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Strategic Planning
A compelling Vision and
Values are foundations for the construction and add-ons to a high-performing
organization. A solid Strategic Plan is the framework that emerges
from the foundation. The keys to a successful Strategic Plan include:
- A small set of strategic statements and objectives that connect logically to the Vision and Values
- An outline of specific action steps
- Roles, responsibilities and accountabilities
- Quantitative and qualitative performance measures
- Alignment among the key players who must execute and be evaluated on the success of the strategic plan and business performance
The above is the easy part – knowing what components make up a meaningful Strategic Plan. The challenge is to use a disciplined process – with the emphasis on “process” – which aids teams in accomplishing critical planning elements:
- Capture the issues
- Predict the future environment
- Realistically assess capabilities
- Choose among possible scenarios
- Prioritize decisions
- Articulate the plan so that teams will know what to do
Innolect Associates are skilled thinkers, managers and facilitators who bring order and purpose to Strategic Planning:
- Think a Strategic Planning group must be small to get anything done? Innolect Associate Peter Norlin guided 70 executives through a process for Developing an Ideal Business Scenario.
- A leadership team had one view of the business, and the Board had another. Innolect Associate Drew Dougherty’s solution was an intensive Strategic Planning process that involved Bringing the Board on Board.
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