How to strengthen planning and performance management?

Strategy & Policy

How to strengthen planning and performance management?

Initiatives & Activities

By Mansour Baker, SHRM-CP

Posted 17 March 2020

Establish comprehensive annual operational and strategic planning processes for company and all its departments.

Near Term (1-6 months) Initiatives

Establish comprehensive annual operational and strategic planning processes, including performance management and budget formulation.
Develop and implement annual strategic and operational planning calendar.
Develop updated operational planning template for all departments.
Conduct operational planning workshops with department heads and key staff to facilitate development of operational action plans aligned to company strategy.

Medium Term (6-12 months) Initiatives

Develop and implement operational plans for all departments, aligning to company strategy.
Create KPIs for all operational plans, collect data and report performance on a quarterly basis.
Develop a performance management system that monitors company performance progress.

Exhibit 1

Comprehensive operational planning processes to ensure successful department-level strategy implementation.

Objectives

Ensure successful implementation of company’s strategy at the department level.
Align organization priorities and goals with metrics to monitor and track success across core functions and processes.
Enhance company’s ability to report on and manage performance.

Key Activities

Review baseline analysis for strategic and operational planning processes.
Facilitate workshop to brainstorm ways to align strategic goals and supporting operational action plans.
Develop draft annual comprehensive strategic and operational planning processes (to include alignment to budget and performance management processes).
Develop and finalize operational planning templates.
Plan and carry out operational planning workshops to facilitate development of operational plans for all company departments.

Key Deliverables

1. Comprehensive annual strategic planning process

Baseline of existing strategic planning process
Workshop to identify revised process and mechanisms to fully align process to operational planning cycle
Revised annual strategic planning process

2. Comprehensive annual operational planning process

Baseline of existing operational planning process
Workshop to identify revised process and mechanisms to fully align process to strategic planning cycle
Revised annual operational planning process

3. Annual strategic and operational planning calendar

Revised annual strategic and operational planning calendar that is fully aligned to the relevant standards of budgeting and reporting requirements

4. Updated operational planning templates

5. Operational planning workshops

Planning and convening of workshops to train staff on new process and templates and initiate planning within all company departments for annual operational plans

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