The decision to grow your organization requires a coordinated effort across the organization. You’ll need to consider adjustments to staffing, your products and services, as well as cash flow.
As the leader of your organization, you recognize all the functions and decisions that support, or detract, from achieving your growth goals. But there's often a key ingredient for success that's missing:
An operating plan.
Many organizations use an operating plan to clearly capture all the moving parts of a growth strategy.
An operating plan allows an organization to translate its larger strategy into specific, attainable details for key areas. The operating plan also helps an organization evaluate its progress toward growth objectives and make mid-course corrections.
YOUR ACTION STEPS
Develop an operating plan that clearly outlines what key areas of your organization need to do to accomplish growth objectives. Involve your leadership team in developing the plan and also have them participate in monthly or quarterly progress reviews.
