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Five-Year Plans, method of planning economic growth over limited periods, through the use of quotas, used first in the Soviet Union and later in other socialist states. The first Five-Year Plan was implemented by Joseph Stalin in 1928. Learn more about the Five-Year Plans in this article.
- Overview
- What is a 5-year plan?
- How to create a 5-year plan
- 5-year plan template
- Examples of 5-year plans
If you are evaluating your career path and where you want to be professionally in the future, you may want to consider putting together a five-year plan. By creating a set of goals you want to achieve in the next five years, you can identify the steps you need to take within that time to make achieving those goals possible.In this article, we discu...
A five-year plan is a list of goals, either personal or professional, that you want to achieve within the next five years. It often includes ambitions with specific timelines and measurements. This short-term plan provides concrete goals to work towards and makes it possible to develop smaller goals to help you achieve the larger goals of your five...
1. Consider what you want for your life
Start by simply evaluating what you want for your life within the next five years. Thoughtfully, and privately, consider what will make you happy in the future and provide you with a feeling of accomplishment.One way to brainstorm what you want is to write down all of the career-related goals that you think you may want to accomplish within the next five years, regardless of what they are. Think of as many ideas as you can at this stage, as you can narrow them down in a later step.Another way to brainstorm what you want for your life is to write down all of the things that inspire and motivate you. This should be a relatively simple exercise since these dreams often dominate your subconscious and possibly even conscious thoughts.Related: How To Make an Achievable Five-Year Plan
2. List your skills and experience
The next step is to consider what you actually know and have done. Keep in mind that there is a difference between what you know and have experienced, what you currently do and what you want to do. You may be in transition, changing career paths. If this is the case, then what you're currently doing may be vastly different from what you want to do. However, you may have knowledge, skills and experience that position you to move in that new direction. If you don't yet, then your five-year plan can help you define what steps you need to take to make that ultimate goal achievable.Related: 11 Steps for Writing a 5-Year Business Plan
3. Identify your transferable skills
This step is particularly important if you are planning to make a career transition. Look at your current list of experience, knowledge and skills. From that list, consider which of those skills are transferrable to the career that you really want to have. You may want to talk to a trusted friend or family member to get additional insight into which skills on your list are transferrable.
Here's a template you can use to create your own five-year plan.
To upload the template into Google Sheets, go to File > Open > and select the correct downloaded file.Related: How To Create a Career Goal-Setting Worksheet (And Template)
Example 1
Related: How To Write an Action Plan (With Template and Example)
The first five-year plan (Russian: I пятилетний план, первая пятилетка) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, implemented by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country.
- Focus your plan. Take a look at your notes and decide which specific areas to focus on. You might decide that you’d rather focus on a few areas, like your health and career, or you might decide that you want to focus on all areas.
- Consider potential goals. Next, divide each paper into two columns. The left column will be for ‘goals,’ and the right column will be for ‘action steps’ or ‘skills.’
- Determine your ‘why?’ What’s your big ‘why?’ Why do you want to be a Teaching English Foreign Language (TEFL) teacher in Peru? Write your reason down and hang it in a place where you’ll see it daily.
- Identify annual goals and create monthly goals. First, establish annual goals that will help you reach your 5 year goals. For example, if one of your 5 year goals is to adopt a child, then your first annual goal will probably consist of setting interviews with adoption agencies.
Jun 20, 2023 · On 1 October 1928 Joseph Stalin’s Soviet Russia launched the first Five Year Plan, a series of revolutionary economic reforms which transformed Russia from a peasant society into a power capable of resisting the might of Hitler’s Germany.
- Celeste Neill
Sep 19, 2023 · A five-year plan is an outline of professional and/or personal goals you want to reach within the next five years. It usually includes broad goals relating to career, relationships, health, and finances that are broken down into action items and milestones.
Jun 15, 2022 · Making a five-year plan is one of the most effective ways to move forward in life, both personally and professionally. Learn how to brainstorm and set a long-term plan.
