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Do You Really Want to Build a Faster Strategic Plan?
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| Guest post by: Joe Evans |
Article Overview: How long should the process take to create your corporate strategic plan and get the job done right? Even if the plan is created in a week’s time (and it won’t be), is the job really done? Has everything that needs to be done to support the strategy roll-out been addressed?
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Free Download - How Well Do You Understand Your Organization’s Core Competencies? By Joe Evans |
Do You Really Want to Build a Faster Strategic Plan?
Enterprise strategic planning is often
thought to be a long drawn out process that takes far too long to
achieve. And while strategic planning does take time, it doesn’t have
to be a futile endurance exercise. The right way to speed up the
strategic planning process is to have a solid foundation already in
place upon which to build the plan. The right way is to think about
speed is in a planning process that delivers the right plans, faster.
The wrong way is to rush through necessary steps to create a typical
plan that fails to deliver its intended results, as is the case with 90%
of all corporate strategic plans.
Don’t think you can go into the planning
season and achieve great results without a proven planning process in
place. Plans don’t just appear. Building effective strategic plans
faster requires a solid process, not cutting corners.
What does a better and faster strategic planning process look like?
The Strategy Also Addresses Necessary Operational Plans
A much better way is to build operational plans into the strategic planning process. While this may not speed things up on the front end it will certainly speed up the time it takes to reach the plan’s goals since people who are responsible for executing the plan will have clear marching orders. And if the foundation of the planning process is solid, this extra step should flow naturally from the defined strategic direction leaving little excuse to leave it untouched. In short, while strategic defines the direction, a holistic plan defines goals that support the strategy and addresses the operational tactics that will accomplish the goals.
The Strategy Addresses Communication and Change Management
People need to know who will be impacted by the strategy, how they will be impacted, and the best way to act upon the new strategies. They need to be communicated to such that they will be receptive to the message and open to any changes.
We call this “Change Marketing” and it’s a necessary part of alleviating the fear, uncertainty, and doubt that develops in the minds of good and capable employees who are uninformed as to the strategy and operational tactics planned by the organization.
Once again, bringing communication and change management into the process may slow down the process upfront but if accomplished within a strong planning framework it can be incorporated relatively quickly, saving significant troubles later.
The Strategy is Aligned with the Culture and Organizational Values
The Strategy and Operational Plans are Aligned to Organizational Core Competencies
The Process Allows the Organization “Get Started” Sooner
How will you build a better faster strategic plan in your organization?
How can we help you? Request a meeting to discuss your enterprise planning process today.
To learn more, read our full length article titled, “How Long Should It Take To Complete A Strategic Plan?".
For permission to use or reprint any portions of this copyrighted article, contact Method Frameworks at articles@methodframeworks.com.
Learn More Let us show you how to realize 140%+ ROI on your strategic planning efforts through our unique Plan4SM process that brings together strategy and execution into a powerful plan. Plan4 is our proprietary business planning process that involves an integrated set of actions designed to help companies gain sustainable advantage. Download our brochure to learn more about Method Frameworks and our services or download our Plan4 Planning Process Overview.
You can contact Method Frameworks at 877-317-5264 (877-31PLAN4) or follow this link to request a meeting with a planning consultant. Check our articles and blog often at www.methodframeworks.com to get many more planning tips and information about our Plan4 process.
Article Tags: corporate strategic planning, method frameworks, operational planning, strategic plan, strategic planning xchange, strategy execution
Referred by: http://www.imageworksstudio.com/
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About the Author: Joe Evans RSS for Joe's articles - Visit Joe's website Joe Evans serves as the President and Chief Executive Officer of Method Frameworks. Method Frameworks provides management consulting services to commercial enterprises with strategic and operational planning solutions using the firm’s proprietary Plan4 process. Visit Method Frameworks at www.methodframeworks.com. Joe is a published author, frequent speaker and recognized expert in co rporate strategic planning. To contact Method Frameworks about scheduling Mr. Evans about an upcoming speaking engagement, visit www.methodframeworks.com/business-speaker or email requests to media_relations@methodframeworks.com. Want more corporate strategic planning insights? Read Joe's blog. Also, request to join the "Strategic Planning Xchange" now by following this link to the Strategic Planning Xchange. Click here to visit Joe's website Enterprise Myopia Is Customer Value Being Overlooked Can We Remove Risk From Our Strategy Mergers and Acquisitions Understanding the Essentials of Strategy and Execution in the MA Ecosystem Part 1 of 4 Do You Really Want to Build a Faster Strategic Plan The Small Business Owners Conundrum |
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