Posted on May 6, 2013 @[email protected]

 

Strategic Planning Requires Planning

By Robert Boroff | Google +

Strategic planning is a popular catch phrase for developing long-term strategies to deal with a corporation’s growth and development – particularly for increasing profit margins.

 

However, a recent survey found that many executives are unsatisfied with their own company’s so-called strategic plans. If fact, many reported that their companies needed to develop more effective methods for developing a strategy and for implementing those plans, according to The McKinsey Quarterly, which conducted the survey.

 

Key findings of the survey, “Beyond Planning: Creating a Strategy That Promotes Alignment, Agility, and Accountability Best-practice Report”, offers tips executives across many sectors will find useful while developing a strategic plan:

 

  • Set up a solid planning and benchmarking structure.
  • Establish a strategic plan to drive accountability and alignment.
  • Empower employees to identify opportunities for improvement and growth
  • Involve every associate in the planning process, giving them a sense of ownership and thus making the implementation of the finalized plan smoother.
  • Make sure all departments are in agreement with the plan, and formalize the agreements.
  • Implement the three Cs – consistency, communication, and clarity – throughout the planning process.

Robert Boroff Executive Profile Managing Director Reaction Search International

•       Uses over 17 years of industry experience to provide clients with proven recruiting strategies that garner results

•       Leads a team of Executive Recruiters in fulfilling clients important hiring needs in a time and cost-effective manner

•       Keeps abreast of business and market trends in order to effectively consult clients on their hiring requirements

•       Skilled at using traditional and contemporary recruiting practices

•       Experienced in recruiting for a dynamic mix of industries, including Banking,Biotechnology, Construction, Consumer Products, Finance, Food & Beverage,Healthcare, Human Resources, Information Technology,Insurance,Marketing, and Medical Device, Pharmaceutical, Retail,Sales,Telecommunications executive search & recruitment

•       Seasoned in running full-size searches on a national scale that require multiple hirings under time-sensitive schedules

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