It needs to be made clear that the plan is consistent with the organization's vision and general business strategy and that the plan has broad approval from the board of directors to department managers.
The planning document is seen as an end in itself. Before long, they end up adopting a dismissive attitude towards the strategic plan, treating the strategies as something related to the overall management process, but still separate. The alternative plans need to be evaluated in light of the organizational objectives.
Establish an information and feedback system that will gather feedback and results data, to be used for strategy evaluation later on. She has developed the format and the user interface for the award-winning OnStrategy on-line strategic management system. Enforce the applicable control measures in the performance of the tasks.
No one feels any forward momentum.
Whether the implementation is on schedule, ahead of schedule, or behind schedule, evaluate the current schedule regularly to discuss any changes that need to be made. Shared Values This is at the heart of the McKinsey 7s framework, and they refer to the standards, norms and generally accepted attitudes that ultimately spur members of the organization to act or react in a certain manner.
Now the best and most feasible plan will be chosen to be implemented. Majority of top performing companies have identified the role of strategic planning for long term growth and continued existence of their business organization.
Let us take a look at the eight important steps of the planning process.
Culture This is the organizational cultureor the overall atmosphere within the company, particularly with respect to its members.