Real time strategic planning 2 9 11 slideshare notes

by Marion Conway on Feb 20, 2011

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This presentation provides an outline of the Real Time Strategic Planning process developed by David LaPiana and published in his book, The Nonprofit Strategy Revolution

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This presentation provides an outline of the Real Time Strategic Planning process developed by David LaPiana and published in his book, The Nonprofit Strategy Revolution

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Real time strategic planning 2 9 11 slideshare notes — Presentation Transcript

Real Time Strategic Planning in a Rapid Response World Institute of Management Accountants February 16, 2011

Purpose of Strategic Planning Focus on Priorities…… … ..and Achieve Results

Pitfalls to Avoid

Real Time Strategic Planning Model (RTSP)

Phase 1

Basic planning elements that can be applied to various scenarios as they occur

Phase 2

Strategy formation and implementation that occurs continuously

Traditional vs. RTSP Outputs

Traditional Strategic Planning

Goals and 3 Year Plan

Real Time Strategic Planning

Action steps to be taken in real time

Strategy and Competitive Advantage

Strategy

Coordinated set of actions aimed at creating and sustaining a competitive advantage

Competitive Advantage

The presence of visible, obvious and measureable ways in which your organization differs from and is better than its peers.

Phase 1 – Organizational Identity

Financial Analysis

Overall Budget

Diversity of revenue

Trends in revenues – Past and future

Stability analysis

Which product lines are at risk

Which products are running a deficit

Phase 1-Organizational Identity

Detailed and time consuming

Can be used repetitively to address strategic issues as they arise

Phase 1 – Strategy Screen

A set of criteria that your organization uses to choose whether or not a particular strategy is consistent with its identity

Crafting a Strategy Screen

5 – 8 elements recommended

Consistent with mission/business model

Ethical

Break even or create a surplus within 12 months

The result will be sustainable

Will not put us in competition with valued partners or customers

Phase One Is Completed The Foundation Is Set

Phase Two

Triggers for the Big Question

The Big Question Framing the Right Question Will Drive the Right Strategies

Crafting the Big Question

List a variety of ways to frame the question and choose the one that asks it so that all of the complexity that you want addressed is in the question

Strategy Formation Develop a list of potential strategies to address your big question Check each strategy against your strategy screen

Test your strategy approach before implementation

Reality Check

Laugh Test

Validity Test

Implementation

Connect with Marion

Email: [email_address]

Blog: marionconwaynonprofitconsultant.blogspot.com

Website: marionconwayconsulting.com

Twitter: MarionConway

LinkedIn: Marion Conway

Facebook: facebook.com/MarionConwayConsulting

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Resource: The Nonprofit Strategy Revolution

by David LaPiana

Real time strategic planning 2 9 11 slideshare notes

by Marion Conway on Feb 20, 2011

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Real time strategic planning 2 9 11 slideshare notes — Presentation Transcript