Monday, August 27, 2012

Monitoring and evaluation of strategic plans


Now you are ready with the torch that guide the organization's strategic plan. The essential requirements and the associated resources and the implications are well understood and based on them the Bible was prepared. Now all you need is the actual implementation of this theoretical laborious preparation.

This implementation is actually another point of reference in which different organizations tend to falter. Research and resources used for the development of strategic plans often organizations believe that everything they have learned and developed is optimum, and therefore needs no second thoughts. However, what has been ignored is the fact that plans can be tested only if they meet actual usage. Only a planning application or theory can not be a guarantee of complete success. Effective implementation produces the true picture.

This phase of implementation often results in a consequence which you must monitor and evaluate plans put in place to understand if you are moving in the desired direction. But, many experienced and learned thinkers tend to falter here. They believe that what ever has been devised is the best. However, it should be understood that what is large for a medium might be for others. Therefore, there may be loopholes. Therefore, it is suggested to maintain a flow rate of change based on monitoring and subsequent evaluation based on inputs and outputs. Each implementer must not be closed for these changes. Keep a chance to make changes!

Appoint personnel involved:
To obtain the desired make sure that the plan to appoint the personnel responsible for monitoring closely the implementation stages. The minute deviation from the project may render the whole loop in the center. The frequency of monitoring depends on the execution and distributed process.

Rating: Key Considerations
To evaluate the outcome of the strategy devised, try answering the following questions:

o Are the objectives being achieved?

o If no, what is the key reason behind the lack of realization of the objectives is the lack of coordination or poor planning?

o Are there adequate resources?

or employees understand and implement as desired?

o If the objectives to be changed?

o What are the learning outcomes?

What is the impact and implementation of future strategy?

Now that you have answered carefully analyzed the issues in, be sure to record and communicate the same in an easily understood manner. As these observations would go a long way in defining organizational strategy and growth associated.

Based on these observations and recommendations at various levels, to formulate guidelines for the desired changes in the overall strategy. These changes could be minutes or fundamental analysis, but note that the same would have been better managed and growing organization .......

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