2022 Goals: Strategic Planning, Operational Efficiency
Posted Jan 12, 2022 in Publisher's Page
December is full of traditions for many of us and one of mine is to reach out to LMT readers to learn about their business goals and priorities for the upcoming year. After the last two tough years, I was especially eager to learn more about why 60% of lab owners have an optimistic outlook for their businesses (more about that in our Wage Survey Report in February).
One reason is that many labs remained extremely busy throughout 2021; as Lab Owner Amos Harting says, “it’s kind of like the old days.” This is leading to explosive growth for many businesses in our community, such as 5280creations, Eastlake, CO, which had a 56% increase in sales last year “thanks to our reputation and word of mouth,” says Co-Owner Cindy Kelly.
Consequently, strategic planning for 2022 to capitalize on and continue that growth is the number one priority for many owners. For example, Kelly and her husband, Kevin, are having a two-day planning session...