TITLE

Planning and Facilitating a Business Retreat

AUTHOR(S)
Pullen, Courtney
PUB. DATE
February 2005
SOURCE
Journal of Financial Planning;Feb2005, Vol. 18 Issue 2, p26
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article outlines common characteristics in the planning and facilitating of business retreats. To paraphrase a classic line from the E-Myth Revisited, most business owners are so busy working in their business that they don't have time to work on their business. It is crucial for the success of a business to take a step back from its daily aspects and evaluate what is working, what isn't, and where the business is going. While that makes sense conceptually, many business owners become consumed to the point that they don't take the time to think strategically about their business. At a minimum, once a year, business partners and key staff should take a day away from the office to discuss the direction of the firm. This is in addition to the owner taking his or her own time to reflect on the business. A mission statement is the foundation of the business, as well as its beacon. A mission statement should inspire everyone in the office. It describes the purpose that all employees are working toward fulfilling. A retreat facilitator should ask everyone at the retreat to describe their individual strengths as well as their likes and dislikes about their job. Ask about motivation and dreams. They should then ask the group to describe the ideal practice, a practice they would absolutely love to create and to be a part of--and a practice to which clients would be attracted. The job of the facilitator is to encourage this conversation to be as open and creative as possible.
ACCESSION #
15993310

 

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