Strategic Planning

Strategic Planning

• is the periodic process of developing a set of steps for an organization to accomplish its mission and vision using strategic thinking.

• Putting the pieces of the puzzle together.

Planning Sessions

Periodically, strategic thinkers come together to reach consensus on the desired future of the organization and develop decision rules for achieving that future.

Strategic Planning• provides a sequential, step-by-step

process for creating a strategy,

• involves periodic group strategic thinking (brainstorming) sessions,

• requires data/information, but incorporates consensus and judgment,

• establishes organizational focus,

• facilitates consistent decision making,

• reaches consensus on what is required to fit the organization with the external environment, and

• results in a documented strategic plan

Plans and Planning

Plans are useless, but planning is invaluable. Winston Churchill

Guidelines

• Decision consistency is central to strategy

• When an organization exhibits a consistent behavior it has a strategy

• Low cost provider• CEO of Southwest

Airlines Herb Keller

Analyzing and understanding the situation

(1) external environmental analysis;

(2) internal environmental analysis;

(3) the development or refinement of the organization's directional strategies.

Doing the “right” thing

Success is a matter of being effective in the environment – doing the “right” thing.

Resources, competencies, and capabilities of the organization

Strategy is additionally influenced by the internal resources, competencies, and capabilities of the organization and represents “what the organization can do.”

Directional Strategies

Finally, strategy is driven by a common mission, common vision, and common set of organizational values and goals – the directional strategies•What the organization wants to do

Strategy Implementation

Implementation plans are made up of strategies developed in the key areas that create value for an organization – •service delivery •support activitiesMaking Strategy WorkBuy-in and Ownership

Thank You

John Cousinsjjcousins@gmail.com