In some organisations this performance is published for the whole business to see demonstrating transparency to the workforce. Many entrepreneurs in smaller businesses bring the whole company to a planning session, but it can be difficult to have the whole team offsite for 5 days per year.
Remember that the catalyst is not only highly trained in the implementation of strategic planning and how the key elements come together to build a plan, but also how to drive a team through the stages of Core, Advanced and through to Mastery of the Rockefeller Habits.
This is a very simple principal we are working to. Well yes and there is a chance it will work well. What we are trying to do is to break the embedded system of Bell Curve Execution and make the initiative stick.
However frequent, this document should be owned by, and a focus of, the management board. March, June, Sept 1 x 2 day annual planning offsite i. With both of the one page plans an organisation can be made more effective in a relatively short period of time.
Working with the management team the creation of an OPSP empowers, engages and focuses the management on what is required and important to the organisations success.
Can you do it yourself? It should be critically reviewed regularly with the organisations performance actively measured against it. Why has it been such a success, well I think it has a lot to do with its simplicity? If you only take one thing away from this article, this is it.
And execution of the plan is simply about people doing the things that they agreed to when they say they would. Then in a public format at the planning day have each team member report on their achievements within the quarter and plan out the next quarter.
Ok, so what happens when all the strategic planning is done? At least that was my experience, and it certainly has been the predominant theme in conversations with the hundreds of business owners I have spoken to about the Rockefeller Habits, Scaling Up and Gazelles tools.
Dec Now call and book an offsite room for you and your team at a hotel or function centre for each of these days. I have seen businesses with 50 staff all reporting to a single CEO without any middle management and all that serves to do is make the CEO stressed and strung out.
It is not writing the plan that creates the success, it is the execution of the plan.
If you have just finished reading Scaling Up, attended a Gazelles workshop recently, or perhaps you have tried without success to implement the Rockefeller Habits into your business, these three tips should greatly improve your chances of structured growth to Scale Up. It would be remiss of me to not acknowledge at this point that I provide exactly this service, strategic facilitation for management teams at offsite planning days.
If 50 people are reporting to one manager who also runs the business, then those 50 people actually report to no one. That said, you need to make your own choices.
Measure and hold people accountable to the one or two most important numbers for their role and get out their way. Frankly Gazelles have over highly trained strategic facilitators around the world the most sought after of which work across several continents and you could select from one of those or another facilitator, but remember that this person must have credibility with your team, develop a culture of accountability, be able to push back and challenge when appropriate as well as deliver results the business needs.
Business is all about risk.
This plan should look no further than 12 months ahead and contain clear objectives, observations and the actions necessary to achieve the agreed strategic plan. Even better place a deposit for all days. But to simply copy the One Page Strategic Plan misses the point entirely.
The versatility of the OPSP allows you to create something which is unique to your organisation, allows measurement of the drivers important to you and can easily be changed to reflect the demands of trading.Created by Verne Harnish in his book, “Scaling Up: How a Few Companies Make It and Why the Rest Don’t,” this approach to strategic planning is meant to help businesses simplify their strategic priorities and create a plan.
Sharpen your Competitive edge. Subscribe to Verne's Insights, our popular free weekly e-newsletter. There has been much written about Verne Harnish’s One Page Strategic Plan (OPSP), with many variants freely available on the internet. Described as a ‘ planning process providing a proven method for management teams to undertake and execute planning’ the OPSP has become widely used by those in the know.
Since when Mastering the Rockefeller Habits was released I am going to suggest that the Gazelles One Page Plan is one of the most copied business planning tools in.
1) The original one-page plan 2) A modified plan that provides a listing for all four quarters on the right hand side of the document and.
business in their history; Dial One Printing added " ve points to their gross margin; Capital Recovery Group increased sales on a new service o# ering by %; and .Download