Saturday, December 4, 2010

Planning for the new year

SWOT-Analysis-ChineseImage via Wikipedia
Every year at the month of December our agency Excel Millennium Planning & Advisory will do a annual planning for the new year next year 2011. We will do a S.W.O.T analysis on our Strengths, Weaknesses, Opportunities and Threats. We will go to D.OM.E. analysis also. Diagnosis where we are now. What is our Objective next year. The Method of achieving our objectives and Evaluations of where we are as we progress along.
MAA Assurance will also hold a budget meeting for us to pledge our commitment to the company. We will do a budget target on how much sales and income we want to achieve, earn next year. From our budget meeting , it will be transfer to actions plan of what we need to do to achieve our objectives. It will be breakdown into every quarter and then into every monthly budget. It is then possible to check if you have managed to adhere to the budgeted amounts First Year Premium (FYP) each month. If not , then adjustments can be make quickly to recover any shortfalls. From the planning process and budgeting, various insurance products such as Super Fortune Plan an Ordinary Life plan, MaaxCombo a Investment Link plan , Medical insurance ML210 , Critical Illness and Personal Accidents EVO110  portfolios are also taken into consideration of what we want to achieve. A plan in place is better than no plan at all. When January comes, we will have a clear financial resolutions for 2011. We will have a good start and usually MAA assurance will throw us a challenge for a fast start in 2011. This year MAA reward us with a trip to Shenzen and Zhuhai for those who achieve the fast start target. Lets make 2011 a wonderful year to achieve our Dreams. 
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