ENTREPRENUER SHIP Business Implementation Business Implementation This is the process of executing a plan into practice. Business Implementation involves establishing structures and activities needed to introduce a business into the marketplace. Even on a start-up or already well-established organization, business implementation becomes the responsibility of all the members of the organization . Implementation is the process of executing a plan or policy so that a concept becomes a reality. Managers must implement a plan properly, they should communicate concrete goals and expectations, and supply employees with the resources needed to help the help the company. Importance of Business Implementation (Based from the insight of Gustafson) Change The implementation of a plan brings about change meant to help improve the company to solve a problem. The changes can occur to policies, management structure, organizational development, budgets , processes, products or services. Since the status quo can be detrimental to a company, change can help improve the work environment and/or the customer experience. Organizational Development Part of good organizational development involves in all employees in implemented changes. When a company shares its ideas and goals with the workers, the workers will feel a sense of ownership and loyalty to the company, as well as feel included in something important that is larger than their respective job descriptions. Making workers feel valued also helps maintain or improve employee retention. Communicating goals helps encourage participation and can give a plan a strong start. Increased Cooperation When executed properly, business implementation can increase interdepartmental cooperation. It can be easy within business to work independently and only rely on another department within a business to work independently and only rely on another department when a need arises, particularly on a large company. Business implementation helps unite departments, open the lines communication, creates a diverse culture within the organization and increases efficiency and productivity. Clear Priorities As well as communicating goals, business implementation sets clear priorities. Priorities are generally based on due dates, client needs, financial, concerns, worker needs or logistics. Deadlines help guarantee the implementation of a plan with realistic due dates, but a company must provide its workers with clear action steps and resources to ensure the success of the plan. Failure to communicate priorities can cause inefficiencies, miscommunications, worker frustration and low morale. When priorities or deadlines are realistic, employees feel as if a company is setting them up for success. Moving Forward Business implementation is important for moving a company forward. When a business fail to implement and execute its strategies properly, it fails to move forward and grow. According to website Business Balls, to implement and execute a plan successfully, there must be “motivational leadership,” a plan of action and “performance management.” Business Implementation Strategies (According to George N. Root III) Get Staff and Management Involved A business idea can start with any member of the staff, but getting the company to accept the implementation of a new idea requires the entire staff to be involved in some way with the planning. It is not necessary to take input from every individual, but one can get departmental managers involved in the process from the beginning, especially concerning how any major changes will affect their departments. These managers can then reach out their staff and get the company involved in the implementation strategy, the scope and perspective in the process Invest in Training Any new business idea must be done effectively, invest in training at every phase of the process. For instance, at least 60 days prior to implementing a new business idea, training should focus on alerting the staff to the pending change then introduce how such changes will benefit the company. Continue training throughout the implementation period and be prepared to take input from your employees as to how you can make the process smoother. Consider Outside Factors Implementing a new idea for the business could affect the vendors or customers. In planning the implementation of the strategy, consider how any change , big or small, will affect the entities to do the business with. Targeted market research of the clients and vendors can give an indication of how the changes will affect the business before implementing them. Discuss the ideas with the largest vendors or clients to determine if they need to make any alteration to the plans. Open Communication Implementing change is easier if you allow free and open communication within your organization. Encourage employees to give their input about your proposed changes, and maintain an open communication policy throughout the implementation process. Thanks! Do you have any questions? CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon and infographics & images by Freepik