Employee Performance through Strategic Planning
Having a business strategy does more than planning out short and long term priorities for your company; it has a holistic effect on your people throughout the organization.
When your employees know where you’re heading and what your plans are as an organization, it is far easier to gain buy-in, excitement about the future and great performance on a consistent basis. Here are three of the benefits that come from creating and communicating your strategic plan to your staff.
- A strategy gives people tangible goals to work towards and achieve together as a team. Each goal has tasks assigned to employees in the organization with deadlines and targets that follow. Many times, the tasks involve getting multiple team member’s assistance; something they can celebrate together once successfully completed.
- It allows for an organization to correctly utilize human talent. As you’ve probably noticed in any office setting, there is always a range of capabilities amongst team members. Recognizing those talents and strengths in your people and letting them run with a task can be both beneficial for the company in efficiency, but also incredibly satisfying for your employee to contribute to the success of top business priorities.
- And very importantly, executing on a strategic plan builds strong communication throughout an organization. Each person must have access to the same up-to-date information as the next to allow them to complete tasks in a cohesive way. Encouraging regular and details ways of communicating, whether through a stand-up meeting, email or zoom call, will lead to more efficient performance and an honest, positive corporate culture.
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