New Business Development Prioritization Template

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In the competitive electrical and industrial supplies industry, timely execution of critical tasks is essential for business growth. This template helps you identify and prioritize urgent and important tasks related to new business development using the Eisenhower method.

By following this structured approach, you can ensure that key tasks are executed on time, leading to faster business growth and improved project outcomes.

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New Business Development Prioritization for Priority Matrix

New Business Development Prioritization in Priority Matrix

Prioritize new business development tasks using the Eisenhower method to ensure timely execution and faster growth.

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Proposed Tasks

Important, Urgent

  • Task 1 due in 1 day: Evaluate potential clients
    ☐ Identify potential clients ☐ Research their needs ☐ Evaluate their potential value
  • Task 2 due in 1 week: Develop a pitch for a potential client
    ☐ Research the client's needs ☐ Develop a customized pitch
  • Task 3 due in 2 weeks: Schedule meetings with potential clients
    ☐ Reach out to potential clients ☐ Schedule meetings
  • Task 5 due in 1 month: Follow up with potential clients
    ☐ Follow up with potential clients ☐ Address their questions and concerns
  • Task 6 due in 5 weeks: Negotiate contract terms with a potential client
    ☐ Discuss contract terms ☐ Negotiate favorable terms
  • Task 7 due in 6 weeks: Sign contract with a new client
    ☐ Finalize contract terms ☐ Sign contract

Important, Not Urgent

  • Task 4 due in 3 weeks: Prepare a project proposal for a potential client
    ☐ Identify client's needs ☐ Prepare a detailed project proposal
  • Task 8 due in 2 months: Develop a new product line
    ☐ Identify market needs ☐ Develop a new product line to meet those needs
  • Task 9 due in 10 weeks: Research market trends
    ☐ Identify current market trends ☐ Evaluate their impact on our business
  • Task 12 due in 4 months: Implement a new CRM system
    ☐ Identify needs for a new CRM system ☐ Select a CRM system ☐ Implement the CRM system
  • Task 14 due in 5 months: Develop a customer referral program
    ☐ Identify incentives for a referral program ☐ Develop the referral program
  • Task 15 due in 22 weeks: Train sales team on new products
    ☐ Develop training materials ☐ Conduct training sessions
  • Task 17 due in 28 weeks: Implement a customer loyalty program
    ☐ Identify incentives for a loyalty program ☐ Develop the loyalty program
  • Task 20 due in 8 months: Develop a new pricing strategy
    ☐ Analyze current pricing strategy ☐ Develop a new pricing strategy based on market trends

Not Important, Urgent

  • Task 10 due in 3 months: Attend a trade show
    ☐ Identify relevant trade shows ☐ Prepare for the trade show ☐ Attend the trade show

Not Important, Not Urgent

  • Task 11 due in 14 weeks: Update company website
    ☐ Identify needed updates ☐ Implement updates
  • Task 13 due in 18 weeks: Conduct a customer satisfaction survey
    ☐ Develop a customer satisfaction survey ☐ Conduct the survey ☐ Analyze the results
  • Task 16 due in 6 months: Develop a social media marketing strategy
    ☐ Identify target audience ☐ Develop a social media strategy to reach that audience
  • Task 18 due in 7 months: Conduct a competitor analysis
    ☐ Identify key competitors ☐ Analyze their strengths and weaknesses
  • Task 19 due in 32 weeks: Update company brochure
    ☐ Identify needed updates ☐ Implement updates