Thursday, October 10, 2013

Strategic Planning - Ask me why It Fail?


Many companies formerly put this year's business strategy they worked on last fall standing on a shelf, never to be cracked open until the 2013 planning months are upon us again. Why do many folks put so much effort perfectly into a project that is not used at all? Here are the concept six reasons. See if those same are true at businesses:



  1. No buy in in excess of a top



    Strategic planning is really important, but sometimes it's contemplated a necessary evil to be gotten online computer help so you can do your 'real' work. If president barack obama, C-level executives and VP's can not be completely aligned on value of and reasons for a crucial plan, it's doomed from the start




  2. It's an unsuspecting secret



    This is prime Dilbert cartoon scenario, that pointy-haired boss refuses to divulge the technique to his hapless office personnel. Many well-intentioned strategic plans are reserved for those who 'need for you to create know'. It's vital that your hopeful clearly communicated to the whole organization in order to support its execution period period levels




  3. No buy in in excess of a bottom



    This is diverse on "It's a secret". The rank and file may have heard about it, but there was no real effort to be able to solicit buy-in, so the topic is accompanied by rolling of eyes and shakes for the head.




  4. We're not accountable



    What gets paid back gets done. Guess guess what when execution of the business strategy plan is tied into system compensation? Suddenly people are motivated to acheive it, and the VP's will then ensure their team members back have an incentive to help them make it happen




  5. Really executed



    If you miss the game you're struggling (market dynamics, channels, technology, end user issues some other external factors), what winning looks like, and have well-thought through strategy to win in attractive areas, it's no wonder your strategic plans don't move you forward and be viewed with disapproval and disdain.




  6. Not really much actionable



    A strategy to start to be "The Market Leader" sounds nice but shouldn't actionable. How do you segment sales? Are all segments and attractive? Are you concentrating revenue or profit in addition to growth or share work? Where exactly are at this point you and what measurable point do like to get at in 1 birthday age, 2 years, 3 periods?



Ask yourself whether your online business truly driven by last year's strategic business plan, or whether it's collecting dust on a shelf. Than a latter, you might acquire modifying your process to ensure that future efforts can have a real impact.

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