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Published
Oct 15, 2021
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Strategy is the foundation of any business. Having a written plan that formalizes individual actions in areas such as business development, operational efficiencies and human resource management can help the business, ownership and family be on the same page. This is particularly true when employees have very clear actions on how to accomplish their tasks to help a business reach its short- and long-term objectives.


Transcript

Matt Kerzner:I've already walked you through at a high level the strategic roadmap process in a previous video. What I'd like to do is talk about the last step in this process, which is individual actions. Once you've put the goals together for the entire organization and you start cascading them down by department, then it's time to put individual goals together, so everybody is rowing in the same direction. It is extremely important that every employee knows what's expected of them and how they're going to be monitored in this process.

We will put together with you a performance feedback process where all employees will be held accountable for goals that are going to help the strategic plan come alive. We already mentioned business development, operation efficiency, and people. This cannot be done just at the executive level. Every employee needs to put their fingerprints on this process. And by cascading those goals down and putting a performance feedback process together is only going to make your organization row in the same direction and make this strategic plan come alive.

 


Strategic Roadmap Video Series

Strategy is the foundation of any business. Having a written plan that formalizes goals in areas such as business development, operational efficiencies and human resource management can help the business, ownership and a family get all employees (both family and non-family) to be on the same page.

Video Series

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