personal annual planning framework
Post on 26-Aug-2014
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Personal Annual Planning Framework Hisun Kim @uxhisun Ryan Krems @kremsr
Who we are + Caveats • We are wife and husband who care deeply about life’s
priorities and living them to the fullest • So we started looking into ways to remind us what
matters most to us and how to achieve them most efficiently & enjoyably
• Two-MBA household (though also designer & engineer)
= planning-obsessive and measurement-driven • Start-uppers following Lean Startup (build-measure-
learn) paradigm = plan quick & get to action • We are still tinkering the framework. Pick only the things
that work for you & modify others.
Why personal planning? • Feeling of ownership with life’s priorities • Understand our own desires and aspirations • Evaluate current standings • Take challenges with our own pace • Big bonding experience among family members (shared
goals, everyone pitches in)
FRAMEWORK: Where we are
Warming-up: simple recap • Top 10 events of the past
year • Travels each individual
took throughout the year • Nominate Good/Bad/Out-
of-whack of the year • Any celebrations to make
toast for
Spider map gut check • Gut-check current
status of life balance for each participant
• N axes to represent things important to you
• Rank how you feel about each axis this year 0 – 10
• Any dent = areas you are not balanced well
• Overlay past years’ spider maps to see the changes over time
Past year plan evaluation
Professional recap • List out professional achievement of the year • Take time to update resume and LinkedIn • Gather portfolio material
Financial review • Assets / debts – list out all assets/debts and their values • Expenses – check expenses of the year (or any big
chunks) • Investments – how they are doing, rebalancing needed? • Tools to utilize
o Mint.com o Zillow.com (house market value) o Kbb.com (car market value)
FRAMEWORK: Where we want to be
Roadmap of the future
• Future resume / future press release about yourself or your achievement
• 5 / 10 / 15 year map • Yearly markers
Personal branding • Write down 10 adjectives that
you want to be described with, by others
• One adjective on each sticky note
• After throwing all on the wall, group them with affinity
• Summarize the branding in a sentence
• Compare among participants
What’s-in-your-mind map
FRAMEWORK: How to get there
M.O.S.T.
• Mission • Objective • Strategy • Tactics
New year’s resolutions • Brainstorm what’s important next year to bring you closer
o to the personal branding o to the road map of future
• Pick a mission for the year, 5-7 objectives for the mission, strategies and tactics for each objective
• SMART goals from strategies and tactics o Specific o Measurable o Attainable o Relevant o Time-bound
How to keep on track • Pre-determined check points • Scorecard • Checkboxes • Measure progress • (We are still struggling with how to keep ourselves on
track. Please share back what works for you)
Wrap-up
Tips to make it more enjoyable • Make things quantifiable, measure and visualize it –
seeing it is believing in it • Make the workshop special time & put yourself in the
different frame of mind o Book a get-away o Make an enjoyable ritual associated with it o Throw in wine/beer/coffee whatever bev of your choice
• Use lots of colorful sticky notes, color pens, whiteboards, etc – make them tangible & fun
• Involve everyone in the household. Complete buy-in is needed
• Choose only the methods that work for you & modify
Lessons learned • True value of planning workshops comes in from the 2nd
year o Review of the past year’s planning o Overlay years’ accumulation o Changes and how to address them
• Have to attach actions for each goal and make it measurable
• Attention span during the planning doesn’t go more than 2~2.5 hours for two adults o maybe less for more people or family with kids
• Follow up with pre-scheduled check points!
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