At Partners in Profit, we believe that intentional planning is one of the most powerful tools for scaling a private practice. That’s why we’re excited to share Dr. Chad Fleming’s latest appearance on The Optometry Money Podcast, where he discusses how dedicating time to strategic planning has helped him reduce chaos, improve leadership, and increase profitability in his practice.
The Importance of Strategic Planning
During his conversation with Evon Mendrin, Dr. Fleming shares how setting aside dedicated time each year for a strategic planning week has allowed him to focus on the big picture and make intentional, data-driven decisions that impact long-term growth.
Key discussion points include:
- Scaling vs. Growth – Understanding the key differences and why scaling might be the smarter goal for private practices.
- Working ON vs. IN Your Business – Why stepping away from daily operations to plan strategically is crucial for sustainable success.
- Avoiding the Pitfalls of Reactive Leadership – Without intentional planning time, practices can fall into disorganized, short-term thinking that limits growth and efficiency.
How to Execute a Strategic Planning Week
Dr. Fleming provides a step-by-step breakdown of how to create and implement a productive planning getaway, including:
- How his annual strategic week helps him plan, lead, and reduce turnover.
- Choosing the right location and preparing resources for a focused and distraction-free planning retreat.
- Tracking key performance indicators (KPIs) to measure success and keep the practice on track.
- Implementing and executing strategic ideas once you return to daily operations.
Listen to the Full Episode
If you’re a private practice owner looking to streamline operations, improve leadership, and scale smartly, this episode is packed with actionable insights to help you make the most of your strategic planning efforts.
For more expert guidance, you can reach out to Chad directly at chad@pipgpo.com or explore Partners in Profit for proven strategies tailored to independent optometry practices.
At Partners in Profit, we are committed to helping private practice ODs build sustainable, profitable, and patient-focused businesses. Stay tuned for more expert insights and strategies to elevate your practice!