SlideShare a Scribd company logo
1 of 18
SEQUENTIAL
STRATEGIZING
By: Ken Del Rosario
SETTING PROPER
EXPECTATIONS
• Introduction
• Five stages of Sequential
strategizing
• Sequential strategizing: Strategic
planning and implementation
• Sharing of Ideas
INTRODUCTION
What is Sequential strategizing?
Sequential strategizing is a process in
which one is determining the most
appropriate order for prioritizing and
tackling critical path that are essential to
achieve success.
3
REMEMBER!
At the end of the day, only action produces
results. Building relationships, developing
others, and making decisions lead to more
effective actions; but it is the actions of you
and your team, along with the outcomes they
produce, that will build your reputation as a
great leader.
FIVE STAGES OF SEQUENTIAL STRATEGIZING
Presentation title 5
1. CLARIFY YOUR VISION
The purpose of goal-setting is to clarify the vision for your business. This stage consists of
identifying three key facets: First, define both short- and long-term objectives. Second,
identify the process of how to accomplish your objective. Finally, customize the process for
your staff, give each person a task with which he can succeed. Keep in mind during this
process your goals to be detailed, realistic and match the values of your vision. Typically,
the final step in this stage is to write a mission statement that succinctly communicates
your goals to both your shareholders and your staff.
FIVE STAGES OF SEQUENTIAL STRATEGIZING
Presentation title 6
2. GATHER AND ANALYZE INFORMATION
Analysis is a key stage because the information gained in this stage will shape the next two
stages. In this stage, gather as much information and data relevant to accomplishing your
vision. The focus of the analysis should be on understanding the needs of the business as
a sustainable entity, its strategic direction and identifying initiatives that will help your
business grow. Examine any external or internal issues that can affect your goals and
objectives. Make sure to identify both the strengths and weaknesses of your organization
as well as any threats and opportunities that may arise along the path.
FIVE STAGES OF SEQUENTIAL STRATEGIZING
Presentation title 7
3. FORMULATE A STRATEGY
The first step in forming a strategy is to review the information gleaned from completing the
analysis. Determine what resources the organization currently has that can help reach the
defined goals and objectives. Identify any areas of which the business must seek external
resources. The issues facing the organization should be prioritized by their importance to
your success. Once prioritized, begin formulating the strategy. Because business and
economic situations are fluid, it is critical in this stage to develop alternative
approaches that target each step of the plan.
FIVE STAGES OF SEQUENTIAL STRATEGIZING
Presentation title 8
4. IMPLEMENT YOUR STRATEGY
Successful strategy implementation is critical to the success of the organization’s vision.
This is the action stage of the sequential strategic management process. If the overall
strategy does not work with the organization' current structure, a new structure should be
installed at the beginning of this stage. Everyone within the organization must be made
clear of their responsibilities and duties, and how that fits in with the overall goal.
FIVE STAGES OF SEQUENTIAL STRATEGIZING
9
5. EVALUATE AND CONTROL
Strategy evaluation and control actions include performance measurements, consistent review of internal and
external issues and making corrective actions when necessary. Any successful evaluation of the strategy
begins with defining the parameters to be measured. These parameters should mirror the goals set in Stage 1.
Determine your progress by measuring the actual results versus the plan.
Monitoring internal and external issues will also enable you to react to any substantial change in your
business environment. If you determine that the strategy is not moving the company toward its goal, take
corrective actions. If those actions are not successful, then repeat the strategic management process.
Because internal and external issues are constantly evolving, any data gained in this stage should be retained
to help with any future strategies.
SEQUENTIAL STRATEGIZING HELPS ORGANIZATION
TO MAXIMIZE EFFICIENCY
10
In a world where Initiatives are often unintentionally planned, a simple solution of
sequencing can be the key to maximum efficiency and increased growth. Sequential
strategizing can be applied in project prioritization, budgeting, hiring, resource
allocation and in developing marketing and business planning strategies. Sequential
strategizing help a company reach its objectives only if managers implement them just
as thoughtfully and with precision.
11
“Sequential strategizing requires strategic
planning and strategic implementation.”
12
WHAT IS STRATEGIC PLANNING AND WHY IS IT IMPORTANT?
A strategic plan is a written document that points the way forward for your business. It both
lays out your company's goals and explains why they're important. The strategic planning
process also helps you uncover ways to improve performance.
13
WHAT IS STRATEGIC IMPLEMENTATION?
Strategic implementation requires completing a series of steps, referred to as action plans
or tactics. An action plan must be extremely detailed, a step-by-step description of the
requirements to execute the strategy. Omitting key details will derail implementation of the
strategy. Action plans for a print advertising campaign, for example, could include tasks
such as selecting the publications to be used, designing the ad layout and creating a
schedule for ad placement. If the person responsible for creating the ad layout was not told
when that task was due, his segment of the project not being completed on time could
delay the entire implementation process.
14
HOW TO EVALUTE THE EFFECTIVENESS OF STRATEGIC PLANS?
To evaluate the success of your strategic plans, create a six-step management process that
helps you note objective benchmarks. To determine whether you are reaching your
strategic goals, on schedule and on budget, or whether you need to make adjustments,
create a step-by-step process that helps you review your performance. The first step is to
set specific strategic goals. Once you’ve set a goal, create the steps for doing so. After you
know how you’re going to pursue your goals, set deadlines as benchmarks. Review your
performance monthly or quarterly as the fourth step in your evaluation process to
determine how you are progressing toward achieving your strategic goals. When you see
where you stand, perform an assessment to determine why you are there and where you
are now. After your assessment, take steps to adjust your processes.
PLAN FOR PRODUCT LAUNCH
15
PLANNING
Synergize scalable
e-commerce
MARKETING
Disseminate
standardized
metrics
DESIGN
Coordinate e-
business
applications
STRATEGY
Foster holistically
superior
methodologies
LAUNCH
Deploy strategic
networks with
compelling e-
business needs
TIMELINE
16
SEP 20XX NOV 20XX JAN 20XX MAR 20XX MAY 20XX
Synergize scalable
e-commerce
Disseminate
standardized
metrics
Coordinate e-
business applications
Foster holistically
superior methodologies
Deploy strategic
networks with
compelling e-
business needs
SHARING OF IDEAS
17
The virtual room is now open for any ideas about the
lesson.
YOU MAY SHARE YOUR ANSWER AS A:
Student Teacher
Friend Parent
Child Human being
Leader Follower
THANK YOU

