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Doing Business in India For Dummies® by Ranjini Manian

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Implementing Your Indian Business Plan

Even the best laid plans are of no use if they aren’t properly implemented. You need to utilize your Indian business plan long after it’s written to ensure that what has been planned for the venture is carried out in reality.

It’s important to assign parts of the plan to various team members who follow some sort of reporting structure. Clarity of roles and expectations are key in getting business plans and all aspects of your India business to succeed. Measurable goal setting and following time tables for implementation and even contingencies if parts of the plan aren’t working are all part of the Western Realism, which is needed to guide your India project. This combined with Eastern Wisdom is bound to get India, the world, and even the planet to succeed according to many great leaders today.

Referring back to your plan and monitoring progress

Taking the time to look back at your plan is well worth the effort after you’ve started down the Indian business road. If you’re the acting CEO, know that a good monitoring system based on your business plan sets the achievement standards for each segment, so take a few actions to make sure the plan is working:

Require a continuous flow of information from key team members to monitor the progress of your plan.
Take corrective measures in the plan when necessary.
Keep an eye on reports from the areas of finance, production, marketing, and human resources.
Review performances periodically to assess ...

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