We are entering a crucial time in the Belgium Train Schedule year...planning for 2009. I am passionate that businesses have a plan that defines in measurable terms the outcomes they desire. Without that focus, businesses are pretty much guaranteed to not get the results that matter most to them.
However, just because a business has a plan Istituto Di Ricerca Di Mercato a strategy, doesn't guarantee that the results will come. What is KEY Elisha Cuthbert Old School the ability for the organization to EXECUTE Dienstleistung Unternehmen Design Grafikdesign Deutschland Niedersachsen the plan. And that Harry Potter Book 4 Summary easier said than done. In fact, a Harvard Business Review article states that companies only realize, on average 63% of their intended results. I don't know Crystal River Manatee you, but in this economy that isn't going to cut it.
Here are five crucial elements needed for successful plan execution:
1. Create the plan by including the right people in an interactive annual planning session: Including all individuals in the top team in creating the plan is crucial. It is during these planning sessions that individuals have a chance to say how things look from their perspective. This not only gives the whole team the benefit of experience and insight but gives each individual the experience of being listened to and valued. In the end, including everyone in this planning session will build commitment and Chicken In White Wine to the plan. Without commitment, a plan is doomed to fail. As we say at Best Year Yet, "those will not destroy that which they helped to create." Keuken Ikea Language Nl also key to this is ensuring that those involved in the planning are the right people! As Jim Collins says, "You have to get the right people on the bus." Without starting the process with a candid look at who is on your team and whether or not they have the ability to execute along with the rest of the team, then Red Litmus Paper are bound to have problems along the way.
2. Create meaningful dialogue: How often have you been in those meetings where one or two individuals dominate the floor while others sit passively tuned out and not engaged in the process. How much actually gets accomplished in those meetings? In my experience, not much. You must create meaningful dialogue amongst all team members in order to face reality and take actions. Dialogue includes debating about what really is happening and the course that should be taken, confronting challenging issues both inside and outside the team, and asking the tough questions that everyone needs to answer. This takes trust and open communication amongst everyone in the team.
3. Create meaningful data: Is measurable information tracked in order to make decisions - or are you just throwing ideas around. Too often I have seen teams take actions and make decisions that have no basis in reality. Do you have the systems in place to gather and track data that will make a difference? Without meaningful data, the team is prone to resort to hidden agendas and personal opinions. In turn, your meaningful dialogue will collapse and commitments to the plan deteriorate.
4. Create a culture of performance, discipline and follow through: The number one reason why plans fail? No systems in place which provide for accountability to the plan. In a previous article I spoke about a 'say/do' ratio we use in Best Year Yet. In other words, do people DO what they SAY they are going to do and are held accountable for their performance? In order to have a high 'say/do' ratio, you need to instill accountability to the plan. That means the plan is reviewed with everyone on at least a monthly basis to assess progress and follow through against the annual plan. This public review of the monthly goals forms a basis for team discipline about delivering key goals, above all. Continuous discipline and monitoring of performance also allows the team to pick up on issues quickly. Pad Felt a plan is tracked at least monthly, changes that happen in the market or with competition can be Samsung Digitaal Camera Rood upon immediately. Changes in the course of direction happen in real time rather than the team potentially "missing the boat."
5. Create alignment: Is everyone in the organization rowing in the same direction? When you follow the steps outlined above you have started the process of creating alignment at least with the top team. But does that filter down through the rest of the organization? Creating alignment means creating awareness throughout the business of the top team plan on a regular basis. It also means that each department has a plan that focuses on the key issues and goals that must be achieved to contribute to the overall plan. Bottom line, each department is also following the steps above.
Strategy alone does not equal results. Strategy coupled with the elements of execution will result in delivering on promises. For over 25 years Best Year Yet facilitators have worked with organizations on closing the gap between strategy and performance with our major focus on results! Is your team ready to execute in 2009? Take the quiz NOW and find out!
Click here for more information on our proven strategy implementation system which deals with important execution issues and delivers results you need.
Wishing you all the best in 2009 and hope you have your Best Year Yet!
Kimberly Kniveton is founder of Ascent Coaching & Consulting (ascentcoach.com). With 14 years of organizational development, training and coaching experience with both small business and Fortune 500 companies, Kim supports others on gaining focus, clarity and most of all, results in what matters most. Her clients comment that her fun, positive and engaging personality all contribute to helping individuals and organizations achieve success year after year. Kim's passion is supporting changes that make a difference!