More Related Content

Similar to Sequential strategizing.pptx

Excellence In Financial Management
Excellence In Financial ManagementExcellence In Financial Management
Excellence In Financial ManagementSimon Penny
 
4 components of strategic planning
4 components of strategic planning4 components of strategic planning
4 components of strategic planningraminshandi
 
Achieveit WP - Exec Guide to Goal Setting
Achieveit WP - Exec Guide to Goal SettingAchieveit WP - Exec Guide to Goal Setting
Achieveit WP - Exec Guide to Goal SettingEric Hyman
 
An Assignment On Planing & Organizing (Principles Of Management)
An Assignment On Planing & Organizing (Principles Of Management)An Assignment On Planing & Organizing (Principles Of Management)
An Assignment On Planing & Organizing (Principles Of Management)Robin Bepary
 
Performance management module 2 Kerala University
Performance management module 2 Kerala UniversityPerformance management module 2 Kerala University
Performance management module 2 Kerala UniversityPOOJA UDAYAN
 
Improve business practice by jaleto sunkemo
Improve business practice by jaleto sunkemoImprove business practice by jaleto sunkemo
Improve business practice by jaleto sunkemoJaleto Sunkemo
 
Basics of Organizational Plans
Basics of Organizational PlansBasics of Organizational Plans
Basics of Organizational PlansAbdol Rauf
 
Lec : Policy & Strategy Formulation.pptx
Lec : Policy & Strategy Formulation.pptxLec : Policy & Strategy Formulation.pptx
Lec : Policy & Strategy Formulation.pptxJo Balucanag - Bitonio
 
