All about strategic planning and execution

 

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Strategic planning, as the term indicates, is the act of planning the organization’s strategy. Strategic planning is planning for the organization’s long run. Taking the steps required towards taking the organization to its strategic objectives is strategic execution. While strategic planning is the visualization part, strategic execution is the implementation aspect of this vision.
Strategic planning and execution are about taking steps to visualize the organization’s goals and objectives and prioritizing them. Strategy and direction have to be defined first in order to understand how the organization has to strategize its business. As a first step, the organization decides on the team that strategizes its business and who will lead it. It embarks on this action by deciding on its priorities and focuses its resources and energies towards meeting these objectives.
Taking employees and stakeholder along is important
An important element of strategic planning and execution is aligning the employees and the stakeholders to this strategy. Unless the management and the employees are on the same page, strategic planning and execution will be disorderly. Outcomes that strategic planning and execution seek to achieve have to be spelt out. The management has to decide how to make it happen.
Developing a document helps
A practical approach is to develop a strategic planning and execution document. Why this is necessary is that having a document to which to refer to in case of any doubt or misgiving helps the team stay on course. In the absence of a well drafted strategic planning and execution document, the whole exercise become fluid and directionless.
Different people can keep adding their opinions and perspectives, making a mess out of the strategic planning and execution endeavor. Shifting goalposts is a serious mistake in strategic planning and execution. Also, if there is something specific that people have to reach, it makes their work more organized and disciplined. The thought of reaching destination is also a great motivator.
Complete the strategic planning and execution with evaluation
It is also important for those in charge of strategic planning and execution to complete it with evaluation. Taking steps to sustain and maintain what is achieved as part of strategic planning and execution is an important finisher of the endeavor.
Everything that it takes to strategize for the organization and how to take steps towards strategic planning and execution will be the learning a highly interesting webinar from TrainHR, a leading provider of professional trainings for the HR industry will be offering.
Chris DeVany, founder and president of Pinnacle Performance Improvement Worldwide, a firm which focuses on management and organization development; will be the speaker at this webinar. This webinar has been approved for 1.5 HR (General) recertification credit hours toward aPHR, PHR, PHRca, SPHR, GPHR, PHRi and SPHRi recertification through HR Certification Institute (HRCI).
To gain thorough insights into how to plan and execute strategy for the organization, please register for this webinar by visiting http://www.trainhr.com/control/w_product/~product_id=701598?wordpress-seo .
Making learning on strategic planning and execution interesting
Chris will impart important thoughts and insights into strategic planning and execution at this webinar. He will explain some of the proven practices organizations have implemented and met with considerable success. He will explain a wide range of thinking that can be inculcated to make strategic planning and execution successful.
Through breakout sessions, practice exercises and case applications, Chris will help participants gain a wider perspective of strategic planning and execution. As a result of this learning on strategic planning and execution, participants will be able to:
o Identify the benefits of focusing on strategy
o Learn the different ways in which vision can be used in the organization
o Understand how to integrate strategy, objectives, metrics and performance
o Learn the new strategic patterns that are evolving in the business world and develop ideas for their application for their organization
o Discover when to use action plans to implement strategy and when a looser system is required.
Chris will cover the following areas at this webinar:
o How to structure the development of strategy for an organization
o How to ask strategic questions
o How to generate sufficient data and organize it into relevant information for use in developing strategy
o How your organization and the business environment in which it exists interact through strategy formation and implementation
o How resources reinforce strategic direction and influence results
o Positive means of engaging the organization in strategy formation and implementation.
http://www.balancedscorecard.org/Resources/Strategic-Planning-Basics

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