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Develop a Strategic Culture for Successful Strategic Planning Implementation
Strategic planning implementation is at the heart of how to make change of any kind happen in your organization. Start by answering why your organization might want to embark on a strategic planning process and implementation. Want to be one of the organizations, in which employees understand the mission and goals? They enjoy a29 percent greater return than other firms. This seems like a good reason to start strategic planning implementation to me. How about you?
These are the keys to effective strategic planning implementation for your business.
If you are implementing your strategic planning in an organizational environment that is already employee-oriented, with a high level of trust, you start the strategic planning implementation with a huge plus. An additional plus is an organization that already thinks strategically.
Unfortunately, the implementation of strategic planning most frequently occurs as an organization moves from being traditionally reactionary to strategic. So, often, learning to think strategically is part of the strategic planning implementation learning curve.
Successful strategic planning implementation requires a large commitment from executives and senior managers, whether the strategic planning is occurring in a department or in a complete organization. Executives must lead, support, follow-up, and live the results of the strategic planning implementation process. Or, the strategic planning implementation process will fail. It’s as simple as that.
Without the full commitment of the organization’s senior executives, don’t even start strategic planning. Participants will feel fooled and misled. A vision statement and a mission statement, along with this year’s goals, filed, unimplemented in a cabinet or computer, is a serious source of negativity and poor employee morale.
Senior leaders can do the following to create a successful strategic planning implementation process.
The main thing in successfull implementation of the strategic planning is countiniously measuring of the results and feed back control in order to take corective actions if achievments of the goals and objectives are not on a right way to be realized.
1. Most Important: Get Management concurrence and approvals on the strategy & make it formal across the organization or departments whichever is relevant
2. Ensure right ownership is assigned to the department heads along with timelines
3. Gives heads up to the department heads to figure out Risk Mitigations and Budgets
4. Create a Steering Committee and have frequent checkpoint calls to get status update
5. Post implementation have specific reviews on the tactical items developed or implemented
Ensure there is a project plan on any strategy to be executed so that timelines and ownership is clear.
In my opinion people of the company are responsible to make strategies work. For this strong Retention Strategy must be in place. Many good products and companies fail because of high man power turn over, as before strategic plan of the company takes off people who had been trained leave their job. My experience has been that strategic planning implementation is possible through committed employees only and for that backing of a strong retention strategy is foremost important.