Regroup - How To Do It And Why It Works

Regroup?is this a new management trend? Not a chance! Regroup is simply an opportunity to end one month's business cycle, recap the performance of your company and outline a plan of success for the new upcoming month. Why does it work? Because it allows each person on your team to assess their performance from the previous month, and make any necessary adjustments for the new month. Here's how it works:

Scheduling and preparing regroup: Regroup should be scheduled during the slowest time of each month and should start early in the morning, if possible. A solid and productive regroup takes about two hours and will require about one hour of preparation. Be certain to have a blank chalkboard or a standing easel for taking notes and keep distractions to a minimum. Regroup is also a time to build on the creative ideas from each person on your team, so make regroup a special part of each month and allow everyone to have equal time to share their feedback. Simply stated, there are no wrong questions or topics discussed at regroup and your team will respect and respond positively to this freedom.

Tip From the Coach: As the executive/owner of your company, it is critical for you to attend regroup and actively participate in them. Your preparation for each regroup should begin by reviewing the agenda from the previous month, to assess if the to-do list from last regroup was accomplished. Then, review your new regroup agenda making certain your gameplan is consistent with your company goals and expectations.

Running the meeting: The agenda for each month's regroup should begin by reviewing the financial information important to your company. This might include "actual" revenue/income versus budget performance, customer/client retention percentages, collection issues or expense performance versus the budget. Then, address any problems experienced during the past month or any upcoming issues that will impact your business. Next, map a calendar of activities to develop new revenue opportunities. This might include a monthly event to thrill your customers/clients, a new marketing plan, or a special focus on your new large prospects. This part of regroup is where the creativity of your team really starts to roll and if you listen closely, you will hear many "golden" ideas. Lastly, recap the team goals for the new month and close each regroup on a positive note!

Tip From the Coach: As the executive/owner of your company, take detailed notes during regroup, then send a brief memo to your team recapping the day and include a to-do list for the upcoming month.

Meeting individually with your team: At the close of each regroup, plan to spend another thirty minutes more with your manager to recap the day, cheer their success, and discuss the specific performance of each individual they manage. During this meeting ask your manager if he/she needs any additional support or training to develop their skills or the skills of their team. This is the most important part of regroup as time spent developing your team for future opportunity, will make for pro-active management. This means you always have team members ready to be promoted to the next position.

Tip From the Coach: In the same spirit of the individual meeting you have with your manager, ask him/her to have a similar meeting with each member of his or her team. This will help to grow their skills as a leader and you will want to attend the first few meetings to be certain the agenda for the individual meetings are exactly as you expect. In fact, as an executive/owner, always "inspect what you expect". A good rule of thumb!

Want to learn more about running a regroup meeting? Fax a note on your letterhead to 435-615-8670 or send an E-mail to ernest@powerhour.com and The Coach will fax/E-mail you a free TeleForum invitation. During this call we will discuss how to implement the steps in this article.

Author's note: Ernest F. Oriente, The Coach, is the founder of PowerHour® a professional business coaching/recruiting service and the author of SmartMatch Alliances?. He has spent 17,500 hours [since 1995] delivering customized training, by telephone, in leadership, traditional/Internet marketing and sales for fast growing sales companies and entrepreneurial businesses worldwide. PowerHour® specializes in global distance learning by telephone, using their state-of-the-art conference call system for interactive and dynamic TeleForums. Twice-monthly TeleForums link 10-100 executives/professionals/individuals who are geographically dispersed, in a time efficient and profitable format.

PowerHour® is based in Olympic-town?Park City, Utah, at 435-615-8486, by E-mail ernest@powerhour.com or visit their TeleForum website: http://www.powerhour.com. To receive a FREE success newsletter, with subscribers in 74 countries, send an E-mail to: ernest@powerhour.com. Recent PowerHour® articles have appeared in 4000+ business/trade publications and websites.

---

Breaking the Growth Barriers in the Information Technology and Software Sector

There's nothing automatic about corporate growth, particularly in the information... Read More

Laying It Out On Paper

You might be thinking to yourself, "Why should I waste... Read More

Are You Ready To Go International?

Although North Americans were the dominant population on the Internet,... Read More

25 Ways To Find Companies To Buy

When you start your program to purchase your "ideal" company,... Read More

SWOT Analysis Is No Magic 8 Ball

Q: A key investor in my business has suggested that... Read More

Business Results - Four Critical Success Factors

Scenario OneDuring a recent presentation, a business owner was given... Read More

Changing Strategy Without Losing Your Customers - Three Vital Steps to Refining Your Strategy

American Eagle Outfitters and Wet Seal Stores have issued statements... Read More

Don?t Allow Yourself to Get Burned

I am not a big fisherman, but I do enjoy... Read More

The Magic Of Exponential Business Growth

Is there a 'magical' way to exponentially grow your business?It's... Read More

What is a Shared Vision?

So what makes a vision successful? Everyday companies try to... Read More

Content Management: Wise Investment for Business Prosperity

The time when a website was just a simple set... Read More

Water Conservation and Water Issues for Mobile Car Washers and Auto Detailers

Obviously, there will never be an actual water shortage since... Read More

Have You Identified the Enemy?

One of the most powerful driving forces in human nature... Read More

A Rough Cut on Feasibility

A piano tuner recently moved to Buffalo, NY, and would... Read More

Why 9 in 10 Businesses are Overspending on Day-to-day Expenses

Experts estimate that 90 percent of Australian businesses are overspending... Read More

Benefiting from Strategic Thinking

I recently took an organizational behavior class where my professor... Read More

Business Plan 101 How to Write a Table of Contents

No matter what business you plan to start in your... Read More

Six Key Principles of Corporate Accountability

The foundation of any business transaction is the promise of... Read More

Strategic Acquisition Strategies for Small Businesses

Growth through acquisition should not be considered an option reserved... Read More

Getting Started with Succession Planning: Part II

Succession planning requires the owner of a small or medium-sized... Read More

Legal Strategies in Business Plans

Writing a Business Plan these days is tough, venture capitalists... Read More

Do You Have A Customer Identity Crisis?

The trick is to determine what uniquely identifies your best... Read More

Planning for Success

Business planning is widely acknowledged as one of the keys... Read More

Will and Vision

Remember Chux? The disposable diaper that took the market by... Read More

Mining Market Data

With a heightened awareness of opportunity, ideas can often be... Read More

The Impact of Price Popularity on Profits

The goal of almost every business owner is to generate... Read More

What is Your MSP?

For many consumers and producers, MSP is an acronym for... Read More

Strategy Without Tactics is Futile

From time to time there seems to be a flurry... Read More

Family and Friends Referrals Make the Best Franchisees

As a franchisor it is imperative that you seek, find... Read More

How to Develop a Successful Board of Advisors (...and Why You Should!)

In today's rapidly changing and highly competitive markets, many privately... Read More

Mastermind Your Way to Success

What do Mark Victor Hansen, Robert Allen, Anthony Robbins, Andrew... Read More

Creating a Vision That Achieves Results

How important is a vision statement to your company or... Read More

Art of Succession Planning

Succession planning, like any business acumen, is both an art... Read More