4. Execute and manage the plan - Deepstash

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

4. Execute and manage the plan

4. Execute and manage the plan

  1. Once you have the plan, you’re ready to implement it.
  2. First, communicate the plan to the organization by sharing relevant documentation. Then, the actual work begins.
  3. Turn your broader strategy into a concrete plan by mapping your processes.
  4. Use KPI dashboards to clearly communicate team responsibilities. This granular approach illustrates the completion process and ownership for each step of the way. 
  5. Set up regular reviews with individual contributors and their superiors and determine check-in points to make sure you’re on track.

218

138 reads

MORE IDEAS ON THIS

2. Prioritize your objectives (cont.)

2. Prioritize your objectives (cont.)

Prioritize your objectives by asking important questions such as:

  1. Which of these initiatives will have the greatest impact when it comes to achieving our company mission/vision and improving our position in the market?
  2. What types of impact are ...

219

229 reads

3. Develop a plan

3. Develop a plan

  1. Now it's time to create a strategic plan to successfully reach your goals. This step requires determining the tactics necessary to attain your objectives and designating a timeline and clear communication of responsibilities
  2. Strategy mapping is

219

143 reads

1. Determine your strategic position

1. Determine your strategic position

  1. This preparation phase sets the stage for all work going forward. You need to know where you are to determine where you need to go and how you will get there.
  2. Get the right stakeholders involved from the start, considering both inte...

221

210 reads

Use PEST Analysis

Use PEST Analysis

  1. An alternative to a SWOT is PEST analysis. Standing for Political, Economic, Socio-cultural, and Technological, PEST is a strategic tool used to clarify threats and opportunities for your business. 
  2. As you synthesize this information, yo...

221

314 reads

Objectives and Goals

Objectives and Goals

  1. Objectives should be distinct and measurable to help you reach your long-term strategic goals and initiatives outlined in step one.
  2. Potential objectives can be updating website content, improving email open rates, and new leads in the pipeline.

218

205 reads

5. Review and revise the plan

5. Review and revise the plan

  1. The final stage of the plan—to review and revise—gives you an opportunity to reevaluate your priorities and course-correct based on past successes or failures.
  2. On a quarterly basis, determine which KPIs your team h...

216

129 reads

Master the strategic planning process steps

Master the strategic planning process steps

  1. As you continue to implement the strategic planning process, repeating each step regularly, you will start to make measurable progress toward achieving your company’s vision.
  2. Instead of always putting out fires, reacting to the competition, ...

215

184 reads

Use a SWOT Diagram

Use a SWOT Diagram

  1. As a framework for your initial analysis, use a SWOT diagram. 
  2. With input from executives, customers, and external market data, you can quickly categorize your findings as Strengths, Weaknesses, Opportunities, and Threats (SWOT) to clarify your current position.

223

507 reads

What is Strategic Planning Process?

What is Strategic Planning Process?

  1. In the simplest terms, the strategic planning process is the method that organizations use to develop plans to achieve overall, long-term goals.
  2. The strategic planning process is broad — it helps you create a roadmap for which strategic objective...

230

1.16K reads

Notes to Self

Notes to Self

Over time you may find that your mission and vision need to change — an annual evaluation is a good time to consider those changes, prepare a new plan, and implement again...

217

205 reads

2. Prioritize your objectives

2. Prioritize your objectives

  1. Once you have identified your current position in the market, it is time to determine objectives that will help you achieve your goals.
  2. Your objectives should be in line with your company mission and vision.

220

334 reads

CURATED FROM

CURATED BY

dymphna

Lawyer turned Artist Visionary Curator & Gallerist. Empowering self-love and joy through art & words. www.innerjoyart.com 💝 Instagram : dymphna.art

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates