Monday, October 1, 2012

Plan Success For Your Business



Plan Success For Your Business
Realize the dreams you have for your business by developing the strategic plan to make it happen! Every organization should have a strategic vision of their future with a path to successfully realize their vision and any organization can develop a strategic plan. The most successful companies consider strategic planning vital to success, so add this arrow to your quiver.
Successful companies use strategic planning to gain the competitive edge by managing toward a grand vision. By operating under a mission statement, the organization aligns decisions with goals and focuses effort only on the things that equal success. An effective strategic planning process reveals the answers to three questions:
1) What are we doing today?
2) What do we want to do in the future?
3) What do we need to do today in order to achieve our vision of the future?
The process is simple and extremely powerful at empowering your organization to see clarity in their future and realize their daily actions achieve future success. Understanding the answers to the three questions enables your team to create action. This means today, tomorrow, this week, this month, this quarter; every moment is a step toward success because each accomplishment supports the grand strategy to achieve the future.
Business leaders use strategy to make operational decisions and guide tactical managers to accomplish the objectives of the company. A strategic plan begins with a mission statement that describes the overall purpose of the firm. Planners consider internal factors, such as resources and capabilities, and external factors, such as culture and government regulations, to establish long-term and short-term objectives. The strategy provides the framework for the functional departments to support the operating units to achieve the strategic vision of the company.
Managers need to ensure all aspects of the sales, marketing, and operational aspects of the business are integrated and synchronized with an overall business plan that explains the manner in which a product line or service will accomplish the company's goals. Because the leaders have made the decisions and provided the direction through analysis and long-term strategic planning, a company can maneuver the many obstacles involved in today's rapidly changing business environment.
Strategic planning provides the following:
Framework For Decisions - Strategic management involves the planning, directing, organizing, and controlling of a company's strategy-related decisions and actions.
Strategic Vision equals Strategic Action - A strategy is a company's game plan. By strategy, managers mean their large-scale, future-oriented plans for interacting with the competitive environment to achieve company objectives.
Strategic Awareness - A strategy reflects a company's awareness of how, when, and where it should compete; against whom it should compete; and for what purposes it should compete.
Organizational Focus - Strategy development enables success because all-levels understand the objectives, so they can provide input and assist in execution.
Organizational Effort - Strategic options are more comprehensive because of the levels of participants. Employee involvement creates "buy-in" and increases motivation to accomplish objectives
Seamless Operations - Gaps and overlaps are identified and reduced; therefore friction is reduced
Once your company incorporates strategic planning sessions as part of quarterly and annual objectives, your company will have the tools required to create a strategic plan that will achieve results.
By maximizing efficiency through consistent strategic innovation, a business can achieve consistent results. Randall Mauldin, President, Jack Quinn Solutions, LLC, is known for providing quality solutions for business growth by identifying options with recommendations and implementation strategies. For more information, visit http://www.jackquinnsolutions.com
Copyright (c) 2011 Randall M. Mauldin