what the new year may bring, consider adding temporary or contract talent to your team. It will give you the flexibility to keep up with shifting priorities or increased demand without adding to your full-time staff.

Review Compensation

Many companies raised pay rates in 2021 to attract new talent. This smart strategy can ensure you remain competitive. The question is, will your pay rates be competitive in the coming year? Will your need to bump it even higher? If your budget is tight, can you reduce other expenses or increase revenue? Remember, sales and marketing often pay for themselves. Benchmark your compensation against the competition. Adjust pay rates of veteran employees to ensure they are not earning less than inexperienced newcomers.

Consider Market Trends

No one could have planned for 2020, but it served as a wake-up call as to just how unpredictable things can be. Some trends that show no signs of abating are curbside and online shopping, sustainability and environmental consciousness as a priority, and accessibility and user experience. Overshadowing nearly every business is supply chain delays and interruptions. Review 2021 trends specific to your industry and consider whether they are likely to continue through 2022.

Start Strategic -- Get Tactical

Big-picture goals are great, but without an action plan, they're just wishes. Break large goals into smaller action items. Delegate responsibility as needed, set up metrics, milestones and timelines. Meet regularly to know you are on track.

What's on tap for 2022? New projects? Ambitious revenue growth goals?

Whether you need to fill talent gaps or make your workforce more flexible to keep up with changes in the coming year, PrideStaff can help you meet your business goals this year, next year, and beyond. Contact us today as the first step in your prosperous and successful 2022.

 

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