Implementation Techniques Can Improve Business Plan Success

04/19/2006


The fate of a firm's annual strategic business plan often resembles the outcome of our personal New Year's resolutions—forgotten and pushed aside. "Instead of sharing the annual business plan firm-wide, many leaders keep the details in the confidence of those senior staff members who designed it, then find they are nowhere near their goals by mid-year" says Sarita Peng, a principal with ZweigWhite. "By enlisting the help of the entire company, leaders will find they are no longer fighting a lonely uphill battle towards firm success."

Sarita shares a few tips for leaders who want to stay on track to achieve 2006 business goals:

• Don't keep it a secret. The success of the business plan depends on the support of the whole staff. Conduct a firm-wide meeting immediately following the planning retreat to unite and motivate the entire firm.

• Articulate measurable goals. By delegating action items and setting a timeline for completion, managers will be held accountable to making the firm's annual business plan a reality.

• Measure success regularly. Establish monthly meetings to discuss progress updates. Consistently referring to the strategic plan every month guarantees it will not be forgotten.

• Tweak plan as needed. Opportunities and issues may arise that demand unplanned action, or render certain action items counter-productive. Also, unforeseen obstacles can prevent people from attaining their goals, so flexibility is also instrumental to the success of the plan.





Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
October 2018
Approaches to building engineering, 2018 Commissioning Giants, integrated project delivery, improving construction efficiency, an IPD primer, collaborative projects, NFPA 13 sprinkler systems.
September 2018
Power boiler control, Product of the Year, power generation,and integration and interoperability
August 2018
MEP Giants, lighting designs, circuit protection, ventilation systems, and more
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Data Center Design
Data centers, data closets, edge and cloud computing, co-location facilities, and similar topics are among the fastest-changing in the industry.
click me