Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Business Plan and Implementation Principle 1

Guest post by: Howard Shore

Article Overview: Let’s say you are my employee, and I ask you to build a puzzle of 1,000 pieces. The challenges are that there are no square edges, you cannot see the picture of what the puzzle will look like in the end, and most of the picture is pure black or white. Oh, and by the way, I am going to give you extra pieces. How motivated are you to build this puzzle for me? Welcome to the typical business. This is how the majority of employees feel in most organizations and why most employees only do the minimum expected to keep their job.

Free Download - 6 Tips for Setting Better Client Expectations By Howard Shore
Name: Email:

Business Plan and Implementation Principle 1

Let’s say you are my employee, and I ask you to build a puzzle of 1,000 pieces. The challenges are that there are no square edges, you cannot see the picture of what the puzzle will look like in the end, and most of the picture is pure black or white. Oh, and by the way, I am going to give you extra pieces. How motivated are you to build this puzzle for me? Welcome to the typical business. This is how the majority of employees feel in most organizations and why most employees only do the minimum expected to keep their job.

In my experience as a business coach, chief executives typically consider development of a vision and mission statement to be a waste of time. During strategic planning processes, it is not unusual to hear comments like, “let’s stop spending so much time with this fluffy stuff, and let’s get something done.” I recall one strategic planning process that I facilitated where a lot of thought and time was put into vision, and there were many decision-makers. When we first started the discussion, there was an initial feeling that vision was only necessary for large organizations, and it was questioned whether time was being well spent. Trusting my expertise, the client stayed with the program. To their delight, when the vision was rolled out, there was a surge in energy throughout the organization. As a matter of fact, many employees approached management to ask, “How can we get involved?” They were actually asking for more work to do. WOW!

One issue we find with vision and mission is there is typically confusion about the differences between the two. For the sake of clarity, vision is the destination where an organization wants to be twenty to thirty years from now. It is the journey the organization continually strives toward and never reaches. For example, Tiger Woods’ vision was not ‘to become a great golfer.” If it had been, he could have stopped playing in his early 20s. His vision is to be the best golfer he can be … which never ends.

Mission, on the other hand, looks at what you want to accomplish over the next three to five years to move you closer to the vision. In Tiger’s example, his mission might be to be the Number One golfer every year by perfecting his swing, mastering putting, achieving maximum health, and having the right equipment. If he achieves his mission, he will be driving directly towards his vision.

I would like to share with you a real company that we will call “Dreamer.” Dreamer decided to skip steps in the strategic plan process because that was for bigger companies. While working with this company, a very clear and exciting vision was created. This vision would revolutionize the company and its industry. They actually won an award based on this vision. Failure to follow a complete strategic planning process delayed action by almost 3 years. In other words, rather than the vision being a goal it was a dream.

Continuing our case example, this company actually got itself stuck in the land of “status quo.” To this day, they still struggle with letting go of their roots and truly committing their organization towards their new vision. The missing link was mission tied to vision.

While this company did have a mission, it was the same as before, but with higher numbers. Indirectly, what they inadvertently did was to tell everyone that “We want to be dramatically different, but keep doing what you have been doing, just do it better.” This would have been fine if what they were doing would lead to the vision. Basically, this company was in a hole, and, rather than stop digging and climb out, they kept digging. More importantly, failure to turn this dream into a true goal has cost the company millions of dollars in lost opportunity that can never be recaptured.

Another area where organizations fall short is the clarity of the written vision and mission statements. Well-developed vision and mission statements make clear to everyone “what needs to change and how.” As I mentioned above, the vision screamed, “we need to change dramatically” while the mission said “keep doing what you’re doing.” The bottom line? If you can achieve every goal in your mission and not be dramatically closer to your vision, you do not have a worthwhile mission, or, in simple terms, you are digging deeper holes.

The last issue with this principle is with how it is communicated. Too many companies write vision and mission statements and put them in employee handbooks that nobody reads and on their website, which employees rarely visit. Employees need to be enrolled in, not told, the vision. When this is done correctly, it drives pride and bragging rights for everyone involved. A well-defined vision stimulates employees to come to work in order to contribute to a bigger cause, rather than to collect a paycheck and make the owners richer. Vision is communicated regularly and everywhere so that no one forgets why they come to work.

