Do You Have A Strategic Plan?

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