Summary:
SWOT analysis, Business Logic, and Cultural Screen are three indispensable tools for businesses to use when developing their strategic plan. This author believes that SWOT analysis is the most valuable of these three because it can enable one to assess performance of certain functions from the macro level of the organization down to its micro level. However, resistance to change is inherent in any organization and management must understand and deal with it before monitoring can begin.
SWOT analysis, (strengths, weakness, opportunities, and threats), can be applied to any organizational unit, team, or individual. Performance audits often use SWOT analysis to establish how well the organization is performing in response to external and internal demands and influences.
Article Quote:
“For successful implementation of change to happen, there must be a progress monitoring to find out if the change implemented goes on according to plan, so that if there be deviations they can be corrected at the earliest possible time.”
Link:http://www.infobarrel.com/Strategic_Planning_and_the_SWOT_Analysis
Strategic planning begins with assumptions about future events. Utilizing the many tools available and dealing with resistance within the organization will greatly improve the chances of strategic execution performance. Monitoring results is the only way to see if your plan is working. Performance software enables users to drill down all the way into the individual worker’s daily prioritization of tasks and time. Without that ability, the plan stays on the shelf and becomes something only top management thinks about.
For more on strategic planning, see http://www.performancesolutionstech.com/category/strategicplanning/
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