Most companies have a strategic
plan for their business. But how many department heads have strategic
plans for their department that are aligned with the overall business
strategy?
Whether a department is on the
main value chain such as Marketing, Sales, and Product Development or
plays a supporting role such as Human Resources, Finance, and IT, they
either contribute to the company’s overall performance or they are a
drag on it. The only way to make sure that a department is optimizing
its contribution to the business is to systematically analyze the
contribution the department can make and then to develop a departmental
strategic plan that aligns with the overall business plans.
In addition to the strategic
influences on an entire business, departments are subject to their own
strategic influences such as