Archive for March, 2011

The Ways To Sustain Your Plan

March 31st, 2011

The Ways To Sustain Your Plan photoThe Business Process Mapping streamlines your internal ways of doing work. That is your fastest way to increase the bottom line. Your plan cannot be launched without support in the background. There are at least four support areas for the successful implementation of your plan. The four support areas are:

1. Business Process Mapping

2. Organizational change management

3. Leadership development

4. Management development

First you must clean up any organizational inefficiency found in the processes. This is done through Business Process Mapping (BPM). Don’t delay the implementation of your action plan until the process improvements are completed because they will never be finished and must be seen as ongoing initiatives. The BPM can and should run concurrent with your plan implementation.  A number of organizational change activities may also take place to support your plan. They may include activities such as restructuring the organization, an acquisition for growth, or restructuring the debt burden. Strategically realigning the resources and core competencies may be other examples of the organizational change necessary to support the future direction of your company.

Leadership and managership behavior must also be aligned with the plan. Little is accomplished by establishing a vision if leadership is remiss or by setting bold goals if the skill of managerial efforts is lacking. Actions for improving leadership functions and management behaviors necessary to match the plan requirements must be carefully programmed. During the sustaining phase you must pay attention to four sets of activities required to keep the planning momentum.

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The Six Steps To Diminish The Negative Impact Of A Troubled Situation

March 29th, 2011

The Six Steps To Diminish The Negative Impact Of A Troubled Situation photoSeveral actions are necessary if you have to initiate a contingency plan in the deteriorating situation. Here are six of the several actions:

1. Review all information to make a determination of the accuracy of the data. Is what you are seeing fact or fiction? Make certain that it is not a market reaction or some knee-jerk reaction by local management.

2. Revisit the plan to see how the developing data matches or mismatches your plan. Are you on your goal path or off? If off plan, how much is the deviation, and is it really a problem or a non-problem? This is where it gets tough. Every card-playing gambler knows there is a time to hold and a time to fold. Do you continue on your course (hold) or do you make a course deviation (fold) and do something different?

3. Review your assumptions. Did you miss your assumptions or have conditions changed that legitimately required alteration of your plan? Remember that assumptions are a trip wire for your plan. If they change you will have to either go into a revision of your plan or implement a contingency plan.

4. Recalibrate your goals if necessary. You may have to scale them back.

5. Communicate your revised plan to the company. Make sure everyone understands the conditions for change and what has triggered the new numbers.

6. Implement strategies and tactics. These steps should have been established during the planning conference. A crisis situation is not the time to be making up the rules.

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