Strategic Magt Law sem 5.pptx
Strategic Magt Law sem 5.pptxStrategic Magt Law sem 5.pptx
Strategic Magt Law sem 5.pptxPuneetLUCIFER
 
4 Stages of Successful Compensation Design Review (Evelyn Johnston)
4 Stages of Successful Compensation Design Review (Evelyn Johnston)4 Stages of Successful Compensation Design Review (Evelyn Johnston)
4 Stages of Successful Compensation Design Review (Evelyn Johnston)Evelyn Johnston, CCP, SHRP
 
Improve business practice
Improve business practiceImprove business practice
Improve business practiceJaleto Sunkemo
 
Strategy Planning and Deployment Process Training Module
Strategy Planning and Deployment Process Training ModuleStrategy Planning and Deployment Process Training Module
Strategy Planning and Deployment Process Training ModuleFrank-G. Adler
 
How to build and deploy your strategy 2015 hz article
How to build and deploy your strategy 2015 hz articleHow to build and deploy your strategy 2015 hz article
How to build and deploy your strategy 2015 hz articleHalden Zimmermann
 
Wahid’s philosophy the examined & careful consideration of strategic plannin...
Wahid’s philosophy  the examined & careful consideration of strategic plannin...Wahid’s philosophy  the examined & careful consideration of strategic plannin...
Wahid’s philosophy the examined & careful consideration of strategic plannin...Mohammad Wahid Abdullah Khan
 
Introduction to strategic planning
Introduction to strategic planningIntroduction to strategic planning
Introduction to strategic planningSalim Hajje
 
One Page Strategic & Execution Planning
One Page Strategic & Execution PlanningOne Page Strategic & Execution Planning
One Page Strategic & Execution PlanningJC Duarte
 
SSAWG 2018 strategic planning mini course
SSAWG 2018 strategic planning mini courseSSAWG 2018 strategic planning mini course
SSAWG 2018 strategic planning mini courseTamara Jones
 
Introduction to the balanced scorecard
Introduction to the balanced scorecardIntroduction to the balanced scorecard
Introduction to the balanced scorecardBoyan Marinchev
 
Planning function.pptx
Planning function.pptxPlanning function.pptx
Planning function.pptxHarshada Mulay
 

Similar to Sequential strategizing.pptx (20)

Excellence In Financial Management
Excellence In Financial ManagementExcellence In Financial Management
Excellence In Financial Management
 
4 components of strategic planning
4 components of strategic planning4 components of strategic planning
4 components of strategic planning
 
Achieveit WP - Exec Guide to Goal Setting
Achieveit WP - Exec Guide to Goal SettingAchieveit WP - Exec Guide to Goal Setting
Achieveit WP - Exec Guide to Goal Setting
 
An Assignment On Planing & Organizing (Principles Of Management)
An Assignment On Planing & Organizing (Principles Of Management)An Assignment On Planing & Organizing (Principles Of Management)
An Assignment On Planing & Organizing (Principles Of Management)
 
Performance management module 2 Kerala University
Performance management module 2 Kerala UniversityPerformance management module 2 Kerala University
Performance management module 2 Kerala University
 
Improve business practice by jaleto sunkemo
Improve business practice by jaleto sunkemoImprove business practice by jaleto sunkemo
Improve business practice by jaleto sunkemo
 
Basics of Organizational Plans
Basics of Organizational PlansBasics of Organizational Plans
Basics of Organizational Plans
 
Lec : Policy & Strategy Formulation.pptx
Lec : Policy & Strategy Formulation.pptxLec : Policy & Strategy Formulation.pptx
Lec : Policy & Strategy Formulation.pptx
 
Unit 3 pom
Unit 3  pomUnit 3  pom
Unit 3 pom
 
Strategic Magt Law sem 5.pptx
Strategic Magt Law sem 5.pptxStrategic Magt Law sem 5.pptx
Strategic Magt Law sem 5.pptx
 
4 Stages of Successful Compensation Design Review (Evelyn Johnston)
4 Stages of Successful Compensation Design Review (Evelyn Johnston)4 Stages of Successful Compensation Design Review (Evelyn Johnston)
4 Stages of Successful Compensation Design Review (Evelyn Johnston)
 
