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services:tactical_planning [2022/01/08 12:14] – [Why Do Companies Need Tactical Planning?] rrandall | services:tactical_planning [2022/01/08 12:29] – [Why Do Companies Need Tactical Planning?] rrandall |
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===== Why Do Companies Need Tactical Planning? ===== | ===== Why Do Companies Need Tactical Planning? ===== |
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Thomas Edison said, “Vision Without Implementation Is Hallucination”. | Thomas Edison said, “//Vision Without Implementation Is Hallucination//”. |
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Far too often, executive management establishes strategic objectives without fully considering all of the actions necessary to achieve each individual objective. For example, strategic planning often includes objectives to increase revenue from sales by a certain percentage (e.g., expanding to new markets). However, without knowing the actual process capability (Cpk) of its current production or service processes, the objective may be impossible to achieve. Consequently, the objective may require significant investments in equipment and personnel to support the achievement of the objective. | Far too often, executive management establishes strategic objectives without fully considering all of the actions necessary to achieve them. Consequently, when management unexpectedly encounters obstacles that appear difficult to overcome, the "Strategic Plan", developed with the best of intentions, ends up languishing on a shelf. |
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Quite often, when management unexpectedly encounters obstacles that appear difficult to overcome, the "Strategic Plan", developed with the best of intentions, ends up languishing on a shelf. | |
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While many management books focus on strategic planning, there are very few books addressing the challenges of implementing the strategic plan. | While many management books focus on strategic planning, there are very few books addressing the challenges of implementing the strategic plan. |
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A "Tactical Plan", coupled with implementation activities, allows management to identify obstacles, break them down, and overcome them at a continuous pace. When management can monitor the progress being made, they're inspired to continue pursuing each objective through to completion. | A "Tactical Plan", coupled with implementation activities, allows management to identify obstacles, break them down, and overcome them at a continuous pace. When management monitors the progress being made toward its objectives, adjusting actions as needed, they're inspired to continue pursuing each objective through to completion. |
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===== Randall's Approach to Tactical Planning ===== | ===== Randall's Approach to Tactical Planning ===== |
As obstacles are identified, these are entered into the Fishbone diagram as "Major Obstacles". Once a Major Obstacle has been identified, the questions should shift to "//And what obstacles are preventing us from eliminating that obstacle?//". This line of investigative questioning is similar to the "5 Whys" used in root cause analysis. However, the purpose is shifted to identifying the contributing obstacles rather than attempting to understand why they exist. | As obstacles are identified, these are entered into the Fishbone diagram as "Major Obstacles". Once a Major Obstacle has been identified, the questions should shift to "//And what obstacles are preventing us from eliminating that obstacle?//". This line of investigative questioning is similar to the "5 Whys" used in root cause analysis. However, the purpose is shifted to identifying the contributing obstacles rather than attempting to understand why they exist. |
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{{ :articles:strategic_planning_fishbone_example.png?800 |}} | {{ :articles:strategic_planning_fishbone_example.png?direct&800 |}} |
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