A lot of firms have a solid strategic plan, but it's not implemented well," says Jaian Cuttari, CEO of Veltrust, a global consultancy and investment firm that assists businesses with strategic planning. Have you made a strategic plan for your company but are unable to put it into action? The lack of time, money, and support to carry out the initiative will be a problem. So, if you want to move forward with the strategic plan, you must first implement it and stay on track.
So, here are a few points that assist you in putting the strategic plans into action:
- Make sure you have enough resources.
- Assign a team responsible for implementation.
- Conduct regular review sessions.
- Keep an eye on your key performance indicators.
- Keep all of your teams informed about the strategy.
- Prepare the culture of the organization for change and innovation.
- Be open and honest about your strategy.
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