More time, (plus smart planning), is a simple formula that creates a better lead time and rewards you with greater success. So what exactly is “lead time”?
Lead time is the careful planning and consideration that goes into the beginning of a project and allows you the opportunity to plan, organize and ask questions, so that components of your project will be met in a timely, efficient and comprehensive manner.
But best of all, a well-executed plan could even shorten the lead time which could result in higher quality of output and increased revenue.
Last minute planning leads to project stress.
Choosing not to plan and organize prior to starting a project is a guaranteed way to welcome anxiety, unnecessary questions and incomplete work. The opportunity to secure enhancements may be lost, and you might lose out on some other options that could better serve your projects’ needs. The lack of planning especially where materials are concerned, can set back the entire project months if there isn’t a well-executed plan in place.
Do Lead Times Matter?
On a scale of 1 to 10, lead time scores a 12!
Rushing to complete work on time, due to unrealistic deadlines, is a sure-fire way to make mistakes, cause stress and even create an unpleasant working environment. Give yourself and your team enough time to complete your projects in a safe and productive environment.
Allowing time to plan will result in a cohesive, successful and profitable outcome – and who doesn’t want that?
Lead the Way to Success!
Check all the boxes to make sure your next project is on the fast track to success.
- Create a plan and do your research ✔
- Partner with a trusted vendor ✔
- Effectively communicate with everyone involved ✔
- Set realistic expectations – due dates and deadlines ✔
Plan ahead, plan smart and give yourself the time you need to make your project, client and team come out ahead.