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08 23 2013

Implementing a Strategic Plan Puts Companies on Path Toward Victory

Uncategorized

August 2013

Business Management Consulting, Business Strategy and Implementation, Business Success, Improvement, Project Implementation: How to Create Ownership

Whether it’s called a strategic plan for larger organizations or a plan of attack for smaller mom-and-pop businesses, the foundational elements are the same.

Having a clear plan on where your business is going and how to successfully and consistently achieve goals, so that all of your employees, managers and leadership fully understand their respective duties on how to get there, is paramount.

The most pivotal aspect of this entire process rests on the ability of leadership to implement the strategic plan so that actions, statements, and behaviors result in improved conditions at all levels within your organization. When this takes place, your internal and external customers will benefit greatly and your competitors will try to emulate, resulting in your leading and your competitors following.

In my experience working with national and international companies, approximately 95 percent of them have strategic plans, but only 3 percent to 7 percent implement them consistently and effectively.

For example, I had one president share with me that his organization had just finished a yearlong, mid-six-figure, strategic plan creation project. However, when I asked him what he intended to do with it, he replied with a deer-in-the-headlights expression, “I don’t know.” Many of the problems surrounding implementation don’t stem from lack of trying, but rather from lack of understanding. Company leadership either believes the creation of the plan is enough and implementation will automatically take care of itself, or they confuse general strategic plan knowledge with the processing of the plan.

In other situations, I have found they have gathered inaccurate information or no information at all, which they base their strategic plan on. Successful strategic plan implementation requires that your leadership team have skills, knowledge and experience, which creates competency when faced with follow-through.

To test your and your leadership team’s competency in relation to strategy implementation is to assess their understanding and skills in this area. To improve upon performance, you must consistently measure it. These questions will help you and your team discover what needs refinement.

I suggest you use a 0-5 Lickert Scale, where zero means “some of the managers” and five means “all the managers.”

  1. Your managers understand the strategic plan and are able to successfully set department goals in support of the strategy?
  2. Your managers lead meetings in which strategic issues are discussed in relation to operations?
  3. Your managers, if asked, could provide a priority list of issues directly related to strategy implementation for which they are responsible?
  4. Your managers set their subordinates’ goals and objectives according to the strategic goals that relate to their operations?
  5. Your managers evaluate, reward, and promote their people with strategic goals in mind? How did you and your management team do? If you scored mostly 4′s and 5′s then you are probably doing well despite the economy. If you scored in the mid range of 2′s and 3′s then you are doing OK but now you know who and what needs to be improved upon. If you got blank stares or scored 0′s and 1′s then you and your leadership team would be wise to take your noses off the grind stone and put some time and energy into your destination and how you intend to get there.

Working hard is needed, but working smart is required and nothing is more important to business success than working toward a specific destination and making sure you and your team have the fundamental skills, knowledge and competency to create and implement a useful strategic plan.

Kelly Graves, CEO
The Corporate Therapist
Email: Kelly@ProfitWithIBS.com
Cell: 1.530.321.5309
Toll-Free: 1.800.704.3785
Office: 1.530.321.5309
Internal Business Solutions, Inc.™

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Posted by at 1:52 PM

08 19 2013

Profitable & Improved Staff Development

Business Success, Communication Issues, Conflict Resolution, Corporate Therapy, Improvement, Leadership Development/ Executive Coaching, Staff Development for Profit

August 2013

This is where you are, but… THIS is where you WANT to be…
  • No buy-in and no follow through from participants once they return from a workshop or training.
  • Trainings are ineffective or off-target and result in poor recall on Monday morning when trying to implement the new skills.
  1. People deeply understand and buy into the training because they were involved from the beginning. They support that which they helped create.
  2. Follow through over time is more consistent.
  3. Better information retention; a “learning environment” is created by staff where all continue to train and teach each other.
  • Workshop training manuals get shelved, forgotten, and collect dust.
  1. Participants refer to training manuals and rely on them as valuable resources.
  • Training or team building is like a doughnut (enjoyable, but with no lasting nutritional value).
  1. Consistent innovation moves people to take action and create new habits.
  2. A greater return is received on every training investment dollar.
  • The training is “off the shelf,” one-size-fits-all, or so generic it doesn’t translate well to our particular people and their specific challenges.
  1. Trainings are specifically designed for our objectives, our culture, and our people so that individual and organizational growth can be measured and maintained.
  2. Participants are taught how to overcome daily challenges and integrate information.
  • We want to utilize the information, but work and pressing issues dictate our priorities.
  • We just don’t have time right now.
  1. Trainers don’t leave after one day. They partner with the organization to ensure long-term learning and return on investment is received.
  2. Morale is higher and more consistent.
  3. Prioritization is improved.
  • We don’t know how or don’t take the time to implement staff development because our culture/industry/business is unique.
  1. Training is designed specifically for us from A to Z. Implementing the information is part of the training process and our people grow consistently over time as a result.

