5 Things Your Company Should be Doing to Prepare for 2020

Within a few weeks, 2019 will come to a close, and 2020 will begin. Often, the transition signals a time for reflection as well as planning for the future.

However, it’s common for companies to get distracted. They may be worrying about their fourth-quarter results or be buried in employee reviews. But, if you fail to make time for preparation, you might not start 2020 off on the right foot. As a result, making time for planning is critical. If you want to make sure you are ready for 2020, here are five things you need to do.

1. Define Your Goals

The business equivalent of a New Year’s resolution is setting company goals. Reexamine your current organizational mission and situation. Then, determine what progress you’d like to see over the next 12 months.

As you craft your objectives, make sure they are well-defined and measurable. Ambiguity is never good when you are setting goals, so aim for specificity. Quantify them whenever possible and identify the associated KPIs. That way, you can monitor your progress with greater ease in 2020.

2. Make Time for Recognition

If you want to encourage your team to excel during the next year, make time for recognition. Employees who feel underappreciated typically underperform in comparison to those who genuinely believe that their work is seen and valued. As a result, recognizing what they do to help your company thrive is essential.

Offer your team praise for a recent accomplishment and show your gratitude for their daily efforts. Even small gestures can be incredibly motivating, so don’t underestimate the power of a sincere thank you.

3. Budget for Training

Many companies are battling skill gaps while simultaneously struggling to find outside talent who can bring what they need to the table. As a result, a different approach is necessary. By investing in training for your team, you can upskill your existing employees. This allows you to cultivate your ideal team based on your specific needs, ensuring gaps are closed efficiently.

4. Get Organized

Spending time getting organized is always a smart idea. Whether that’s handling filing that’s been piling up, blocking out time on your calendar for upcoming activities, or anything else in that vein, you are setting yourself up for success by handling it now.

5. Make a Hiring Plan

During the holidays, it’s normal for recruitment and hiring to sit on the backburner. Often, companies are dealing with other year-end priorities or simply have trouble coordinating schedules due to vacations.

However, by making a hiring plan now, you can make sure that you are able to proceed quickly once the holidays are over. Consider what kind of talent you’ll need immediately as well as throughout the year. That way, you can launch the right recruitment strategies at the proper time, increasing your odds of success.

If you need to enhance your team to make sure you are ready for 2020, the professionals at Apogee Managed Solutions can help. Contact us to learn more about our recruitment services today and see how our hiring expertise can benefit you.

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