Every organization, regardless of the nature of the enterprise,
functions within three fundamental areas: Strategy, People
& Operations. The key to realizing optimum performance and
maximizing shareholder Return On Investment (ROI), is ensuring
the organization’s processes, systems and tools are
working in harmony with its people. A significant number of
businesses, however, operate day-to-day devoid of any long-term
plan or forward-thinking strategy.
I’ve spoken with small business owners, presidents of
midsized corporations, and executives of national organizations
that have stated unabashedly, “I’m satisfied with
the overall return.” If they were aware of the dollars
being left on the table, many would gain a different
perspective. A strategic plan is a simple tool that provides
direction and means to reasonably measure an
organization’s overall performance; thereby minimizing
those instances of leaving profits behind. Businesses operating
with a clear focus, by design, achieve a much higher level of
success than those operating by
default.
Many of us would agree that children function with a lot more
confidence and at a higher level of achievement, if a
fundamental structure is established and carried out. Adults
are nothing more than grown up kids; and we, too, appreciate
direction and a certain level of structure and planning in our
lives, as well as our work.
To provide personal relevance to the topic of strategic
planning, I’ve equated the fundamental elements of the
process to taking a trip: Undeniably, every individual who
plans a trip needs to first know where they’re going (Vision), how they’re expected to
behave along the way, considering the cultural nuances of the
journey (Values), and what they need to
do to successfully reach their destination (Mission).
It is sound business practice for every organization to have a
strategic plan outlining the focused journey for its people. A
clearly communicated planning solution, together with the expectation
of accountability and follow-through, is the first step toward
achieving a performance culture. Although strategy and
operations are key elements integral to any strategic plan,
people comprise an organization’s culture, and culture
drives bottom line ROI.
Rhonda Robinson, Principal & Corporate Strategist
Robinson Enterprises, LLC
www.RobinsonROI.com
Strategy, People & Ops
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