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Embrace the New Year’s Eve Resolution concept in your Financial Year

  • Paul Schofield
  • Jul 10, 2023
  • 3 min read

It’s now mid-July and you’re halfway through the first month of the new Financial Year. Budgets have been locked in and sales & revenue targets set along with other financial and activity targets. But are your metrics too narrow in their focus? Do they a holistic and resilient measure of performance? Just like New Year resolutions, creating a "New Financial Year Resolution" can help us focus our efforts, pursue personal and professional growth, and pave the way for broader success.


Investing in Yourself for Personal Development

To kickstart your New Financial Year Resolution, make personal development a priority. Set aside time to learn new skills, plan to attend relevant workshops or conferences and enrol in relevant courses. Prioritise self-improvement, whether it's enhancing your leadership abilities, expanding your industry knowledge, or improving your communication skills. Consider taking up a coach or mentor to help you expand your experience. By investing in yourself, you'll not only benefit personally but also bring added value to your business as well as greater “job satisfaction”.


Nurturing Mind, Body, and Soul for balanced wellbeing

While focusing on business goals, it's crucial not to neglect your wellbeing. Incorporate practices that promote physical and mental wellness into your New Financial Year Resolution. This could involve establishing a regular exercise routine, practicing mindfulness or meditation, setting aside time for hobbies or relaxation, and maintaining a healthy work-life balance. Remember, a happy, healthy and energised mind and body are essential for sustained productivity and success.


Taking the Next Step with your career

Advance your career by setting ambitious yet attainable goals. Establish a clear roadmap for career progression and outline the necessary steps to reach your objectives. Remember, the next step may not be up but sideways or even just creating more depth in your current position. Identify areas where you can grow professionally, such as acquiring new certifications, seeking mentoring opportunities, or aiming for a promotion. By challenging yourself and seeking continuous improvement, you'll unlock new possibilities for success – especially if you follow a logical plan rather than leaving things to chance.


Making an Impact and Give Back to the Community

Incorporate a sense of purpose into your New Financial Year Resolution by giving back to the community. Consider partnering with a local charity, initiating a corporate social responsibility program, or organising employee volunteer activities. Contributing to causes that align with your values not only helps those in need but also fosters a positive company culture and increases the sense of purpose at work. Actively engaging with your community has so many benefits for everyone and can provide unparalleled reward!


Inject some Fun

While aiming for success, don't forget to inject some fun and enjoyment into your New Financial Year Resolution. Encourage team-building activities, celebrate achievements, and create opportunities for socialising and networking within your organization as well as with business partners/clients. Organise team events, challenges, chat groups and the like to foster a positive work environment, boost morale, and create a positive vibe. You need to plan to have fun – it doesn’t just happen all the time!


So, as the new financial year begins, seize the moment and make a commitment to achieve greatness in all aspects of your professional and personal life. By setting goals in each of these areas, you'll create a well-rounded roadmap for success, ensuring that you achieve not only business growth but also personal fulfilment.

 
 
 

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