Scott Fitzgerald said, āAn unread book is just a block of paper.ā I would argue that an unimplemented strategic plan is equally useless.
Iām a big believer in strategic plansāfor many reasons. The planning process is an opportunity to coalesce an executive team around a common set of goals and path forward, as well as prepareā¦
āStrategy without tactics is the slowest route to victory. Tactics without strategy is the noise before the defeat.ā Sun Tzu, Art of War
Sun Tzuās Art of War is certainly one of the most famous studies of strategy ever written, and the concept of having a tactical plan for achieving victoryāor in health and human services, an organizationāsā¦
The well-known saying āWhat gets measured gets doneā is often attributed to management theorist Peter Drucker. What he actually said was, āWhat gets measured gets managed.ā The basic notion is that if youāre measuring something, then the probability of you acting on the information you now have is a lot higher. The simple act ofā¦
Successful implementation of an organizationās strategic plan depends on many factorsāhaving a data-driven strategy, monitoring performance against metrics, having a well-defined process and action plan, an appropriate level of executive attention, communication, and collaboration. But one key issue is the inability of an organizationās human capital to change to make the plan successful. If theā¦
Strategy drives structureā¦or so says Peter Drucker. For chief financial officers (CFO), the reality is a little more complicated. There are many factors that influence a market-driven, scenario-based strategy, and in health and human services, those market factors are often changing quickly. This means that CFOs need to view organizational structure as fluid and continuallyā¦