Business Plan Implementation

Discussion in 'Starting a Business' started by Ronald Williams, Oct 21, 2011.

  1. Ronald Williams

    Ronald Williams
    uix_expand uix_collapse
    New Member

    Joined:
    Oct 10, 2011
    Messages:
    25
    Likes Received:
    0
    Just a couple of questions for many of the new startups and businesses here.

    1. Do you / did you use your business plan as part of the rollout implementation process?

    Our research indicates that around 50% of startups are preparing business plans at inception or early stage so we're interested in hearing what happens after that. Are the plans being kept as static documents in the top drawer and never to be seen again? Are the plans actually being actioned as road map for business roll out?

    2. For those that are actually implementing their business plans (or parts of) what tools, techniques or processes are you using to do this?

    Specifically are you using any form of collaboration with co-founders / stakeholders or advisors to assist manage implementation? We find that some just use simple email messaging and calendars / tasks (MS outlook etc) to communicate, collaborate and project manage. Others are increasingly using cloud based software to manage these? Others still are using "post it notes" and the trusty old notebook.

    We're interested in hearing what many are doing here? (and perhaps why).
     
  2. audioenhancer44

    audioenhancer44
    uix_expand uix_collapse
    New Member

    Joined:
    Nov 10, 2011
    Messages:
    9
    Likes Received:
    0
    First, organizations successful at implementing strategy develop detailed action plans... chronological lists of action steps (tactics) which add the necessary detail to their strategies. And assign responsibility to a specific individual for accomplishing each of those action steps. Also, they set a due date and estimate the resources required to accomplish each of their action steps. Thus they translate their broad strategy statement into a number of specific work assignments.

    product design process
     

Share This Page