9 Steps For Integrating Strategy Into Your Performance Plan

by Victor Holman⁽⁴⁾
Lifecycle Performance Professionals

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 mins 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.

Yesterday I discussed the best way to execute a strategic plan, and 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

The Strategic Performance Management Planning Process can be found in full illustration, with supporting details for each phase in the Methodologies Guide.

You can learn how to implement a successful strategic plan into your performance planning process in the Lifecycle Performance Management Kit. If you are REALLY serious about implementing performance into your organizational strategy, my Organizational Performance and Best Practices Analysis identifies exactly how your organization can develop a strategic plan and map performance to organizational objectives.

About Victor Holman

Victor Holman is a business performance and growth strategy coach, consultant, international speaker, entrepreneur and creator of the Business Performance Portal. He has provided his expertise to over 50 government agencies worldwide and hundreds of corporations of all sizes. His goal is to help small businesses outperform their competition by applying business growth strategies and assessment tools that work for large, successful businesses. His highly acclaimed Insider's Secrets Club includes all the tools necessary to grow your business in the shortest amount of time possible.

He provides business consulting for small and large size organizations, business coaching, team performance workshops, and in-depth on-site business assessments for business owners trying to take their business to the next level.

You can access his FREE business assessment tools, business management kits, business training programs, videos, templates, and more at http://www.lifecycle-performance-pros.com

Article submitted Tuesday, August 11, 2009 & read 310 times.

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» left by Anonymous (1 year 289 days ago.)

Great article Victor! Your insight into performance management is amazing.
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