By Verne Harnish, keynote speaker, best-selling author and CEO of Gazelles, Inc., an executive education firm.

Fired up about your company’s strategic plan? Great, but before you commit the rest of the year to executing it, make sure you pass these five litmus tests. If not, head back to the drawing board with your management team. Remember: You’re betting your company’s future on your strategic plan. If you haven’t gotten the details right or shaped it from the proper perspective, those two days you spent at your offsite will ultimately hurt your company. There’s still time to polish it so that you can make the most of 2011.