Writing A Business Plan – Part 3
Think of your strategies and actions as the tasks you need to achieve by a certain date to complete an objective. These connect the dots between where you are today and the future goals you want to achieve.
Closing the gap between objectives and strategic actions is often challenging for companies. That’s where operational alignment comes in. This ensures that everyone in the organization is working towards the same objectives while executing their own specific actions that support organization-wide goals.
Think of your strategies and actions as the tasks you need to achieve by a certain date to complete an objective. These connect the dots between where you are today and the future goals you want to achieve.
We’ve heard it time and again – the area where most companies fall short is in strategy execution. They spend countless hours up front planning and engaging their staff in providing solutions and getting their input on the key strategies. But then when they begin to implement them, they usually fall short of plan. Why?
Two prime ministers are sitting in a room discussing affairs of state. Suddenly a man bursts in, apoplectic with fury, shouting and stamping and banging his fist on the desk. The resident prime minister admonishes him: “Peter,” he says, “Kindly remember Rule Number 6,” whereupon Peter is instantly restored to complete calm, apologizes, and withdraws….
By Eric A. Denniston, Managing Director, Denner Group International There are some interesting future trends to be tracking regarding the the CFO ROLE and the business domain he/she leads. Technology and in particular shared technology is one of the key drivers in how their role will be changing over the next ten years. Shared data…
Jeri Denniston, Chief Marketing Strategist, Denner Group International Takeways: Employee engagement is still lacking in organizations. Job satisfaction numbers have not changed much since 2010. More than 85% are actively disengaged and have no passion for their jobs. In 2010 I published an article (Employee Satisfaction a Critical Component of Success) about how employee satisfaction…
By Jeri Denniston, Denner Group International. September 27, 2013 Takeaways: Obamacare will impact individuals and business alike. Small businesses in particular face some unique challenges. National Federation of Independent Business offers information about the impact of the national healthcare reforms. Oct 1 kicks off the enrollment period for January 2014 implementation of Obamacare health insurance…
By Eric Denniston, Denner Group International – April 2013 (Lead – Think – Plan – Act) Takeaways: Criteria for an integrated enterprise strategy management tool. Using a software tool for greater success and higher performance in tracking, managing and executing strategic initiatives. Reinforcing the importance of linking strategic tasks and cascading projects up and down…
Jeri Denniston, Chief Marketing Strategist, Denner Group International June 2013 Meetings are a necessary part of business whether we like it or not. More and more frequently people are meeting via the computer with counterparts who may be spread across the globe. This requires key skills to ensure these are successful virtual meetings. Some are…
By Jeri T Denniston, Chief Marketing Strategist, Denner Group International 5-17-2012 Takeaways: Leaders can be developed although being born with the key talents gives one a head start. In-born qualities may only emerge through training. If no training is provided, then those qualities may lay dormant. Those who believe leaders are mostly born tend not…
By Jeri T Denniston, Chief Marketing Strategist, Denner Group International 11-18-2012 Takeaways: Team motivation starts with the manager who must demonstrate self accountability, and modelling the right behavior. He she should also share the big picture, and provide timely feedback, among other things. From an article by Steve Tobak / MoneyWatch / November 12, 2012…