The same way we reach our personal goals is the same way an organization should reach it's goals. This article discusses 9 steps for integrating your strategic plan into a performance program.
We've all challenged ourselves at some point in our lives, whether it was a 5K run, a weight loss program, a school project, and so on. The first thing we did when we decided to accept the challenge was to set personal goals. Those goals may have been to run the 5K in 20 minutes or to lose 20 pounds in 3 months, or to get an A on that project. Next, we developed a plan to reach those goals within the desired time frame. Lastly, we executed the plan. Now, if we're really goal oriented, we set milestones and were constantly comparing our personal progress in relation to where we were in our plan. The same way we (hopefully) reached those goals is the same way an organization should integrate their strategic plan into a performance program.
Today I'm going to discuss how to integrate the strategic plan into your performance plan to ensure performance success. In the example above, integrating the plan into your performance plan takes place during the goal setting phase, when you were deciding what you wanted to accomplish and how you were going to get there.
I've developed a Strategic Performance Management Planning Process which integrates the strategic planning process into the performance management process, giving your organization the best chances at maximizing performance and achieving organizational goals. This methodology takes you from developing objectives, to developing a plan, to integrating your strategy into the performance management system.
Below are 9 steps that will help you ensure that your organizational strategy is integrated with your performance plan.
1. Develop Mission, Vision and Core Value Statements
2. Develop a Strategic Planning Process and Identify Organizational Objectives
3. Conduct Stakeholder Identification Analysis and SWOT/SWOC Analysis
4. Perform Gap Analysis
5. Align Key Processes, Projects, Systems, Workforce and Budget to Strategic Goals
6. Integrate Strategic Plan into Performance Management System
7. Integrate the Strategic Plan to Results-Based Budgeting System
8. Integrate Strategic Plan to Workforce Planning System
9. Integrate All Activities Into a Performance Management System
These are the high level steps to integrating your corporate strategy into the performance management planning process.
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