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Article #51: 6 Ways to Build a Stronger Strategic Plan

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So you've set some goals, you're feeling developing a strategy so that it's the
ambitious, and you've promised yourself right one for your organization. Not
that you're going to follow through. having a strategy is hard on a firm. But
You're determined to make this year having the wrong strategy, because you
better than the last. And hopefully, it just threw one together, can be
works out that way. But you've seen the disastrous. On the flip side, don't let
reality, too. In spite of a sensible plan the time frame hinder you from doing
and good intentions, most people find something, at least. It's better to have
themselves off course by March. Imagine some type of plan to follow, even if it
if you could uncover the cause, stay the isn't exactly what you want it to be
course, and get what you really want. The today.
answer lies in having a solid starting 4. Keep it simple. You can still be
point...a strategic plan that really thorough without running yourself through
works. the mill. Use the A-B-C approach:
Every year, we meet thousand of decision A. Establish what you want to achieve:
makers around the country in our STRATEGY.
consulting and speaking work. Like you, B. List available, realistic ways to make
they're smart, ambitious, and they're it happen: TACTICS
doing a decent job. But, they're also C. Select options that give the highest
often frustrated that they aren't doing rewards for the lowest output:
better. When we break down the element IMPLEMENTATION.
for them, we find that few if any of them 5. Follow the plan. Most plans are
have a good strategic plan they can work developed, and then put on a shelf. When
from. In fact, most of them don't even (or if) they're finally taken off the
know how to create one. shelf for referral, you usually have to
The following is a mini lesson in blow the dust off them. Not good. Senior
strategic planning. We don't have a lot management is guiltiest of not following
of space, but here are some important the plan. A CEO should be able to clear
things to know when creating a basic everything off his desk and follow the
plan. plan daily if the plan is complete. He
1. Know the difference between a strategy shouldn't think it is meant for everyone
and a tactic. Strategy is the plan that but himself. Think of the strategic plan
defines where you're going. Tactics are as the road map you and your organization
the things you do and use to get to the use to follow your intended path. If you
destination. Sounds simple, right? You were to drive from California to New
probably already know this, right? Take a York, you would use a map of some sort.
closer look at any list of goals; you You'd refer to it to make sure you took
will find that many of those goals are all the turns and exits you need to
tactics. This is the reason most New follow the right roads, prevent getting
Year's resolutions and company goals are lost, and get where you want to be. The
off track by March. same with the corporate map.
2. Be specific. A few words can make all 6. Be flexible. If, during the course of
the difference in the direction you take the year, you find that the plan needs
your firm, and the tactics you use to some tweaking, you can certainly modify
implement a strategy. it. Be careful not to switch directions
Vague statement: We will improve customer too often, as this will discredit you and
service response time. your plan in the eyes of its followers.
Specific statement: We will improve But, make sure that the plan is working
customer service response time will drop in the best interests of the
29%. organization, even if that requires a
Can you see how a few words change the sensible, justifiable change here and
way you might approach a challenge or there.
opportunity? Using these tips alone, you should be
3. Engage the aging process. Like great able to develop a stronger strategic
wine, the making of a strategic plan plan...one that will endure through the
takes time. A strategic plan is NOT built unexpected trials that arise through the
during a weekend retreat! It evolves out year, also. We hope this year is one full
of thoughts, research, information, and of growth and success for you. Good luck.
experiences. Spend some real time






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