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Without execution or implementing, nothing gets done.
Last week we had the pleasure of opening another office in WA; Harcourts Initiative opened their second office in Morley.
This didn’t happen by chance. It was off the back creating a plan, and more importantly, executing that plan.
With the new financial year upon us, I thought it would be timely to talk about the positive advantages of following through.
We probably all have heard the mantra, “What gets measured gets done”. Well, that’s not quite right, or more accurately, only half of the equation.
Implementing a plan refers to the process of taking the necessary actions and steps to put a planned course of action into practice or execution. On the other hand, not implementing a plan means failing to take the required actions and steps to execute the plan or disregarding it altogether.
Planning can appear to provide a clear direction and focus. It can set a path for action. But it is this actioning of the plan that enables individuals or organisations to learn to prioritise tasks and resources accordingly. Without implementation, the plan is untried and unknown. Apart from the obvious of not fulfilling on your plan’s promises, there are some key differences and positive advantages of implementing, compared to not implementing a plan:
Time and resource management
Implementing a plan helps optimise the allocation of time and resources. It enables individuals or organisations to learn to utilise their available resources effectively. Without implementation, time and resources may be wasted or allocated in an inefficient manner.
Accountability
Implementation of a plan establishes a sense of accountability. It defines responsibilities, timelines and milestones, making it easier to track progress and hold individuals or teams accountable for their actions. When a plan is not implemented, it becomes challenging to assign responsibility and measure performance effectively.
Skills adaptation and learning
Implementing a plan allows for adaptation and learning along the way. As the plan is executed, valuable insights and feedback are gathered, enabling adjustments and improvements to learnt skills to be made. Not implementing a plan denies the opportunity to learn from real-world experiences, limiting growth and progress.
Results and outcomes
Implementing a plan increases the likelihood of generating desired results and outcomes. By acting and following through on a plan, you increase the chances of success. On the other hand, not implementing a plan leads to missed opportunities, stagnation and a lack of progress.
In summary, implementing a plan is essential for achieving goals, proving direction and focus, establishing accountability, promoting learning, and optimising time and resource management. Planning but not implementing a plan, on the other hand, means missed opportunities, inefficiency, and a failure to achieve desired outcomes.
Shane Kempton is the CEO of Harcourts Western Australia.
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