Does Your Practice Need A Strategic Plan?

Summary:

The new year is almost here and if you don’t have your annual strategic planning meeting on the calendar, now is the time to schedule that for you and the entire team. Debbie Seidel-Bittke, founder of Dental Practice Solutions, uses the analogy of taking a journey to a new destination without a road map with beginning a new year of business without a strategic plan. She writes that not having a strategic plan is the equivalent to setting yourself up for failure.

Keeping the strategic planning meeting  fun means moving the plan outside of the office. Get everyone involve so you have a diverse set of ideas for recognizing opportunities and threats. Addressing what has already been accomplished and what needs to be accomplished begins the path for planning objectives.

Article Quote:

“You can not start a business and proceed blindly and just expect that everything will work out and you will achieve great success. It rarely will happen that way. At the very beginning of each year you need to sit down outside the regular dental office atmosphere and make a plan.”

Link: http://www.dentalheroes.com/strategic-plan-dental-practice/

Developing a strategic plan should involve a clear understanding of what your business’ vision and mission statements are and aligning the plan to fit those directives. Implementing strategic planning and execution software keeps the plan in the minds of every individual in the organization while allowing visibility on what tasks should be completed next and by whom.

This cohesive approach keeps the plan active and lets management see if any adjustments need to be make. No plan, strategic or otherwise should be set in stone. It needs to remain flexible so that changes can be made quickly.

For more on strategic planning, see http://www.performancesolutionstech.com/category/strategicplanning/

Related posts:

1. Strategic Planning Coaching Tip – Plan Is Not A Dirty Four Letter Word
2. Strategic Planning vs. Strategic Thinking?
3. Beyond Planning: Easy ways to convert your plan into action
4. Don’t do strategic planning on tactical timescales
5. 5-point model can improve success of strategic plan
6. 6 Ways To Build A Stronger Strategic Plan
7. Understanding and implementing information technology strategic plan
8. The Secret to Success in Business Planning…plan your Work and Work your Plan
9. Ensure Sustainable Execution of Your Strategic Action Plan
10. Strategic plan makes its way to the board

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