To execute any project, operation or work, the first step is to prepare a concrete strategy. Strategy means deciding a sequence of sub-activities, sub-operations or sub-work under main activity. Once preparation of any strategy is done, the next step is the execution of that strategy. In this phase, all fail.
The reason behind is that, a strategy made
in the air-conditional boardroom by just analysing the previous conditions and
some assumptions based on situations. But as we know actual site conditions are
always different than assumed and previously experienced conditions. Board room
strategy and on-site strategy has only one difference.
i.e, LOOSE WORDS.
Ex. it will happen, additional resources,
engaged manpower etc.
These are some example of loose words which
are always used in board room meeting but on-site, these loose words become
strong words because it is made upon the fact-based situation on site.
Here are 5 rules for preparation and execution of any strategy.
1) Small and to the Point Strategy.
Strategies consisting of loose words, are very difficult to analyse in terms of the time and resources required to execute the
work. In actual operation, the probability of getting success on loose strategy
is only 10% to 20%.
So prepare small and to the point strategy
which has a narrow focus. Keep in mind that don't jump for big achievement
otherwise, the failure rate would be greater than the success rate.
2) Action Plan
After preparing a strategy, design an
action plan which will translate your statement into action.
3)Find out Right Person for Right Job.
Develop an organisational chart which
should consist, individuals, job responsibilities and their respective
department. Also, ensure that each department works independently but must have
coordination with each other. For all department must have one single leader
who manages, guide, operate and take a report from every department.
4) Periodic Meeting
Always do a periodic meeting with staff
members as well as those who are related to the project or activity. Strategic
meeting twice a week and review meeting must be done once a week.
5) Monitoring
It is all about performance measurement. It
means do strong monitoring during the execution of strategy. Because in
monitoring you only get to know that what are the loopholes in strategy and how
can it be rectified.
These are the basic five rule which will
help you how to execute boardroom strategy on the actual operation.
Conclusion of
the blog,
A good plan is like a road map: It shows the final destination and usually, the best way to get there
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