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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) <ul><li>Phase 1 </li></ul><ul><li>Basic planning elements that can be applied to...
Traditional vs. RTSP Outputs <ul><li>Traditional Strategic Planning </li></ul><ul><li>Goals and 3 Year Plan </li></ul><ul>...
Strategy and Competitive Advantage <ul><li>Strategy   </li></ul><ul><li>Coordinated set of actions aimed at creating and s...
Phase 1 – Organizational Identity
Financial Analysis <ul><li>Overall Budget </li></ul><ul><li>Diversity of revenue </li></ul><ul><li>Trends in revenues – Pa...
Phase 1-Organizational Identity <ul><li>Detailed and time consuming </li></ul><ul><li>Can be used repetitively to address ...
Phase 1 – Strategy Screen <ul><li>A set of criteria that your organization uses to choose whether or not a particular stra...
Crafting a Strategy Screen <ul><li>5 – 8 elements recommended </li></ul><ul><li>Consistent with mission/business model </l...
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 <ul><li>List a variety of ways to frame the question and choose the one that asks it so that all...
Strategy Formation Develop a list of potential strategies to address your big question Check each strategy against your st...
Implementation
Connect with Marion <ul><li>Email:   [email_address] </li></ul><ul><li>Blog:   marionconwaynonprofitconsultant.blogspot.co...
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Real time strategic planning 2 9 11 slideshare notes

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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

  1. 1. Real Time Strategic Planning in a Rapid Response World Institute of Management Accountants February 16, 2011
  2. 2. Purpose of Strategic Planning Focus on Priorities…… … ..and Achieve Results
  3. 3. Pitfalls to Avoid
  4. 4. Real Time Strategic Planning Model (RTSP) <ul><li>Phase 1 </li></ul><ul><li>Basic planning elements that can be applied to various scenarios as they occur </li></ul><ul><li>Phase 2 </li></ul><ul><li>Strategy formation and implementation that occurs continuously </li></ul>
  5. 5. Traditional vs. RTSP Outputs <ul><li>Traditional Strategic Planning </li></ul><ul><li>Goals and 3 Year Plan </li></ul><ul><li>Real Time Strategic Planning </li></ul><ul><li>Action steps to be taken in real time </li></ul>
  6. 6. Strategy and Competitive Advantage <ul><li>Strategy </li></ul><ul><li>Coordinated set of actions aimed at creating and sustaining a competitive advantage </li></ul><ul><li>Competitive Advantage </li></ul><ul><li>The presence of visible, obvious and measureable ways in which your organization differs from and is better than its peers. </li></ul>
  7. 7. Phase 1 – Organizational Identity
  8. 8. Financial Analysis <ul><li>Overall Budget </li></ul><ul><li>Diversity of revenue </li></ul><ul><li>Trends in revenues – Past and future </li></ul><ul><li>Stability analysis </li></ul><ul><li>Which product lines are at risk </li></ul><ul><li>Which products are running a deficit </li></ul>
  9. 9. Phase 1-Organizational Identity <ul><li>Detailed and time consuming </li></ul><ul><li>Can be used repetitively to address strategic issues as they arise </li></ul>
  10. 10. Phase 1 – Strategy Screen <ul><li>A set of criteria that your organization uses to choose whether or not a particular strategy is consistent with its identity </li></ul>
  11. 11. Crafting a Strategy Screen <ul><li>5 – 8 elements recommended </li></ul><ul><li>Consistent with mission/business model </li></ul><ul><li>Ethical </li></ul><ul><li>Break even or create a surplus within 12 months </li></ul><ul><li>The result will be sustainable </li></ul><ul><li>Will not put us in competition with valued partners or customers </li></ul>
  12. 12. Phase One Is Completed The Foundation Is Set
  13. 13. Phase Two
  14. 14. Triggers for the Big Question
  15. 15. The Big Question Framing the Right Question Will Drive the Right Strategies
  16. 16. Crafting the Big Question <ul><li>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 </li></ul>
  17. 17. Strategy Formation Develop a list of potential strategies to address your big question Check each strategy against your strategy screen <ul><li>Test your strategy approach before implementation </li></ul><ul><li>Reality Check </li></ul><ul><li>Laugh Test </li></ul><ul><li>Validity Test </li></ul>
  18. 18. Implementation
  19. 19. Connect with Marion <ul><li>Email: [email_address] </li></ul><ul><li>Blog: marionconwaynonprofitconsultant.blogspot.com </li></ul><ul><li>Website: marionconwayconsulting.com </li></ul><ul><li>Twitter: MarionConway </li></ul><ul><li>LinkedIn: Marion Conway </li></ul><ul><li>Facebook: facebook.com/MarionConwayConsulting </li></ul><ul><li> Become a fan - and see my blog feed </li></ul><ul><li>Resource: The Nonprofit Strategy Revolution </li></ul><ul><li> by David LaPiana </li></ul>

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