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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

Organization Business Strategic Plan Implementation Skills Assessment

Business Strategy and Implementation, Business Success, Effective Performance Evaluations, Improvement

August 2013

The Reality of Strategic Plan Execution should be clearly apparent. You must measure your teams understanding and ability to execute or you’re simply lying to yourself and others and wasting time and money under the illusion you’re doing strategic planning.

Whether I call it 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 and every employee under them 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, however, working with National and International companies, approximately 95% of them have strategic plans, but only 3 to 7 % implement them consistently and effectively; most of these beautifully made documents start collecting dust after a mere 4-6 weeks after their launch. For example, and this represents the majority, not the minority; I had one President share with me that his organization had just completed a yearlong, mid-six-figure, strategic plan creation project; and it was a work of art housed in a leather bound embossed casing. 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.

A plan will not and cannot do anything but suggest a way to go; its a map. It does not promote ACTION. People promote action but usually don’t know what actual steps they need to take next because it requires them to do and be different than who and what they were 5 days before and leadership doesn’t know how to help model new behaviors. There are a lot of steps and stages that must be taken and met for a strageic plan can do you and your organization any good. The first step in this process is to determine if everyone on the leadership team and then within the organization knows about the plan, understands the plan and then knows what steps THEY must take to help implement the plan. This quick and easy assessment will help you determine how well the plan is understood.

Leadership Team Competency

These questions will help you and your team discover if you are ready to implement your strategic plan or if you must slow down and make sure everyone knows what the objectives are and their place in helping the company achieve those objectives. So many times I witness leadership going in one direction only to turn around and watch the rest of the company heading off in an entirely different direction–strange but, unfortunately very true.

Now for the assessment:  For ease of wording I use the term “leaders.” I suggest you mentally use all people of authority in your organization including executives, supervisors, directors, managers, assistant managers and so forth. I suggest you use a 0-5 Lickert Scale, where zero means “none of the leaders” and five means “all the leaders.”

  1. Your leaders understand the strategic plan and are able to successfully set department goals in support of the strategy?
  2. Your leaders lead meetings in which strategic issues are discussed in relation to operations?
  3. Your leaders, if asked, could provide a priority list of issues directly related to strategy implementation for which they are responsible?
  4. Your leaders set their subordinates’ goals and objectives according to the strategic goals that relate to their operations?
  5. Your leaders evaluate, reward, and promote their people with strategic goals in mind?

 

How did you and your Leadership team do? 

If you Scored…

Then…

High: 4′s and 5′s You are probably doing well despite economic or industry conditions.
Midrange: 2′s and 3′s You are doing OK, but now you know who/what needs improvement.
Low: 0′s and 1′s 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 vs Working Smart

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. For additional information on any or all of this material, please contact Kelly@InternalBusinessSolutions.com so we can schedule an appointment for you and i to speak about how to improve you and your company.

 

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 3:38 PM

08 19 2013

How to Create an Office Environment where Change Initiatives can Flourish

Business Management Consulting, Business Success, Communication Issues, Mergers: How to Manage & Coach People Through Change, Mergers: How to Manage Organizational Change

Aug 2013

How to create an office environment where change initiatives can flourish

This is where you are, but… THIS is where you WANT to be…
We find ourselves re-doing our project plan and spinning our wheels. People are not working as a team. Increased cross-functional collaboration and communication. Higher degrees of participation from all members, at all levels. Less “failure work;” problems solved the first time.
People within and between departments are not communicating well. Creativity and synergy are poor or non-existent. Employee morale is down; absenteeism and attrition are up. Higher and more consistent morale. A high level of creativity and discovery are generated. The benefits of diverse thinking and multiple perspectives are captured in the moment. Valued staff and customers are retained.
Customer retention rates are sliding due to loss of key employees and our directional changes. Improved image of company or division within industry or community. New ideas and solutions to solve difficult problems.
Current systems and processes are generally less than optimal. People seem paralyzed about what steps to take next. People have initiative and take action. A professional, safe and encouraging work environment exists for all. People feel safe to challenge the status quo; existing beliefs about how the organization works and new ideas about how to improve the organization are stimulated. Discussions on positive change and finding creative solutions to new problems occur formally and informally. The focus is on maintaining a learning organization approach.

Achieving a Positive Change Climate

Charles Darwin theorized the fate of a species was determined by how “fit” it was. Interpreting Darwin’s statement, one might think that only the strongest or the fastest species would survive. But, this would not be an accurate interpretation of his theory of the fittest (especially when it comes to the defining the most “fit” in the business world).

Actually, it was neither speed nor strength that Darwin was referring to when he spoke of fitness. Rather, it was the adaptability of a species that would determine its fate. Similarly, evidence indicates that, just like in the animal kingdom, the survival of the fittest in the business world comes first to those who are able to change quickly and effectively in spite of tumultuous times in which cultural, environmental, and interpersonal changes are fast, fierce, and at times furious.

Organizational Change

To successfully navigate through change, it is essential that leaders, managers, and all employees gain an appreciation of one another’s challenges and needs. This vital first step will help to unify them as a team.

Second, the executives and managers need to identify and clarify for themselves and each other how they can help the organization achieve a more open climate; one which encourages an honest assessment of the situation, not one which merely seeks to puff leadership egos. When conversation is facilitated properly, employees will feel safe and be encouraged to share their insight. These are the hall-marks of creating a positive change climate. Are all of your employees confident enough to provide input on delicate issues or do they hold back and smile, or worse, share what they think leadership or management wants to hear? In either case, if people don’t feel safe enough to speak-up and try to help the department or company solve problems then leadership is driving partially blind and undercurrents of fear and chaos are actually controlling and driving your company!

Third, it is necessary to discover specific ideas (and belief systems) held by all your employees regarding change. Leadership and management often fail to recognize that outstanding ideas for improvement already exist in their people. If your employees are frustrated, obstinate, and difficult it may because they care and want to help but leadership doesn’t value their input. As a result, your employees have given up and….you have taught them to give up because of your silence, snide remarks, and interruptions. yes, they will smile and nod because they must keep their jobs but they are not working with or for you.  If any of this sounds familiar or upsets you……Congratulations, awareness is the first step. The second step is to call me or another specialist who can help you re-align your organization into an effective, fun and profitable company.

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

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 1:16 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