Implementing the
Strategic Plan:
Getting Companies to
Walk the Talk
Presented by:
Wm. (Chip) Valutis, PhD
Principal, Valut...
Strategic Planning
What it “should” be:
A continuous, systematic process in
which people make decisions about
intended fut...
1. A two day retreat that generates
great ideas, but they are quickly
overshadowed by the daily fires,
political games, an...
2. An edict from the
President as to what
people had better start
doing if they expect the
company to stay alive or
intend...
Reasons Companies fail to	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Walk the Talk
1. Neglect to establish the
prereq...
Prerequisites for Successful
Strategic Planning:
1. Awareness
2. Motivation
3. Ability
4. Opportunity
5. Feedback & Reward
Prerequisite #1:
Build Awareness
• Will employees know the plan exists?
• Can they understand what it means?
• Can you ens...
Prerequisite #2:
Check for Motivation
• Do employees care?
• Will Motivation be internally or
externally generated?
• Are ...
Prerequisite #3:
Assess Abilities
• Can employees do what is expected of them?
• Is the raw talent available? Are the nece...
Prerequisite #4:
Create Opportunities
• Are there opportunities to get
involved?
• Is there appropriate influence in
the p...
Prerequisite #5:
Prepare to Provide Feedback &
Consequences
• How are results measured and impact known?
• Is feedback acc...
Top Down Bottom Up
Customized
Integration
An Integrated Approach
Positives Aspects of
Top Down Planning:
• Provides a very focused effort
• Easier to control and implement
• Tends to fit ...
Negative Aspects of
Top Down Planning:
• Limited buy-in, understanding or
commitment from employees
• “It’s not my job” mi...
Positive Aspects of
Bottom Up Planning:
• Creates a sense of involvement and purpose
• Encourages responsibility, accounta...
Negative Aspects of
Bottom Up Planning:
• Takes longer and often delivers
inconsistent results
• Reduces accountability an...
Goals of Customized Integration
• Fits the needs of the business
• Fits the needs/abilities of the
workforce
• Is adaptabl...
Components of an Effective
Strategic Planning Process
1. A Plan to Plan
2. Clear Mission, Purpose & Values
3. Ten-year Vis...
Concluding Thoughts
• Successful planning requires preparation,
commitment and discipline
• Plans are nothing - planning i...
Valutis Consulting is a full service management consultant firm.
Our approach is to investigae and understand organization...
Upcoming SlideShare
Loading in …5
×

Implementing the Strategic Plan

886 views

Published on

Published in: Business
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
886
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
24
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Implementing the Strategic Plan

  1. 1. Implementing the Strategic Plan: Getting Companies to Walk the Talk Presented by: Wm. (Chip) Valutis, PhD Principal, Valutis Consulting, Inc.
  2. 2. Strategic Planning What it “should” be: A continuous, systematic process in which people make decisions about intended future outcomes, how outcomes are to be accomplished, and how success is measured and evaluated.
  3. 3. 1. A two day retreat that generates great ideas, but they are quickly overshadowed by the daily fires, political games, and/or employees who don’t want anything new/different when you return to work. Strategic Planning What it Often Becomes:
  4. 4. 2. An edict from the President as to what people had better start doing if they expect the company to stay alive or intend to keep their jobs. 3. An interesting idea presented by some “guru” at a conference that will get filed under “Not Applicable to MY Business” as soon as you return to the office. Strategic Planning What it Often Becomes Cont’d:
  5. 5. Reasons Companies fail to                         Walk the Talk 1. Neglect to establish the prerequisites for change and planning. 2. Lack of an integrated approach to planning 3. Poor or incomplete planning process
  6. 6. Prerequisites for Successful Strategic Planning: 1. Awareness 2. Motivation 3. Ability 4. Opportunity 5. Feedback & Reward
  7. 7. Prerequisite #1: Build Awareness • Will employees know the plan exists? • Can they understand what it means? • Can you ensure the plan clarifies the end, the beginning and the means? • Are you prepared to link across levels?
  8. 8. Prerequisite #2: Check for Motivation • Do employees care? • Will Motivation be internally or externally generated? • Are there consequences? • Is motivation self-sustaining? If not, how can we keep it going? blog.mapconsulting.com
  9. 9. Prerequisite #3: Assess Abilities • Can employees do what is expected of them? • Is the raw talent available? Are the necessary skills trainable? • Has the workforce/organization been prepared? • Do systems support your efforts?
  10. 10. Prerequisite #4: Create Opportunities • Are there opportunities to get involved? • Is there appropriate influence in the planning process? • Does your structure match or support the plan? • Is initiative welcomed? • Are parameters known & consistently followed? m4bmarketing.com
  11. 11. Prerequisite #5: Prepare to Provide Feedback & Consequences • How are results measured and impact known? • Is feedback accurate and is it valued? • Do employees see a clear connection to results/rewards? • Is there accountability?
  12. 12. Top Down Bottom Up Customized Integration An Integrated Approach
  13. 13. Positives Aspects of Top Down Planning: • Provides a very focused effort • Easier to control and implement • Tends to fit existing paradigm/structure • Can create faster results (survival needs) http://www.wpclipart.com
  14. 14. Negative Aspects of Top Down Planning: • Limited buy-in, understanding or commitment from employees • “It’s not my job” mindset • Encourages employees to “check their brain at the door.” • Builds unhealthy dependency on a select few; limits long-term growth http://www.wpclipart.com
  15. 15. Positive Aspects of Bottom Up Planning: • Creates a sense of involvement and purpose • Encourages responsibility, accountability and entrepreneurship • Elicits citizenship behavior • Stimulates innovation, creativity and change
  16. 16. Negative Aspects of Bottom Up Planning: • Takes longer and often delivers inconsistent results • Reduces accountability and consequences • Creates a “warm fuzzy,” but not results • Get bad decisions faster
  17. 17. Goals of Customized Integration • Fits the needs of the business • Fits the needs/abilities of the workforce • Is adaptable to changes in both • Promotes development & change achievedstrategies.com
  18. 18. Components of an Effective Strategic Planning Process 1. A Plan to Plan 2. Clear Mission, Purpose & Values 3. Ten-year Vision 4. Three-year Strategic Objectives 5. Annual Tactical Plan 6. Action Plans and Timetables 7. Roll-out, Monitor & Measure
  19. 19. Concluding Thoughts • Successful planning requires preparation, commitment and discipline • Plans are nothing - planning is everything • Walk the talk
  20. 20. Valutis Consulting is a full service management consultant firm. Our approach is to investigae and understand organizational issues, customize realistic solutions, and design practical strategies to move clients toward their specific business and personal goals. Our mission is to help our clients unlock the potential of their organization and its people. Please feel free to contact us with any questions or to schedule an appointment to discuss your organization’s needs and how we can help. (716)634-2553 CHIP@VALUTISCONSULTING.COM www.valutisconsulting.com - website www.the4thquarterman.com - blog

×