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Strategic Planning

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Keys to strategic planning success.

Keys to strategic planning success.

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Strategic Planning Strategic Planning Presentation Transcript

  • Strategic
    Planning
    NonVerbals _
    Consulting
  • NonVerbals_
    Looks at a big picture from a long range perspective
  • NonVerbals_

    As the set of decisions & actions that result in the formulation & implementation of plans designed to achieve a company’s objectives.
    View slide
  • Strategy
    Determines…
    NonVerbals_
    Where & What
    WE wish to be
    Where WE are
    How will WE get There
    View slide
  • NonVerbals_
    Keys to strategic planning success
  • NonVerbals_
    Full & active executive support
    Effective communication
    Employee involvement
    Thorough organizational planning & competitive analysis, and
    Widespread perceived need for the strategic planning




  • Hierarchy of Strategy…
    NonVerbals_
    • Corporate
    • Business
    • Functional
  • NonVerbals_
    Hierarchy of STRATEGY:
    Corporate
    Provides the overall directions of the organization in terms of its general attitude towards growth and management of business.
    Business
    Is followed at the business unit or production level. It aims at improving the competitive position in the market served by that business unit.
    Functional
    Refers to the approach in the functional area to achieve corporate and business unit objectives.
  • NonVerbals_
    Components of STRATEGY:
    • Purpose & Mission
    • Objectives & Goals
    • Policies
    • Programme Strategies
  • NonVerbals_
    The 7-S Framework:
  • NonVerbals_
    Assess the
    External & Internal Environments
    S
    W
    0
    T
    ANALYSIS
    A common approach in
    Business Planning & Analysis
  • After completing S.W.O.T
    ask yourself these questions:
    NonVerbals_
    • How can we
    use our strengths
    to enable ME to take advantage of the opportunities I have identified?
    • How can we use these strengths to
    overcome the threats
    identified?
  • After completing S.W.O.T
    ask yourself these questions:
    NonVerbals_
    • What do we need to do to overcome the identified weaknesses in order to
    take advantage of the opportunities?
    • How will we
    minimize our weaknesses
    to overcome the identified threats?
  • NonVerbals_
    Carrying out an analysis using the
    SWOT framework
    helps you to
    focus your activities
    into areas where you are
    Strong
    & where the
    Greatest Opportunities lie.
  • NonVerbals_
    PORTER’S 5 Forces Theory:
    • Threat of new entrants
    • Degree of rivalry in industry
    • Bargaining power of suppliers
    • Bargaining power of buyers
    • Threat of substitute services or products.
  • NonVerbals_
    ENVIRONMENTAL Analysis:
    • Threeheads:
    • Mega Environment
    • Micro Environment
    • Relevant Environment
  • Thank You
  • NonVerbals_assessment. training. consulting
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