Set up your plan for success – questions to ask: Are the conditions and criteria for successful planning in place at the current time? Can certain pitfalls be avoided? Is this the appropriate time for your organization to initiate a planning process? Yes or no? If no, where do you go ...
Statement issued by Tony Backes, president and chief executive of Seattle Telco Credit Union; Average number of participants in strategic planning; Issues to be addressed by credit unions concerning the involve...
If so, does this mean you’ll focus more energy on the better performing area, or shift to help the underperforming areas? These are key questions you’ll have to assess. External inputs: You may find that outside factors are playing a role in the efficiency of your organization. For ...
“They invite some very challenging questions about priorities, all the way down to what we focus on and how we do things. To get that to happen, people need to own the question themselves. The only way you can get deep change is if staff at all levels are thinking about it.” In ...
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StratPro can help any leadership team find the alignment necessary to take their business to the next level. Here are some questions to ask if you’re wondering whether StratPro is the right program for you and your team: Have you defined exactly where your business is going? Is your entir...
As you begin to draft a new strategic plan, there are two questions you must answer early in the process: Who will you involve in the planning process and when? It is obvious to most leading the planning process that those at the top of the organization—those directing the most critical...
Design Clear and Relevant Questions: Make sure feedback tools like surveys or interview questions are easy to understand, brief and related. Avoiding questions that lead to a particular answer helps in keeping the responses unbiased. Concentrate on queries which can give useful understanding and balan...
Measurement and Feedback—the monitoring and feedback element answers the questions "How is the organization doing?" "What modifications and improvements are necessary?" Other elements of strategic management that are required for strategic planning to be successful are: Core...
As a business owner, you will most likely have employees. It is critical to inform them of your strategic plan so that they are on the same page and working towards the same goal as you. Including your staff in your strategic plan will instill a feeling of responsibility in their jobs th...