Improve business practice
Improve business practiceImprove business practice
Improve business practice
 
Strategy Planning and Deployment Process Training Module
Strategy Planning and Deployment Process Training ModuleStrategy Planning and Deployment Process Training Module
Strategy Planning and Deployment Process Training Module
 
How to build and deploy your strategy 2015 hz article
How to build and deploy your strategy 2015 hz articleHow to build and deploy your strategy 2015 hz article
How to build and deploy your strategy 2015 hz article
 
Wahid’s philosophy the examined & careful consideration of strategic plannin...
Wahid’s philosophy  the examined & careful consideration of strategic plannin...Wahid’s philosophy  the examined & careful consideration of strategic plannin...
Wahid’s philosophy the examined & careful consideration of strategic plannin...
 
Introduction to strategic planning
Introduction to strategic planningIntroduction to strategic planning
Introduction to strategic planning
 
One Page Strategic & Execution Planning
One Page Strategic & Execution PlanningOne Page Strategic & Execution Planning
One Page Strategic & Execution Planning
 
SSAWG 2018 strategic planning mini course
SSAWG 2018 strategic planning mini courseSSAWG 2018 strategic planning mini course
SSAWG 2018 strategic planning mini course
 
Introduction to the balanced scorecard
Introduction to the balanced scorecardIntroduction to the balanced scorecard
Introduction to the balanced scorecard
 
Planning function.pptx
Planning function.pptxPlanning function.pptx
Planning function.pptx
 

Recently uploaded

ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...JhezDiaz1
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceSamikshaHamane
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxEyham Joco
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfMr Bounab Samir
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxRaymartEstabillo3
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.arsicmarija21
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Celine George
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 

Recently uploaded (20)

ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in Pharmacovigilance
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptx
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdfLike-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
Like-prefer-love -hate+verb+ing & silent letters & citizenship text.pdf
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 

