Strategic planning is used to prioritise objectives, focus resources, strengthen operations, ensure that stakeholders are working towards common goals, get consensus around intended results, and monitor and adjust the organisation's direction in response to a dynamic environment.
Good strategic planning specifies where an organisation is going, how it will get there and, critically, how it will measure success. Creating a usable strategic plan involves following a specific strategy planning process and using a number of management tools that help to guide decision-making.
The process includes some key steps including:
identifying where your organisation is today (across markets, competition, employees...)
developing your vision, mission & value statements and long-term objectives
setting SMART goals and establishing KPIs
rolling out your strategy
monitoring and managing results
This process is invaluable in ensuring that your organisation is heading in the right direction, at the right pace, and that you stay on track. I can facilitate your strategy planning process and assist you in setting your objectives, and getting consensus and buy-in from your stakeholders.