Your Growth Blocker In A Nutshell...
The #1 reason strategic planning fails is not poor planning… it's poor execution.
Strategic Plans need to reinforce the company’s desired culture. A company’s culture refers to the attitudes and behaviors of a company and its employees. It is evident in the way the organization’s people interact with each other, the values they hold, and the decisions they make.
When a company has a strong culture, three things happen: 1) employees know how top management wants them to respond to any situation, 2) employees believe that the expected response is the proper one, and 3) employees know that they will be rewarded for demonstrating the organization’s values.
The Top mistakes with strategic planning:
- Too many strategic goals
- Goals are not tied to measurable outcomes
- Employees are unaware of the goals
- Performance measures are not aligned to organizational goals
- Organizational culture is overlooked
At its core, company culture is how things get done around the workplace.
Company culture is how you do what you do in the workplace. It’s the sum of your formal & informal systems and behaviors & values, all of which create an experience for your employees and customers.
A strong company culture has significant impacts on a company’s performance:
- Attract top talent
- Increased employee engagement
- Improved job satisfaction
- Drive company-wide innovation
What You Need To Focus On Now
Based on the very limited information you provided in the assessment, I would suggest that you start working on adding the following items...
Strategic Planning is the process of identifying an organization's long-term goals and objectives and then determining the best approach for achieving those goals and objectives. Key elements of a strategic plan include a Vision Statement, Mission Statement, and Core Values.
Strategy Execution is the implementation of a strategic plan in an effort to reach organizational goals. It comprises the daily structures, systems, and operational goals that set your team up for success. Even the best strategic plans can fall flat without the right execution.
Founder, Bench Builders
Why Do These Results Matter?
Because with this information you are on your way to dealing with your #1 growth blocker and building a better manufacturing company.
Hi - I’m Mike O'Neill, and I created this assessment to help you uncover what's holding your company back from growing and scaling in a way that makes you happy.
Over the last 40 years I've worked with clients from small to Fortune 500 manufacturing companies around the world as they scaled their companies quickly, building my knowledge of how to create the right recipe for success and learning how to pivot and avoid potential problems.
I have identified that there are 3 main areas of problems - people, process and planning.
And that led me to create this assessment, so you can get clarity about your primary growth blocker and leverage that knowledge to break down barriers and scale the way you want.
Ready to Take the Next Step?
If anything I've shared with you in your results made you think "it's time to do something..." then I want to extend a couple of invitations to you for how I can help you get back on the path of scaling faster & smarter.
Go ahead and book a free consultation with me. I can't guarantee that we're going to be the best fit to work together. But, what I can guarantee is that you're going to leave with something actionable and it will be well worth your time.