You May Want to Ask Yourself These Questions:

  • How do we establish or reestablish trust? Are you ready to improve and add extra strength to the back-bone of your organization?
  • How do our people communicate? How can we really improve communication, goal setting and execution so our people and departments GET RESULTS and we actually utilize all of our resources, people and departments as a UNIFIED whole toward specific objectives.
  • Where are we now and where do we all want to go? How can each member of our organization help to improve our bottom line and why should they?
  • Is any of this even possible?
  • If someone told me it was, would I believe them?
  • If I did believe them would I take the two  minutes out of my busy day and do anything about it? would I call, text or email?

Profit from the inside out. I specialize’s in designing employee development programs tailored specifically for your staff and you. I provide you with the necessary training and tools to ensure that your staff continues to teach itself, monitor itself, and show improved results long after I have left.

Are you getting the best out of your employees? If not, then take steps to improve your organization by investing in an employee development program.

Make no mistake about it: all your closest competitors have good R & D… They have access to financing and resources, and they are training their people. The only resource which separates you from your closest competitors is… YOUR PEOPLE… SO INVEST IN THEM EFFECTIVELY.

All organizational challenges will ultimately be solved by and through your people! Whether your challenges are technical, financial, or in some other domain, these challenges will always hinge on human communications and processes. Understanding and improving communication is hugely important to your organization’s survival and success, because the bottom line is: it’s YOUR people who will ultimately take YOUR organization to the next level.

Important considerations for employee development:

  • Urgency and energy are produced to create a new future.
  • Broad participation quickly identifies performance gaps and their solutions, improving productivity and customer satisfaction.
  • First tackle the larger issues or conflicts that are tying up your organization’s time and effectiveness.
  • Alleviate stress and you emphasize camaraderie.
  • Employee morale will soar higher and stay more consistently positive through employee development; when employee’s morale is high, areas of need will be addressed more quickly and effectively, so problems won’t fester under the surface and get out of control.
  • Encouraging employee feedback on business challenges will help people grasp issues.
  • Employees will become aligned around a common purpose and will create new directions, because they understand both the difficulties and the opportunities of change and growth. In short, employee development creates “ownership.”
  • Lastly, it is virtually impossible to have satisfied customers and dissatisfied employees. Everyone knows when a clown has makeup on and your customers know it when your employees are faking the smiles. So quit insulting them, because in this competitive age they WILL shop you.

In essence, when employees realize that they have some semblance of control and are being heard, the company, the leadership, and the employees all benefit. Thus, it is through this improved communication and shared purpose that the value of employee development truly begins to sink in for all stakeholders. This is when your team will take your organization to the next level. Through employee development, you are guaranteed lasting commitment and support of your strategic plan and your company vision! Kelly@InternalBusinessSolutions.com

 

Kelly Graves, CEO
The Corporate Therapist
Email: Kelly@ProfitWithIBS.com
Cell: 1.530.321.5309
Toll-Free: 1.800.704.3785
Office: 1.530.321.5309
Internal Business Solutions, Inc.™

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Posted by at 6:22 PM

08 17 2013

Successful Strategic Plan Implementation: How to go from Planning to Action

Business Management Consulting, Business Strategy and Implementation, Business Success, Project Implementation: How to Create Ownership

Aug 2013

 

Strategic plans don’t go from plan to action on their own as most people think–or rather, hope. A strategic plan is a simple document or road map. People must be learn new behaviors and take actions not previously committed to implement a successful strategic plan. Much like people must take roads not previously traveled to arrive at a new destination.

In the same way that the strategic plan has discrete features (core values, vision, mission, action plans, accountabilities, etc.) a plan’s implementation has distinct and necessary features.

Communicating Conscious or unconscious, every organization is in a state of constant change. Programs and departments are constantly defending themselves, trying to gain market share, seeking to improve internal and external customer service practices, utilizing its dynamic and diverse people, refining its processes or striving to otherwise grow its strengths. In the implementation phase of strategic planning, the organization will be facing any number of changes and challenges; however, because we will have a common destination and common purpose as well as clearly defined checkpoints along the way, we will be better suited to talk to each other about our needs and successes.

People do better with change and challenges if they have a sense of what’s coming and what they need to do to prepare. (help them take the proverbial blind folds off and show them the beauty of the destination you have in  mind). When leaders engage in intentional, positive and proactive communication practices, their people will have a much greater sense of security and commitment. In essence, tell them in clearly defined language about the destination and then remind them how much you need their input and commitment while on this journey together.

