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Strategic Planning Models

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Types of Strategic Planning Models and Applicabilities

Published in: Business, Technology

Strategic Planning Models

  1. 1. Strategic Planning Models Dr. Elijah Ezendu FIMC, FCCM, FIIAN, FBDI, FAAFM, FSSM, MIMIS, MIAP, MITD, ACIArb, ACIPM, PhD, DocM, MBA, CWM, CBDA, CMA, MPM, PME, CSOL, CCIP, CMC, CMgr
  2. 2. Strategic Planning Models • Vision Based Strategic Planning Model • Issues Based Strategic Planning Model • Scenario Based Strategic Planning Model • Real Time Strategic Planning Model • Organic Strategic Planning Model • Alignment Strategic Planning Model • Interblended Strategic Planning Model
  3. 3. Vision Based Strategic Planning Model • Establishment of Mission • Establishment of Vision • Establish goals in line with vision and mission • Crafting of Strategies • Development of action plans for each strategy • Development of profile showing mission, vision, goals, strategies and action plans as The Road Map • Monitor and Evaluate Implementation
  4. 4. Variants of Vision Based Strategic Planning Model • Six Rings Strategic Planning Model • Outcome Based Strategic Planning Model • Goal Based Strategic Planning Model • Purpose Driven Strategic Planning Model
  5. 5. Issues Based Strategic Planning Model • Identification of major issues confronting an organisation • Explore each issue via brainstorming and manifold thinking techniques in order to develop appropriate solution • Development of profile showing issues and matching solution as The Road Map • Monitor Implementation and Review The Road Map
  6. 6. Scenario Based Strategic Planning Model • Identify some factors in the business environment that may change • Develop archetypes of scenarios that may occur due to effects of those changes • Craft appropriate strategies and action plans for countering each of those changes as depicted by archetypes • Development of profile showing each archetype of scenario and corresponding strategies as well as action plans such that this shall be The Road Map • Identify the most likely scenarios within a stated period and implement corresponding strategies and action plan as depicted in The Road Map
  7. 7. Real Time Strategic Planning Model • Establishment of mission, vision and shared values • Development of priorities of goals, objectives, strategies and action plans based on current events in the business environment • Implementation of established priorities.
  8. 8. Organic Strategic Planning Model • Expound and validate the shared values • Expound vision of the organisation • Continuously engage members of the organisation in constructive review of action-plan requirements for attainment of vision • Identify new findings • Put emphasis on learning and understanding the new findings instead of being too methodical • Implement the identified action plan and continuously review
  9. 9. Alignment Strategic Planning Model • Identify mission, vision, shared values, strategies, resources, programmes and requisite support • Assess the suitability of each component and ascertain requirements for modification • Identify best-fit modification in each case • Add each modification to the strategic plan
  10. 10. Interblended Strategic Planning Model This serves as worthwhile combination of various applicable strategic planning models for capturing every facet of relevant factors so as to steer organisational activity stream towards utmost performance. Its usefulness is due to the fact that none of the earlier strategic planning models can be singly effective in complex situations. That’s why it has been recognised as the hallmark of episodic effectiveness. It’s also known as Multicriteria Based Strategic Planning.
  11. 11. Exploratory Engagement In a very turbulent business environment characterised by fiscal uncertainty, market mutability and political instability, what should be the best approach for development of strategic plan?
  12. 12. Dr Elijah Ezendu is Award-Winning Business Expert & Certified Management Consultant with expertise in Interim Management, Strategy, Competitive Intelligence, Transformation, Restructuring, Turnaround Management, Business Development, Marketing, Project & Cost Management, Leadership, HR, CSR, e- Business & Software Architecture. He had functioned as Founder, Initiative for Sustainable Business Equity; Chairman of Board, Charisma Broadcast Film Academy; Group Chief Operating Officer, Idova Group; CEO, Rubiini (UAE); Special Advisor, RTEAN; Director, MMNA Investments; Chair, Int’l Board of GCC Business Council (UAE); Senior Partner, Shevach Consulting; Chairman (Certification & Training), Coordinator (Board of Fellows), Lead Assessor & Governing Council Member, Institute of Management Consultants, Nigeria; Lead Resource, Centre for Competitive Intelligence Development; Lead Consultant/ Partner, JK Michaels; Turnaround Project Director, Consolidated Business Holdings Limited; Technical Director, Gestalt; Chief Operating Officer, Rohan Group; Executive Director (Various Roles), Fortuna, Gambia & Malta; Chief Advisor/ Partner, D & E; Vice Chairman of Board, Refined Shipping; Director of Programmes & Governing Council Member, Institute of Business Development, Nigeria; Member of TDD Committee, International Association of Software Architects, USA; Member of Strategic Planning and Implementation Committee, Chartered Institute of Personnel Management of Nigeria; Country Manager (Nigeria) & Adjunct Faculty (MBA Programme), Regent Business School, South Africa; Adjunct Faculty (MBA Programme), Ladoke Akintola University of Technology; Editor-in-Chief, Cost Management Journal; Council Member, Institute of Internal Auditors of Nigeria; Member, Board of Directors (Several Organizations). He holds Doctoral Degree in Management, Master of Business Administration and Fellow of Professional Institutes in North America, UK & Nigeria. He is Innovator of Corporate Investment Structure Based on Financials and Intangibles, for valuation highlighting intangible contributions of host communities and ecological environment: A model celebrated globally as remedy for unmitigated depreciation of ecological capital and developmental deprivation of host communities. He had served as Examiner to Professional Institutes and Universities. He had been a member of Guild of Soundtrack Producers of Nigeria. He's an author and extensively featured speaker.
  13. 13. Thank You

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