Sequential strategizing.pptx

  • 2. SETTING PROPER EXPECTATIONS • Introduction • Five stages of Sequential strategizing • Sequential strategizing: Strategic planning and implementation • Sharing of Ideas
  • 3. INTRODUCTION What is Sequential strategizing? Sequential strategizing is a process in which one is determining the most appropriate order for prioritizing and tackling critical path that are essential to achieve success. 3
  • 4. REMEMBER! At the end of the day, only action produces results. Building relationships, developing others, and making decisions lead to more effective actions; but it is the actions of you and your team, along with the outcomes they produce, that will build your reputation as a great leader.
  • 5. FIVE STAGES OF SEQUENTIAL STRATEGIZING Presentation title 5 1. CLARIFY YOUR VISION The purpose of goal-setting is to clarify the vision for your business. This stage consists of identifying three key facets: First, define both short- and long-term objectives. Second, identify the process of how to accomplish your objective. Finally, customize the process for your staff, give each person a task with which he can succeed. Keep in mind during this process your goals to be detailed, realistic and match the values of your vision. Typically, the final step in this stage is to write a mission statement that succinctly communicates your goals to both your shareholders and your staff.
  • 6. FIVE STAGES OF SEQUENTIAL STRATEGIZING Presentation title 6 2. GATHER AND ANALYZE INFORMATION Analysis is a key stage because the information gained in this stage will shape the next two stages. In this stage, gather as much information and data relevant to accomplishing your vision. The focus of the analysis should be on understanding the needs of the business as a sustainable entity, its strategic direction and identifying initiatives that will help your business grow. Examine any external or internal issues that can affect your goals and objectives. Make sure to identify both the strengths and weaknesses of your organization as well as any threats and opportunities that may arise along the path.
  • 7. FIVE STAGES OF SEQUENTIAL STRATEGIZING Presentation title 7 3. FORMULATE A STRATEGY The first step in forming a strategy is to review the information gleaned from completing the analysis. Determine what resources the organization currently has that can help reach the defined goals and objectives. Identify any areas of which the business must seek external resources. The issues facing the organization should be prioritized by their importance to your success. Once prioritized, begin formulating the strategy. Because business and economic situations are fluid, it is critical in this stage to develop alternative approaches that target each step of the plan.
  • 8. FIVE STAGES OF SEQUENTIAL STRATEGIZING Presentation title 8 4. IMPLEMENT YOUR STRATEGY Successful strategy implementation is critical to the success of the organization’s vision. This is the action stage of the sequential strategic management process. If the overall strategy does not work with the organization' current structure, a new structure should be installed at the beginning of this stage. Everyone within the organization must be made clear of their responsibilities and duties, and how that fits in with the overall goal.
  • 9. FIVE STAGES OF SEQUENTIAL STRATEGIZING 9 5. EVALUATE AND CONTROL Strategy evaluation and control actions include performance measurements, consistent review of internal and external issues and making corrective actions when necessary. Any successful evaluation of the strategy begins with defining the parameters to be measured. These parameters should mirror the goals set in Stage 1. Determine your progress by measuring the actual results versus the plan. Monitoring internal and external issues will also enable you to react to any substantial change in your business environment. If you determine that the strategy is not moving the company toward its goal, take corrective actions. If those actions are not successful, then repeat the strategic management process. Because internal and external issues are constantly evolving, any data gained in this stage should be retained to help with any future strategies.
  • 10. SEQUENTIAL STRATEGIZING HELPS ORGANIZATION TO MAXIMIZE EFFICIENCY 10 In a world where Initiatives are often unintentionally planned, a simple solution of sequencing can be the key to maximum efficiency and increased growth. Sequential strategizing can be applied in project prioritization, budgeting, hiring, resource allocation and in developing marketing and business planning strategies. Sequential strategizing help a company reach its objectives only if managers implement them just as thoughtfully and with precision.
  • 11. 11 “Sequential strategizing requires strategic planning and strategic implementation.”
  • 12. 12 WHAT IS STRATEGIC PLANNING AND WHY IS IT IMPORTANT? A strategic plan is a written document that points the way forward for your business. It both lays out your company's goals and explains why they're important. The strategic planning process also helps you uncover ways to improve performance.
  • 13. 13 WHAT IS STRATEGIC IMPLEMENTATION? Strategic implementation requires completing a series of steps, referred to as action plans or tactics. An action plan must be extremely detailed, a step-by-step description of the requirements to execute the strategy. Omitting key details will derail implementation of the strategy. Action plans for a print advertising campaign, for example, could include tasks such as selecting the publications to be used, designing the ad layout and creating a schedule for ad placement. If the person responsible for creating the ad layout was not told when that task was due, his segment of the project not being completed on time could delay the entire implementation process.
  • 14. 14 HOW TO EVALUTE THE EFFECTIVENESS OF STRATEGIC PLANS? To evaluate the success of your strategic plans, create a six-step management process that helps you note objective benchmarks. To determine whether you are reaching your strategic goals, on schedule and on budget, or whether you need to make adjustments, create a step-by-step process that helps you review your performance. The first step is to set specific strategic goals. Once you’ve set a goal, create the steps for doing so. After you know how you’re going to pursue your goals, set deadlines as benchmarks. Review your performance monthly or quarterly as the fourth step in your evaluation process to determine how you are progressing toward achieving your strategic goals. When you see where you stand, perform an assessment to determine why you are there and where you are now. After your assessment, take steps to adjust your processes.
  • 15. PLAN FOR PRODUCT LAUNCH 15 PLANNING Synergize scalable e-commerce MARKETING Disseminate standardized metrics DESIGN Coordinate e- business applications STRATEGY Foster holistically superior methodologies LAUNCH Deploy strategic networks with compelling e- business needs
  • 16. TIMELINE 16 SEP 20XX NOV 20XX JAN 20XX MAR 20XX MAY 20XX Synergize scalable e-commerce Disseminate standardized metrics Coordinate e- business applications Foster holistically superior methodologies Deploy strategic networks with compelling e- business needs
  • 17. SHARING OF IDEAS 17 The virtual room is now open for any ideas about the lesson. YOU MAY SHARE YOUR ANSWER AS A: Student Teacher Friend Parent Child Human being Leader Follower