Page 24 - Becom Your Own CEO

Become Your Own CEO
Goals
Companies spell out the short, intermediate and long term goals that are consistent with their values and first principles, that achieve their vision and fulfill their mission.
Action Steps
Companies take each goal, break it down to a series of tasks or action steps, and assigns each action step to an individual or team
to complete it timely and properly. This
step – converting goals into actual doable tasks – is one of the most crucial steps in strategic planning. So often, goals are lofty, abstract and nebulous, and become difficult
to translate into an action plan. That’s
why companies try to start with concrete goals. But even more important, they must reduce those concrete goals into a series
of action steps that are realistic, doable and measurable. It is these action steps that will be measured, assessed and reported.
SECTION 02 CORPORATE STRATEGIC PLANNING
Timetable
Once a company has defined its goals, and the individual tasks, that when performed, will achieve the goals, it sets deadlines for each task and conducts regular reporting and meetings to ensure these deadlines are met.
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