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How to Succeed with Your Strategic Plans and Initiatives


 

This is a guest post by Peter C. Atherton, P.E.

There’s no question that strategic planning is essential for individual, team, and organizational success. Yet despite this, the vast majority of strategic plans and major strategic initiatives fail or fail to be fully or successfully implemented. 

Why is this the case and, more importantly, what can we do to ensure that we, our teams, and our organizations are on the winning side? 

https://engineeringmanagementinstitute.org/how-to-succeed-with-your-strategic-plans-and-initiatives/strategic planning
From my perspective as both a strategic planning participant at manager, principal, and firm owner levels and now as a strategic planning facilitator and execution consultant, here are the top 10 reasons most strategic plans and major strategic initiatives either languish or fail: 
 

1. No Real Desire for Change

This could be a function of already being on a well-defined and strategically aligned path to a better future. This could also be a function of organizations and leadership teams being content with “as is” or being trapped by today’s comfort, money, and momentum.   

2. Fear of Transparency

This can be a function of the organization’s history or individual and collective mindsets. It can take some time to arrive at what’s best. The fact is, however, that greater transparency in terms of sharing our mission, vision, goals, results, and the drivers of success is essential for both higher levels of engagement and performance.  

3. People Ranked Third

For those of us in the private sector, is our primary focus clients and revenue? If so, where do our people come in? Our people are our greatest assets when it comes to strategic plan “buy-in” and execution as well. No matter our sector, putting them at center also positions us to execute a better “war for talent” and to be able to grow and prosper through the “great resignation.”

4. No Urgency for New Action

It can be hard to invest in our future, especially when things are good — but it’s essential that we do. To succeed strategically, we must continuously adjust and routinely make bold moves. As leaders, we must have a healthy fear of the status quo and feel compelled to take active steps toward a better future. We must also be willing to count the internal and external cost of inaction.

5. Too Busy for Different

This can be at leader and manager levels or throughout our organization. No matter where the “busy” resides, it’s always leadership’s problem to solve. This is solvable through better strategy, capacity building, and discipline, but it must be addressed head-on if your strategic plans and initiatives are to succeed.  

6. Practitioners First

Despite the mandates for us as leaders (and senior managers!) to operate at higher levels, we often don’t. Many of us may need to do some “soul searching” and decide whether we want to be a “practitioner in a leadership position” or a “leader who also practices.” We can work with either and we can more confidently move toward the latter. We just need to know in order to build a plan and a team positioned to succeed.

7. Silos

Independent group revenue and profit goals aggregated into the company’s plan undermine strategic success. This operational model limits “corporate” investments and key leader ownership of shared results. Business and organizational structure evolution must be on the table for optimal and effective strategic plan execution.  

8. Non-attractive or Not Inspiring Enough Mission, Vision, and Values

The process to develop an attractive and inspiring mission and vision and fully define our values is often minimized. It shouldn’t be. It does take time, effort, iteration, and a new way of thinking — but without having these in place, how can we really leverage our differences?   

9. Not Putting in the Work

This can be as simple as realizing that the plan itself is not the goal. The fact is, establishing our strategic plan is just the beginning. One of the better analogies I’ve heard and shared is related to hiking. We can think of all the time, effort, energy, and focus needed to produce a great strategic plan as getting us to “base camp.” From there, the path to the top — our desired future — is much steeper and less defined. The better our preparation and team design and execution, the better our chances to achieve our best results — and to do so with greater engagement and harmony.  

This can also be related to having a “too streamlined” or “too narrowly” focused planning process. Our planning must be designed to dig into and address both the presenting as well as the underlying issues and opportunities in order to secure all the necessary buy-in and alignment to succeed. Not doing so is equivalent to making it to “base camp” with too few resources and too limited a team for the climb that matters most.  

10. Lack of Communication

A full commitment to communicating the plan, goals, initiatives, results, and the “road ahead” is required in order for the strategic plan or initiative to be understood, embraced, and acted upon. The strategic goals must be effectively communicated throughout the firm and integrated into almost every facet of operations. When we grow weary in our communications as leaders and leadership teams, we’re on the right track and the word is likely just getting out. We must never stop being excited about our future or our fully executed strategic plan if it is to succeed.    

https://engineeringmanagementinstitute.org/how-to-succeed-with-your-strategic-plans-and-initiatives/strategic planning
Effective strategic planning and execution is a process. There are certainly important and meaningful milestones along the path, but implementing a survey and having a one- or two-day retreat followed by a report and a commitment by a few key people does not — and will not — work for most. 

Strategic planning and execution is ultimately about choices, sacrifices, and investments in how best to balance and leverage the best of our past and present with the better future of our choosing.  

To truly succeed where few others do, we need to do things differently.  

My hope is that by understanding and proactively working to avoid the elements on this list, you’ll be better positioned to realize your better future both faster and more effectively.  

About the Author:

https://engineeringmanagementinstitute.org/how-to-succeed-with-your-strategic-plans-and-initiatives/strategic planningPeter C. Atherton, P.E., is an AEC industry insider with 29 years of experience, having spent more than 24 as a successful professional civil engineer, principal, major owner, and member of the board of directors for high-achieving firms. Pete is now the President and Founder of ActionsProve, LLC (www.actionsprove.com), author of “Reversing Burnout. How to Immediately Engage Top Talent and Grow! A Blueprint for Professionals and Business Owners,” and the creator of the I.M.P.A.C.T. process.   

Pete is also the host of The AEC Leadership Today Podcast and leads The AEC Leadership Mastermind 

Pete works with AEC firms to grow and advance their success through modern and new era-focused strategic planning, executive coaching, leadership and management development, performance-based employee engagement, and corporate impact design. Connect with him at [email protected] 

We would love to hear any questions you might have or stories you might share about how you plan to succeed with your strategic plans and initiatives. 

Please leave your comments, feedback or questions in the section below.

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To your success,

Anthony Fasano, PE, LEED AP
Engineering Management Institute
Author of Engineer Your Own Success



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