Milestones are important for any business. Whether it’s a goal, anniversary or recognition of how far you have come there are many reasons to celebrate a milestone. For any business no matter how big or small it is important to celebrate your successes. Some companies never celebrate their achievements while others celebrate everything that goes on in the company. Let’s have a look at why you/your company should celebrate company milestones and give them recogition it deserves.
Why Celebrate Company Milestones
Boost Employee Morale
Milestone are acheived by many people in the company working togther. Staff members work long and hard to hit their targets and push themselves to acheive what has not been done before. After hitting a goal its imporatant to celebrate your success with your employees. This will give them recognition of their success and let them know that people are noticing their achievenments.
Imagine working long and hard on a goal only to have it never recognised or celebrated. The employees may not be as motivated to hit another target as they may feel their work is not appreciated. Give your staff the recognition they deserve so you can achieve more goals with team members who are dedicated and focused. A company retreat, company dinner or even a small impromptu celebration can boost morale.
Show Customers Your Success
Your customers will only see what you show them. What better way than to showcase your success to existing and potential clients. People like to partner with businesses who are successful and can show that they can do as promised. It also gives comfort to potential clients knowing that when they work with you, you are growing and moving forward. If potential customers don’t see your success, how will they know you are true to your word or see what they can accomplish with you.
An Opportunity To Reset And Energise
One great thing about celebrating company milestones is that it gives the company and its staff a moment to relax. After working months or years on a goal, some staff can feel tired and in need of a recharge. If you jump from goal to goal without taking a break, you can burn out your staff. By hosting a company retreat, taking the night off, awarding staff with additional leave/incentives, your team will get the chance to recuperate and take on the next challenge.
A Chance To Reflect And Set The Path Forward For The Company
A milestone achievement is through focus, dedication, hard work and is carefully worked on to be achieved. Even company anniversaries (EG 10, 20 years) happen through collaboration throughout the years. When a milestone is reached, it is essential to recognise where you came from to realise the impact of the goal. You should also reflect on what it took and who helped you to achieve it. Once the milestone is reached, you will be thinking “ok what’s next?“, and this is the perfect time to refocus and set the next milestone.
Great For PR
Company milestones are great for PR, and the media should know about your accomplishments. Did you know that others may find your accomplishments noteworthy and also worth celebrating as well? If your company gives back to the community, certain parts of the business become environmentally friendly or did something impressive; then others want to hear about it.
Because Other People Are Unlikely To Do It For You
You need to celebrate your milestones because no one else will. You need to stand up and celebrate it yourself because your competitors are not going to. Sure some organisations/non-for-profits or government agencies will recognise the hard work you do. How would these agencies know of your achievement unless you spread the good work you have achieved to let them know. Even if you celebrate the achievements at the annual Christmas Party, milestones should be celebrated. As the saying goes “the only time you should look back is to see how far you’ve come” – Mick Kremling.
Celebrate Your Milestones
In short, you need to celebrate a company milestone with those that matter and made an impact. No matter how big or small, you should always reflect on your achievements. If you are planning to celebrate your corporate milestone and need to organise a gala dinner, company retreat or internal corporate party, we are happy to help and take your milestone celebration to the next level.
Is your company celebrating a milestone? What type of milestones has your company celebrated in the past? Join the conversatoin down below and let us know in the comments section 🙂
Stephanie Cassimatis is the founder and head stylist of Pink Caviar Events, a corporate event management and styling company based in Sydney, Australia. With over a decade of experience in the industry, Stephanie is known for her impeccable taste and attention to detail, as well as her ability to bring her client’s visions to life. In addition, she is a certified Project Management Professional (PMP), a credential that reflects her commitment to delivering high-quality events on time and within budget. Stephanie is also a respected speaker and educator, sharing her expertise and insights with aspiring event planners and designers through workshops and conferences.