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    Strategic Planning

Strategic planning is not necessarily a document but rather an orientation and mindset that should be understood by every employee, guiding day-to-day decision-making at every level of the organization.

Some elements of strategic planning include:

  • A synonym for conscious choices
  • Addresses the interface between the organization and its environment
  • Lays the foundation for tomorrow's success while competing to win today
  • Involves anticipating, adapting, and creating change
  • Is the most important and difficult challenge facing most businesses
  • Requires trade-offs (can't be all things to all people
  • Includes differentiating the organization from competitors
  • Necessitates risk-taking
  • Is the task of the entire organization
  • Must be operationalized into plans and actions

Although some industries are more stable than others, the ones that flourish in the long-run are those who engage in continual strategic planning renewal.

Our sequence for strategic planning design is:

  • Analyze the business environment
  • Forecast the future
  • Create a core idealogy
  • Define strategic direction
  • Define competitive advantage
  • Set goals
  • Create a master plan

Please let us know if we can help you with your strategic planning!

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