Strategic Planning & BEST YEAR YET® Strategy Execution
Our strategic planning initiatives are not cookie cutter either. We are NOT planning consultants that will interview your leadership and then a week later drop a completed plan on your desk! We are facilitators and have facilitated and coached hundreds of planning sessions. Strategic Planning done right and then executed through a well managed process of tracking and accountability is an indispensable tool. Having a strategic plan can mean the difference between successful business growth and closing the doors.
There is no right way to do strategic planning. Each client has their unique needs and process. The requirements of a large corporation, a growing small business, a non-profit and a start-up are all different. Key to our success is spending the time with you to fully understanding what your needs are and what you want to accomplish. We make sure you get what YOU want and custom design each strategic planning initiative with you as a partner – that will deliver the results!
Nevertheless there are some common elements to almost all planning initiatives and, respecting that your organization may use different terminology, here are some examples and our approach:
- Creating a Vision
- Creating a Mission
- Developing Corporate Values
- Completing an AD-SWOT Analysis
- Developing Key Goals that will drive the plan
- Identifying shorter term Strategic Objectives required to achieve the Key Goals
- Identifying the 1 year Actions that will drive business planning
- Designing and committing to an implementation methodology, like the Best Year Yet process
Best Year Yet® Strategy Execution
Too many strategic plans made by outside consultants end up on the CEO’s shelf, collecting dust. They become expensive trinkets that suffer from Not Invented Here or Now What? syndromes. That leaves the CEO navigating the future without the all-important buy-in of their top team.
How do you get your team to work strategically all year? How do you get them out of their silos to work collaboratively? Pay them more? Chide them? Ride them? That’s no fun and it doesn’t work.
Can you quantify the loss in revenue when your plan isn’t delivered? Who or what do you blame when this happens? Two researchers wrote in the August 2005 Harvard Business Review about their findings when they interviewed nearly 200 senior executives from companies worldwide. On average only 63% of the strategic plans were delivered! More importantly they discovered the sources of the gap between plan and performance – failure to track key results, poor communication and follow through, bottlenecks invisible to top management, and a culture of underperformance generated by inadequate performance, year after year. No surprise there.
Making plans is the easy part. DELIVERING them is what distinguishes a high performing business from the pack. Execution is KEY.
So, how do you increase the effectiveness of your top team so they close the gap between your annual strategic plan and the performance you need? How do you generate built-in buy-in against a backdrop of time pressures and dysfunctional behavior?
The Best Year Yet System for producing results has been working with senior executives for more than 25 years. We’ve proven what we can do, year after year, client after client. We’re the catalyst that generates a culture of accountability to track who is going to do what and whether they deliver what they promise, month after month. Our results tracking software calling Producing Results Online® unleashes the power of positive peer pressure. Better results are achieved through this straight forward dynamic than anything you’ve ever seen.
Imagine summarizing all that needs to be done to execute on your strategic plan, during the next 12 month business cycle, into a clear, simple one-page plan. Imagine the satisfaction of your team working together to accomplish this result in less than two days! Imagine the impact on your organization when your entire top team gets on the same page and delivers the results they agree are critical for your success! What would that be worth to you?
Even better, suppose you actually saved time and energy delivering these results? Does that sound too good to be true? Success is not measured in effort alone. It’s a matter of setting clear priorities and holding people accountable for doing what they say they’ll do. During the next 12-month period we work with you, The Best Year Yet System shifts your culture to one where everyone is focused on producing the results that matter most.
Still not convinced? Read the extraordinary case studies of some of our clients at BestYearYet.com. With Best Year Yet Program Leaders working in 14 countries and cultures, we’re ready to work with your team to achieve the results you need.
Let us support YOUR success! Contact Gareth Wood Associates, your Best Year Yet Licensed Partner in Canada - 1 250 727-8104
Or Contact Us!.
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