Thursday, September 17, 2009

How to Develop and Implement a Plan

Planning equals profit - Bill Aldrich

Goals require an established strategy for achieving them. A plan should be developed and implemented as part of the strategy. The following steps can be used to develop and implement a plan.

  • Define your overall goals, by asking questions such as "Why do we exist" and "What do we do?"
  • Thoroughly analyze your working environment, to identify opportunities you can exploit and threats yo may encounter.
  • Use the results to set objectives that you want to meet. These will create a standard against which to measure your progress.
  • Formulate a plan to achieve those objectives--what needs to be done, by whom, and by when.
  • Implement the plan, clarifying roles and providing support.
  • Monitor your progress to ensure you are on the right track.
ACTION POINT: Use the steps above to develop plans, large and small ones, that can be implemented and achieved.

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