From the course: Business Development: Strategic Planning (2019)
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Developing metrics and accountability
From the course: Business Development: Strategic Planning (2019)
Developing metrics and accountability
- You've done it, you've built the perfect strategic plan and it looks great. Now what? You know you want to execute your plan but the question is, how do you do it? One of the biggest challenges with strategic planning and most of the resistance to strategic planning is that you build the perfect plan only to have it sit on the shelf and gather dust. So, how do you go from planning to implementation? The key to making your strategic plan stick is to develop action plans. An actual step by step mini strategy to ensure that you have a path to success. Action plans are simple and there are a couple of things you need to know about them before we jump in to development. Action plans are only for short-term goals. Why? Because that is the only part of your strategic plan you're going to be implementing right now. The key to implementing a strategic plan is to do it in small chunks. Strategic plans can be overwhelming and action plans are your path to breaking them down and getting them…
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