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Do You Have A Strategic Plan?

Like most people we have plans for our wonder HBR has articles stating
businesses. Strategic plans, budgets, corporations typically achieve between 30
succession plans and the like. The real and 60 percent of their planned financial
question is do you have a plan for your results! Executives typically cannott
life? wait to get back to their comfy corner
I have thought about this time and again offices and fight the fires they have
meeting and working with executives who become accustomed to. It is ingrained in
have taken on new roles in their them. That is what they think get paid
organization or taken on a new role in for.
another organization. They plan. They Nope. You are wrong. You get paid to
spend hours and days planning. They plan execute the strategy. How much time do
with others and they plan on their own. you spend on that? How do you tie that to
They plan the business from top to your own goals and strategies for your
bottom. Then they unleash the behemoth on life in all of this? Do you have a life
the company. We wont go into the success in all of this?
or otherwise of this exercise today. This is actually where the rubber hits
The one thing they dont consider is the road for executives. Most fail to
planning for themselves. Planning their recognize this. You need to look at what
lives. Now I am not a life coach or you are expected to do and figure out how
therapist but youd think that some where you do it and have a life.
along the way they would have figured out It is not that difficult. Just not done
they needed a plan for their own actions. too often. Here is my approach.
I say actions because a plan is pretty Sit down with a pen and paper not your
useless unless its acted on. People often PC. You need to think and doodle a bit.
have goals. Woopee. Setting goals has Ask yourself what were you really proud
become the thing to do in business today. of achieving last year?
People will sell you courses on setting On the work front and non work front what
goals. People will coach you in setting was great and downright awesome?
goals. HR folks chase you down until What did you really foul up last year?
youve filled in their form, decided on a Things that youd gladly never hear about
set of goals and had them signed off. again. Gotta be a few things
Wonderful. The problem with setting goals So if you look at those two lists, what
for a person is there is often no basis can you learn from them?
on what to set goals for. OK lose weight, From the good and the bad. Yes we often
increase my salary, win an promotion etc. learn more from our failures than
Well what do you base these goals on? I successes.
have seen business coaches, trainers and List those learnings.
HR folk giving people a form and saying Be proactive, stand up for myself, voice
give me your goals for this year. Guess my opinions, keep quiet until I know all
what? Whatever is written down is hooey the facts, etc.
and will never do a thing for anybody. Write three of them as life lessons for
All it did was place a check mark in a the way you would like to be this coming
box. Listed goals. Good boy, Sit. year.
Having said all that, its actually vital Be powerful, positive, in the present and
that you do in fact have goals but its very personal.
the process of getting you there thats List three values you associate yourself
going to make the difference between a with having
basic exercise and you actually achieving Decide what roles you have to participate
them. in this year.
So what does that mean? As in be a Board member, CEO, boss,
Well in business strategy we may follow friend, mom, dad, etc
the time honored a SWOT analysis or Then which is your role of prime
Porter Analysis and budgets. We may even importance for the coming year
be more creative, who knows. The fact of Write three goals for each role you
the matter is there are tools and selected. Or more
programs designed to help this. We take You should have about 25 of them.
the top team off to a great resort spend Select your top ten
a few days whip a plan into shape, often Write them as SMART as you can. Specific
with the help of some expensive suited Measurable Achievable Realistic and Time
consultant. Send off to the financial Specific (next year). This can be a topic
guys to model, make spreadsheets that of a whole article. Goals are usually
cant be interpreted but look as if some very poorly written. Write yours up and
real thought went into the whole process. e-mail me for some critique!
Jazz it up and get the Board to support Put it all on a single page use
it. abbreviations if necessary
As professionals what do we do? What is Write up action plans for each. Set
our role in this whole caboodle? Yeah we intermediate validation points and a time
sat through the weekend, played a few table. Check it weekly and monthly.
rounds of golf and swore blind this was Go out and achieve personal; and
the year we wouldd exceed all corporate success
expectations. Sound familiar? Yeah no Sound intimidating? It should not be.




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