What – throw out Strategic Business Planning?
‘Tis the season for Strategic Business Planning as firms look ahead to next year. Too often these plans result in clichés such as;
We’re pursuing new opportunities…
We’re all in this together
This will be a win-win for everyone…
We’re taking the company to the next level…
The old way of developing a plan
These often result from a one-day retreat dominated by the CEO that does not effectively tap into the true intelligence of the management team.
A more effective way of planning
By contrast, I have worked with companies on a more effective business strategy which
starts with an online assessment that looks at over 90 business items. As a result, it digs into the root causes of issues and concerns. Then a one-day retreat is scheduled providing an opportunity to sort through the diverse views to arrive at alignment of the management team. This new way of planning creates management team engagement which in turn leads to implementation and actual results and outlines the top 5 priorities.
Engaging a team in the decision process gets more effective results versus the top down approach.
Outcomes you can expect
Clarity The management team sees the same issues
Alignment The team comes together on the issues facing the company
Focus They agree on what needs to be done now
Communication The process opens lines of communication
Priorities The many issues are distilled into the Top 5
Accountability Team members are assigned issues and report on progress in implementing changes
To learn more about how a Business X-Ray can be much more effective than the traditional Strategic Business Plan, contact me today. trwconsulting86@gmail.com