1. Preparation to plan The idea of preparing to create a plan seems to be overdoing the planning process, but there is a need to prepare to create a plan. Many people prepare to create a plan without thinking about it. Prepping to create a strategic plan is no different than any other plan. There must be consideration of who will be involved in the planning process, the framework or method that will be used in the strategic planning process, the duration of the strategic planning process, how will the planning meeting(s) be handled, and what will be the outcome(s) during the strategic planning process. Without considering the previous items, the strategic planning process will not get off the ground properly and is subject to potentially
…show more content…
The goals and objectives need to have timeframes, means to measure progress and who will be responsible for completion of the goals and objectives. The “who” could be identified as a single employee or more than likely a team or department.
6. Refinement of the strategic plan (possible “catch-ball” process) Once the initial strategic plan is put is established, it is good to make sure the different levels of management have some kind of agreement concerning the goals and objectives within the plan. The plan should be handed to the managers of the different departments that will be participating in the implementation and completion of the plan. The managers review the plan and make suggested changes and submit them back to their bosses. The bouncing of the plan and suggestions could occur once or more than once depending on the how the organization.
7. Reviews of the strategic plan Once the strategic plan has been created and bounced around to make the goals and objectives more viable and the timeframes obtainable. The plan must be reviewed by the major stakeholders and sponsor. The stakeholders and sponsor will need to make sure the plan’s end-results match their views and ideas. Also, the plan needs to be reviewed to make sure the ROI is high enough to make the financial …show more content…
Predetermined reviews against the plan Milestones should be setup throughout the plan to review the progress. The milestones look at what activities should be in progress, completed or not started at given times in the plan. Checking to make sure the activities meet the milestones will help determine if the plan is on, ahead or behind schedule. If the plan is on or ahead of schedule, then the plan is still viable. If the plan is behind schedule, then there is a possibility the plan will fail. Either way the milestones also provide a place to make changes to the plan if additional information is received or if goals and objectives are not truly viable anymore.
11. End-of-the-year performance to plan At the end of the year the actual progress of the activities are compared to the plan in a similar manner to the milestone checks. For plans longer than one year, the end of the year check can be just another milestone. For plans that are to be completed at the end of the year of shortly thereafter, it is a crucial time to determine if the plan was a partial or full success/failure. Also, it would be a good time to put together a lessons learned packet to be used as information for the next strategic
The goals and objectives need to have timeframes, means to measure progress and who will be responsible for completion of the goals and objectives. The “who” could be identified as a single employee or more than likely a team or department.
6. Refinement of the strategic plan (possible “catch-ball” process) Once the initial strategic plan is put is established, it is good to make sure the different levels of management have some kind of agreement concerning the goals and objectives within the plan. The plan should be handed to the managers of the different departments that will be participating in the implementation and completion of the plan. The managers review the plan and make suggested changes and submit them back to their bosses. The bouncing of the plan and suggestions could occur once or more than once depending on the how the organization.
7. Reviews of the strategic plan Once the strategic plan has been created and bounced around to make the goals and objectives more viable and the timeframes obtainable. The plan must be reviewed by the major stakeholders and sponsor. The stakeholders and sponsor will need to make sure the plan’s end-results match their views and ideas. Also, the plan needs to be reviewed to make sure the ROI is high enough to make the financial …show more content…
Predetermined reviews against the plan Milestones should be setup throughout the plan to review the progress. The milestones look at what activities should be in progress, completed or not started at given times in the plan. Checking to make sure the activities meet the milestones will help determine if the plan is on, ahead or behind schedule. If the plan is on or ahead of schedule, then the plan is still viable. If the plan is behind schedule, then there is a possibility the plan will fail. Either way the milestones also provide a place to make changes to the plan if additional information is received or if goals and objectives are not truly viable anymore.
11. End-of-the-year performance to plan At the end of the year the actual progress of the activities are compared to the plan in a similar manner to the milestone checks. For plans longer than one year, the end of the year check can be just another milestone. For plans that are to be completed at the end of the year of shortly thereafter, it is a crucial time to determine if the plan was a partial or full success/failure. Also, it would be a good time to put together a lessons learned packet to be used as information for the next strategic