7 Tops Tips On How To Execute Your Strategic Plan
Strategic planning is to out last and out survive the current competition and any soon to be competitors. Yet, executing the strategic business plan still alludes many executives and business owners. These 7 tips may help you to better achieve all those desired results articulated within your strategic plan.
Adopt a proven, sustainable goal setting and goal achievement process.
Goal planning, setting and achievement is not taught to the majority of individuals. Yet, these same individuals are expected to achieve goals. When an uniform goal achievement process is adopted from the top down, effective execution follows.
Train your people all on the same goal setting and goal achievement process.
Adoption of the goal achievement process must extend to training and developing everyone from the top down on how to use the process and any accompanying tools.
Identify specifically who does what by when.
Everyone should be part of the process and have specific goals to be achieved. However, these goals need to be written so that they automatically build the What’s In It for Me (WIIFM) leading to the What’s In It for Us (WIIFU).
Conduct regular meetings to monitor the progress of the strategic plan.
The plan must be monitored on a regular basis by those involved. This helps to avoid dead horses and leads to the next tip.
Hold people accountable.
Monitoring of the plan should create personal accountability. If your employees believe that they are part of the team striving to achieve the goals, then when others are not as dedicated they should be held accountable.
Make necessary course corrections when unknown obstacles appear.
Life is full of changes from 9/11 to fluctuating fuel prices. Course corrections need to be made when these unknown and unexpected obstacles appear.
Communicate achievement to everyone within the organization to ensure continued motivation.
Finally, communication of the plan’s status through the achievement of pre-determined goals is a great way to ensure continued motivation of everyone involved. When the results are not shared, employees begin to question their work efforts. And more importantly, why wouldn’t you share the successes with those who delivered those successes?
These tips presume that you have a proven strategic planning process. When your people can continually achieve shared goals that are in alignment with your strategic plan, execution becomes a daily, positive habit and is no longer a vexing continual problem.
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Tags: accompanying, adoption, alludes, business owners, business plan, dead horses, desired results, goal achievement, goal planning, goal setting, held accountable, motivation, necessary course, personal accountability, strategic plan, strategic planning, unexpected obstacles
