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Don't Just Fly By The Seat Of Your Pants
Would it surprise you that most companies have no written and shared plan?
Are you and your company merely settling for operating OK?
Do you have a plan? Not some vague idea floating around your head, but an actual plan that is on paper and shared with employees.
Most companies out there operate in this manner and it generally leads to POOR performance.
This is not restricted to a specific industry either. We've worked with companies in transportation, manufacturing, distribution, nursing homes, you name it.
Your plan must be written down and everybody needs to understand how to make it happen.
Here are some ways to help create a plan that will work:
- The plan doesn't need to be complex. Often a 2-page summary works great.
- Break it down into two sections, 90 day goals and 1 year goals.
- Someone must be accountable for each line item.
- Each of the goals must be measurable or result in some form of a grade.
- You must train or educate your entire staff on this plan.
Once your plan is put together, any obstacles that stand in the way of your success need to be identified, investigated, and solutions purposed on how to remove it from your path.
As the plan is executed and things start looking better, you need to constantly go back and review the plan.
Ask yourself and your staff:
- What can we do better?
- Does this add value for our customers?
- Are these the right metrics?
Most companies have an extremely hard time getting through this simple process.
Does this sound familiar? Have you faced set-backs in previous planning sessions?
The key is to keep it simple, and work on a single section or a single goal at a time.
In many cases, having a skilled restructuring consultant can make a HUGE difference to the success of this plan.
Our clients began work on their plans immediately after our first meeting.
If you would like help setting up a plan that works email me at scotlund@genesisturnaround.com or give me a call at 248-396-1208.
Remember - Don't just fly by the seat of your pants, make a plan.
