Strategic Roadmap: Individual Actions

October 15, 2021

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.

About Matthew Kerzner

Matthew Kerzner is a Managing Director in the Center for Individual and Organizational Performance and the Center for Family Business Excellence. Matt has more than 25 years of experience in organizational development with a specialization in assisting family businesses and closely held businesses.

More in This Series

Strategic Overview

EisnerAmper discusses the strategic roadmap process, and how we can help you and your organization put a plan together to look for three to five years out within your organization.

Strategic Roadmap: Mission, Vision and Core Values

Strategy is the foundation of any business. Having a written plan that formalizes your organization’s mission, core values and vision can help the business, ownership, family and employees be on the same page and can help the organization reach it’s short- and long-term objectives.

Strategic Roadmap: Objectives & Goals

When goals are written in a Specific, Measurable, Achievable, Relevant, and Timely manner, they can help individuals, departments, and the business reach their short- and long-term objectives.

Strategic Roadmap: Initiatives & Projects

Strategy is the foundation of any business. Having a written plan that formalizes initiatives and projects in areas such as business development, operational efficiencies and human resource management can help the business, ownership and family be on the same page. When leadership and employees understand what their deliverables are, how they measure success, and what is in scope and out of scope on what they need to accomplish can help a business reach its short- and long-term objectives.

Strategic Roadmap: Strategies and Measures

Strategy is the foundation of any business. Having a written plan that formalizes your organization’s strategy regarding deliverables and how one measures success in areas such as business development, operational efficiencies and human resource management can help the business, ownership and family be on the same page. When everyone in the organization knows what you will be accountable for and how you measure for success, that can help the business reach its short- and long-term objectives.