Who is responsible for updating a strategic plan
Who participates in strategic planning can also influence whether or not the plan is implemented effectively.
You can learn a great deal about your organization and how to manage it by continuing to monitor the implementation of strategic plans. The document should also specify who is responsible to monitor the implementation of the plan and made decisions based on the results. Will the goals be achieved according to the timelines specified in the plan? Boards of directors should see status of implementation at least on a quarterly basis. Answers to the above key questions while monitoring implementation. Trends regarding the progress (or lack thereof) toward goals, including which goals and objectives 3. Any actions needed by management Its OK do deviate from the plan.For example, the idea that the subordinates of the head of a family run business could discuss going public, without the CEO being present is unthinkable.The idea that any executive could discuss diversification or an acquisition without the chief executive being there makes no sense.Contrary to popular practice in many sizable organizations, I therefore rule out, in most cases, the corporate strategic planning process being carried out by a specialist strategic planner, even if they are designated Chief Strategy Officer.No one other than the CEO has the authority to even mention some of the strategic elephants in some organizations.
Library's Business Planning Blog Library's Leadership Blog Library's Project Management Blog Library's Strategic Planning Blog As stated several times throughout this library topics (and in materials linked from it), too many strategic plans end up collecting dust on a shelf. Should priorities be changed to put more focus on achieving the goals? Should the goals be changed (be careful about making these changes -- know why efforts are not achieving the goals before changing the goals)? What can be learned from our monitoring and evaluation in order to improve future planning activities and also to improve future monitoring and evaluation efforts?