Strategic Planning: Determine Your Implementation Plan - dummies

Strategic Planning: Determine Your Implementation Plan

By Erica Olsen

Implementing your strategic plan includes several different pieces. Executing a plan can sometimes feel like it needs another strategic plan of its own. Use the following set of comprehensive implementation steps as your base implementation plan. Modify these steps to make them your own timeline and fit your organization’s culture and structure. If you have developed a scorecard, you will use it to track your progress.

  1. Finalize your strategic plan after obtaining input from all invested parties.

  2. Align your budget to annual goals based on your financial assessment.

  3. Produce various versions of your plan for each group.

    Use different parts of your plan for employees, management, and your board.

  4. Establish your scorecard system for tracking and monitoring your plan.

  5. Establish your performance management and reward system.

  6. Roll out your plan to the whole organization.

  7. Build all department annual plans around the corporate plan.

  8. Set up monthly strategy meetings with established reporting to monitor your progress.

  9. Set up annual strategic review dates, including new assessments and a large group meeting, for an annual plan review.