Getting Buy-In Getting buy-in or commitment means just that: getting people to invest themselves into this idea, process, program or procedure. Luckily, most people will agree to buy-in when they can see how their individual investment will deliver a sound return. Simply put; how will this directly and positively impact them, their department, their family and well-being of the company they rely on for their economic survival? So when leaders empower their people with the ways and means to influence their work, those people will more readily buy-in to better plans. Empowered employees will support and nurture a plan and its implementation whereas powerless employees will just stand by and watch as if the plan and implementation do not apply to them. To get buy- in, leaders will need to provide visible, tangible and meaningful rewards and recognition for positive actions that lead to successful outcomes. If leaders have chosen and grown the right people (and created rewards and penalties that motivate their people accordingly) then the people themselves will seek out the opportunities to buy-in on the implementation of each variable of the  strategic plan.

Inspiring Interdependence Leaders who know their people will be able to spread personal and institutional passion as well as inspire higher levels of thinking and professionalism. Through this process of inspiring others, leaders will help their people implement a strategic plan each step of the way. Through knowing what intrinsically motivates their people, leaders will be able to guide people to recognize and share in the value of micro and macro accountabilities (those day-to-day measures along with the long-term results.) It is through this interdependence of accountabilities that employees themselves will sustain individual and departmental optimism and direction for the long haul required for a successful implementation.

Giving and Receiving Meaningful Feedback Defined also as a “feedback loop,” this feature allows leadership and line staff to inform practice in timely and meaningful ways. As each person and department moves through the day-to-day realities toward micro and macro goals and objectives this feedback loop continuously looks at human behaviors and qualitative measures that inform positive change toward specific goals and objectives. Because timeliness matters, leaders and managers need to implement changes in real time based on feedback. Equally as important, leaders and managers need to communicate those changes back to their people to show how employee feedback has successfully informed positive adjustments. Feedback loops should be internal: top-down, bottom-up and lateral, as well as external: outside (customer driven).

Leaders Acting as Exemplary Role Models What employees see, employees will do. In every sense, for internal as well as external communications and actions, perception is reality. Without fail, people will believe what they see over what they read or hear. Leaders who model high standards of conduct especially in times of difficulty, such as when an organization is facing challenges or changes in the status-quo, are leaders who will have people who are committed to integrity and character. Leaders who create a culture that rewards and supports good judgment at all levels will have more success implementing their strategic plans. (On the flip side, leaders or managers are not acting as strategic role models if they “pass the buck” or otherwise model less than professional behaviors or values including supporting silo-type responses to challenges like, “That’s not my problem. Our department is doing fine. ” Or other “CYA-cover your assets” attitudes.) Exemplary role models are those leaders, managers and individuals whose actions and statements are consistently focused on the successful implementation of the organizational strategic plan.

Offering and Supporting Strategic Professional Development Perhaps most important to the successful implementation of any strategic plan is an organization’s commitment to regular and specific individual and organizational development. This piece is huge because it is in its people that an organization will find its success. Growing people strategically will allow an organization to exceed its goals. Leaders need to ask themselves how much time and money the organization spends to maintain equipment and buildings?

How much is spent on copy paper, utilities and even sick leave? Are you spending more on maintaining your building and equipment or your people? If you are, then you need to seriously look at your most precious asset–your people! Invest in them consistently but wisely. (I don’t care how it is framed or sold; bowling, trust-fall mats, rope-climbing and other frivolous outings are entertainment, not sustainable and enriching team development). If the goal is to take the organization to the next level, a carefully planned and implemented professional development program and budget should be one of the organization’s highest priorities and successful implementation of a strategic plan requires good people who are skilled, knowledgeable and willing to grow.

So, where does your organization want to be one year from now? What behaviors, actions, beliefs, statements, systems, procedures and people would make up your organization in 12-24 months? The answer to that question is your vision. Now, thinking backward incrementally toward the present day, at each step and time along the way, what behaviors, skills, actions, etc., need to be in place at that stage?

These are your benchmark goals. As you backtrack to the present you will see that there are many steps along the way that require additional and highly-specific objectives. In order to succeed, your people need to be made aware of these big picture mile-stones as well as many details. Perhaps you can imagine it as if you are giving your people a road map with key stops highlighted along the way. Make it possible for each person to see how their part supports the whole journey. If you want to arrive at your destination on time and in good condition, your strategic plan will need to include quality assurances (you want to have a safe and sane trip), systems and procedures that take into consideration of variables known (vehicle choice, drivers’ skills, etc.) and unknown (weather and road conditions). Then, it’s time to hit the road and start your journey. This is the implementation; the process of actually moving your organization and your people across time and space to new destinations. If the strategic plan is the “what and why,” then the implementation is the “who, how and when.”

Kelly Graves, CEO
The Corporate Therapist
Email: Kelly@ProfitWithIBS.com
Cell: 1.530.321.5309
Toll-Free: 1.800.704.3785
Office: 1.530.321.5309
Internal Business Solutions, Inc.™

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Posted by at 3:12 PM