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Friday, 25 July 2008
 
 

Our Strategic Plan is Done - Now What?

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Our Strategic Plan is Done - Now What?

Upon completion of the strategic plan, an operating plan for the upcoming year must be prepared. An operating plan is a schedule of events and responsibilities that details the actions to be taken in order to accomplish the goals and objectives laid out in the strategic plan. The plan ensures everyone knows what needs to get done, coordinates their efforts and keeps close track of progress. Operation/Branch plans must define the objectives, timeline and resources required to meet the growth objectives of the business unit, department or branch. This level of detail is unnecessary in a strategic plan itself - in fact, it would clutter up the presentation of the long-range vision: the strategic plan focuses on the end game and what your company will look like in five years.
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