Library's Business Planning Blog Library's Leadership Blog Library's Project Management Blog Library's Strategic Planning Blog As stated several times throughout this library topics (and in materials linked from it), too many strategic plans end up collecting dust on a shelf. Should priorities be changed to put more focus on achieving the goals? Should the goals be changed (be careful about making these changes -- know why efforts are not achieving the goals before changing the goals)? What can be learned from our monitoring and evaluation in order to improve future planning activities and also to improve future monitoring and evaluation efforts?
Monitoring and evaluating the planning activities and status of implementation of the plan is -- for many organizations -- as important as identifying strategic issues and goals. But planners should understand the reason for the deviations and update the plan to reflect the new direction. The frequency of reviews depends on the nature of the organization and the environment in which it's operating.
95% of the typical company’s workers are unaware of, or don’t understand, its strategy.
How to close the breach between strategy formulation and execution? Your OSM couples the units responsible for strategic planning with those performing the activities required to implement strategy—such as establishing budgets, communicating strategy to the workforce, and designing compensation systems that reward strategic performance. A corporate strategy that delivers on its promises. The Idea in Practice Design your office of strategy management to perform these functions: Create and oversee your strategy management system.
In turn, the chief executive might expect regular status reports from middle managers regarding the status toward their achieving the goals and objectives assigned to them. Usually the organization ends up changing its direction somewhat as it proceeds through the coming years.
Consider the impact of streaming video on companies like Blockbuster, or the advent of mobile phones on AT&T.
Companies must continually update their strategic plans to recognize and accommodate these types of changes.
The Consultants Development Institute's Series Facilitating Strategic Planning provides free online courses, downloadable tools and interaction with faculty to learn the core skills to facilitate strategic planning for any kind of organization. Most of the information in this topic was adapted from the book Field Guide to Nonprofit Strategic Planning and Facilitation.
Most of the information in that book applies to for-profits, as well. - - - Some Basic Descriptions of Strategic Planning -- and a Comparison to Business Planning - - - Some Different Models of Strategic Planning - - - For-Profit Versus Nonprofit Strategic Planning Benefits of Strategic Planning When Should Strategic Planning Be Done? Always First Do "Plan for a Plan" Strategic Analyses - - - Taking Wide Look Around the Outside of Organization (Opportunities and Threats) - - - Looking Around Inside the Organization (Strengths and Weaknesses) Setting Strategic Direction - - - Strategizing (identifying goals and methods to achieve them) - - - - - - Understanding Strategy and Strategic Thinking - - - - - - Do a SWOT Analysis of Results of Looking Outside and Inside the Organization?