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Conduct
environmental scan
Start
STRATEGIC ANALYSIS STRATEGIC ASSESSMENT STRATEGIC ASSUMPTIONS
Areté Partners Process
Stra...
Start
OBJECTIVES FORMULATION OBJECTIVES BALANCING STRATEGIC OBJECTIVES
Areté Partners Process
Strategic Objectives Formula...
Start
ACTION PLANS DEVELOPMENT ACTION PLANS REFINEMENT ACTION PLANS DEPLOYMENT
Review strategic
objectives
Resources adequ...
Start
PERFORMANCE PROJECTION AND COMPARISON PROCESS EVALUATION & IMPROVEMENT
Areté Partners Process
Performance Projection...
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Strategic planning processes by Arete Partners

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Performance Excellence Strategic Planning Model

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Strategic planning processes by Arete Partners

  1. 1. Conduct environmental scan Start STRATEGIC ANALYSIS STRATEGIC ASSESSMENT STRATEGIC ASSUMPTIONS Areté Partners Process Strategy Development STRATEGY DEVELOPMENT STRATEGIC OBJECTIVES ACTION PLAN DEVELOPMENT & DEPLOYMENT PERFORMANCE PROJECTION Global challenges, political/economic/ industry/market conditions, technological innovations, competitive environment, customer expectations, potential new products, supplier/partner/ stakeholder needs, regulatory environment Collect, aggregate, retain key source information/data & knowledge input Data/ information Integrity validated? Value chain analysis economic value analysis scenario/ impact analysis SWOT analysis Porter’s 5 Forces Align to corporate & business strategy Select and implement analysis methodology Identify POTENTIAL BLIND SPOTS, business & event risks Identify STRATEGIC CHALLENGES Establish Strategic Planning Team KNOWLEDGE SOURCES AND INPUTS/ OUTPUTS Performance Excellence Criteria Specific Vision, mission, and values, Board of Directors/shareholders/stakeholders expectations, corporate directives, business objectives/corporate scorecard, key performance measures/expectations, innovation strategy, workforce needs/capabilities, process effectiveness measures, prior plans Assess previous strategic and current performances To VMV Evaluate duration of short- and longer-term planning horizon Assess workforce capacity/ capabilities Assess financial resources and determine risks Assess public responsibilities/ risks environmental impacts Identify key factors for organizational sustainability Review current strategic advantages/core competencies and its relevance Address organization’s strengths, weaknesses, opportunities, and threats STRATEGIC CHALLENGES Determine needed CORE COMPETENCIES Determine leverage strategy of STRATEGIC ADVANTAGES Prioritize strategic assessments’ organizational value Review VMV and establish long term strategic boundaries Identify strategic spaces within boundaries to occupy Review strategic assessment findings Strategic assessments Now/future stakeholders representation ensured? Formulate strategic/ competitive position & risk assumption Challenge and test formulated positions/ assumptions Pass? Select best assumptions, strategic/competitive position STRATEGIC ASSUMPTIONS no no yes yes yes no end SO SD Identify key indicators to detect MAJOR SHIFTS in Products Markets Technology Regulatory environment Customer preferences
  2. 2. Start OBJECTIVES FORMULATION OBJECTIVES BALANCING STRATEGIC OBJECTIVES Areté Partners Process Strategic Objectives Formulation & Balancing STRATEGY DEVELOPMENT STRATEGIC OBJECTIVES ACTION PLAN DEVELOPMENT & DEPLOYMENT PERFORMANCE PROJECTION Review strategic assumptions KNOWLEDGE SOURCES AND INPUTS/ OUTPUTS Performance Excellence Criteria Specific All strategic challenges and advantages addressed? end SD Review strategic challenges STRATEGIC ASSUMPTIONS STRATEGIC CHALLENGES Review strategic advantages STRATEGIC ADVANTAGES Summarize key strategic issues Stakeholders requirements Balance needs for all stakeholders All stakeholders considered? Determine strategic objective candidates CORE COMPETENCIES Consider current and future core competencies Determine STRATEGIC OBJECTIVES Balance short- and longer term challenges and opportunities STRATEGIC CHALLENGES Strategic opportunities Evaluate innovation opportunity Product offerings Operations Business model Revalidate strategic objectives with VMV Establish timetable for accomplishing strategic objectives Establish goals for strategic objectives STRATEGIC OBJECTIVES AND GOALS AP no yes no yes
  3. 3. Start ACTION PLANS DEVELOPMENT ACTION PLANS REFINEMENT ACTION PLANS DEPLOYMENT Review strategic objectives Resources adequate to accomplish strategy objectives? end SO Determine impact on people, capability and capacity STRATEGIC OBJECTIVES Workforce resources Ensure available to support while meeting current obligation Financial and other resources Integrate resources allocation plan KPIs effective In tracking achievements? Develop action plans and assess risks Incorporate in action plans Determine key performance measures and indicators PPM yes no yes Areté Partners Process Action Plan Development & Deployment STRATEGY DEVELOPMENT STRATEGIC OBJECTIVES ACTION PLAN DEVELOPMENT & DEPLOYMENT PERFORMANCE PROJECTION KNOWLEDGE SOURCES AND INPUTS/ OUTPUTS Performance Excellence Criteria Specific Operations/process resources Determine key processes/ operations support required Identify key human resources needed to accomplish objectives Action plans risk profile Key planned changes in products, customers, and markets, if any Define KEY ACTION PLANS Finalize KEY ACTION PLAN and supports Workforce Plan Financial Plan Operations/ Key Processes Plan Public Responsibility Plan Categorize action plans Short-term action plans Longer-term action plans no Identify key deployment areas Deploy to workforce Deploy to key suppliers/ partners Establish deployment plans Circumstances require major shifts In plan? All stakeholders covered? Monitor KEY ACTION PLAN outcomes Aligned with organizational needs and sustainable? Formulate and rapid execution of new plan no no no yes yes yes Approved? Present for approval no yes
  4. 4. Start PERFORMANCE PROJECTION AND COMPARISON PROCESS EVALUATION & IMPROVEMENT Areté Partners Process Performance Projection STRATEGY DEVELOPMENT STRATEGIC OBJECTIVES ACTION PLAN DEVELOPMENT & DEPLOYMENT PERFORMANCE PROJECTION Select projection methodology KNOWLEDGE SOURCES AND INPUTS/ OUTPUTS Performance Excellence Criteria Specific end AP Implement performance projection Scenario, regression and trend analysis, modeling and simulation Short-term performance projections Longer-term performance projections Past performance Compare projections with past performance Strategic goals Key Benchmarks Compare projections with strategic goals Compare projections with key Benchmarks Evaluate comparisions Competitor’s performance Compare projections with competitor’s Compare projections with comparable organization’s Comparable Organization’s performance Gaps in current or projected performances? Develop and implement action plans to address gaps in comparisons Measure satisfaction of Strategic Planning Process users/stakeholders Measure effectiveness of Strategic Planning Process Process effective, satisfied needs, and best practice? yes no Design, develop, and deliver improved Strategic Planning Process Review and share documented lessons learned Assign and execute process responsibility, report progress

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