If your company has any of the following symptoms, you may have a vision or mission problem:
- Top management seems to be pulling everyone along.
- Customers seem to stay 3 to 5 years (or less) and then go to our competitors.
- A lot of changes in “how” things are done have been successfully completed with minimal effect on the bottom line, or the effects are not as great as desired.
- Tactical changes are not driving the business to where it needs to be fast enough.
- High turnover of new employees, particularly at the upper management level.
- Continually miss our business plan goals and usually on the revenue side.
- Employees do not work as hard as we do.
- Most change initiatives start off great and then lose steam.

Related Articles
  Coaching Your Business To The Next Level Series Part 5 Work Your Plan
  Business Plan Why Doesnt Your Business Plan Consistently Deliver Your Desired Results
  12 Steps to Implementing Anything in Your Business: Step Ten: Use Creative Problem Solving to Overcome Any UnForeseen Obstacles
  The most important thing to know about your strategic plan.
  Proven Principles for Profitability In Your Business

Home > Business-Coach > Howard Shore > Business Plan and Implementation Principle 1
Article Tags: business plan, challenges, implementation, job, square edges, typical business

About the Author: Howard Shore
RSS for Howard's articles - Visit Howard's website

As a principal partner of Activate Group, Inc., Howard Shore has developed a track record for helping organizations to accelerate revenue and profit growth rates at levels exceeding 20% annually. As a personal coach, Mr. Shore has helped executives and sales people to increase their personal success. He has a 20+ year track record in multinational, public and private companies, across many industries, and business that range from start-up to $20 billion in revenue. He has held executive-level positions including CEO and CFO and notable accomplishments include: - Bought, built and sold private company at 500% profit. - Grew Ryder Public Transportation Division from $400M to $600M; sold for $1 Billion. - Managed strategic and business planning processes leading to over $350M in profit opportunities. Mr. Shore is a Certified Coach, Gazelles International Coach, Certified Behavioral Analyst, Certified Values Analyst, Certified Attributes Index Analyst, Certified TriMetrix™ specialist, and Certified Public Accountant. Contact Howard Shore at (305) 722-7216 or shoreh@activategroupinc.com.

Click here to visit Howard's website
Dashed Line

More from Howard Shore
8 Talent Building Lessons from the Miami Heat Coup
Take Control and Increase Growth Article 2 of 4
15 Ways to Motivate Your Employees
Barriers to Finding Getting and Keeping High Performers
Productivity Gains through Positive Motivation


Related Forum Posts
Business Innovation Business Innovation - Hi Simon If you can finish off the Business Plan and think about your strategic direction or how you are going to use your product to convince people it's a great idea, it will set the foundation for your programming project. You see, when you are looking for funding you will need a Business Plan and Strategic Plan that will convince companies to invest into your new idea. Has anyone achieved this idea before using another industry besides health and fitness that you know of? You should also design some mockups as a "preview" for your programming project. This will also help reduce your programming costs as everyone will know exactly what you want if you have detailed mockups already completed including any functionality you require. Starting mockups for websites and software applications on paper is the best way if you're not a guru in graphic editing software.
New Small Business Topic New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital
2007 Goals 2007 Goals - 1. Web site complete, fully operational 2. Revenue stream from both individual and corporate 3. Business Plan complete 4. Full marketing strategy complete and implemented
My entry My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: Is A Business Plan A Waste Of Time? Re: Is A Business Plan A Waste Of Time? - Business Plan or generally work plan (to do list) improves the quality of my work at least 4 times. I have seen the positive results of planning and focus in my online business. And I know from my past experience how uneficient your business can be when you are not doing planning. So I agree that there is a relationship between entrepreneur success and planning.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

How To Be Happy at Work? Acknowledge Yourself

How To Be A Management Legend

Your Local Small Business Online Marketing Funnel

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.