Excerpt:
It has probably happened in your organization. Plans are made in a one or two day marathon planning session, then the team disperses to return to their regular day jobs… with the best of intentions to follow through on completing the action items assigned to them… What we have here is a failure to execute. Why? Because the strategic plan was not really “operationalized” by putting real meat of the bones of the plan. That means defining the initiatives to implement the plan in accordance with a work breakdown structure addressing all of the programs associated with plan goals and the major initiatives underneath those programs (translation: budgets, resources, timelines, deliverables, accountability structures, etc.).
Here is an article we recently read titled, “The Most Important Part of Strategic Planning: Operationalizing Strategy” that was published in March, 2012 by Method Frameworks.
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