Planning a retreat?

By Danny Haydon, Chairman/Principal

1 January 2023 updated 3 September 2024

Retreat: what does it really mean in business?

The word "retreat" projects images of turning around and running away from the challenges or adversity we face. The definition of retreat is the act of moving back or withdrawing. In business, the purpose of a planning retreat is contrary to this definition. Focusing on future success should be the key objective of a productive retreat. Most importantly, to redefine priorities and goals for the period ahead. As we herald the new year in, our focus is often on planning, so we ask the question:

What is the importance of having a retreat?

We believe that planning a retreat is an essential discipline for working on the business, not just in the business. It is an opportunity to take a step back from the busyness of work commitments and deadlines, to take stock of the current state of the business, and to consider the challenges and opportunities that lay ahead. Consider doing a SWOT or competitor analysis. Learn more about the 5 key business elements for a competitive advantage as we discuss how one small planning task could leverage your business to gain a competitive advantage.

The fluidity of the economic environment makes it even more essential to take stock, to think strategically, and to act strategically. It also helps to identify and understand whatever challenges are ahead so that they can be leveraged and converted into business opportunities.  

How committed is Brentnalls SA to the idea of a planning retreat?

Brentnalls SA holds a planning retreat every year. We believe that it is an essential business discipline that ensures Brentnalls SA is steering in the right direction. The significant investment of time and effort involved is rewarded by the alignment of collective effort, improved teamwork, and productivity, all of which enable the effective execution of our plans and the delivery of the outcomes that we aspire to achieve. 

Disclaimer

The information provided in this article does not constitute advice. The information is of a general nature only and does not take into account your individual situation. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you contact Brentnalls SA before making any decision to discuss your particular requirements or circumstances.