[To download this presentation, visit: https://www.oeconsulting.com.sg/training-presentations] Introduction to Digital Strategic Business Planning Methodology In the rapidly evolving landscape of the digital age, organizations are experiencing an unprecedented pace of change in the new economy. As the world transforms with a mere click, strategic planning becomes the cornerstone of the business cycle. Digital Strategic Business Planning is the systematic process through which organizational leaders envision the future and design the requisite processes and operations to realize that vision. The presented methodology serves as a guide to shape and materialize the organization's future in the digital era. About the Digital Strategic Business Planning Methodology The Digital Strategic Business Planning Methodology offers a robust framework for conducting a comprehensive study and formulating an actionable plan for the digital age. In recognition of the significant impact of digital technology on contemporary business models and value creation, digital transformation stands as an indispensable foundation. The integration of IT transformation planning within strategic business planning ensures a seamless and unified approach. Phases of the Digital Strategic Business Planning Methodology: 1. Digital Strategic Review: Assessing the organization's current state in the dynamic digital landscape. 2. Digital Visioning: Defining the desired digital state to guide strategic development. 3. Digital Strategy Formulation: Crafting business strategies leveraging strengths and opportunities in the digital realm. 4. Digital Strategy Implementation: Defining digital architecture and formulating an implementation plan, serving as the blueprint for detailed execution. CONTENTS 1. Digital Strategic Review • Review current digital state • Identify areas of competitive advantage in the digital landscape • Analyze industry trends and digital competition 2. Digital Visioning • Envision the desired digital state 3. Digital Strategy Formulation • Identify and screen digital opportunities • Analyze digital opportunity gaps • Benchmark and make recommendations for digital strategies 4. Digital Strategy Implementation • Define the digital blueprint • Identify digital programs • Define the digital implementation plan

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This guide provides a comprehensive framework for conducting a digital
strategic business planning study and formulating an actionable plan for
your business.
Digital Strategic Business
Planning Methodology
Step-by-Step Approach to Digital Strategic
Business Planning

2. © Operational Excellence Consulting. All rights reserved. 2
Introduction to Digital
Strategic Business Planning
Methodology
§ In the rapidly evolving landscape of the digital age, organizational
dynamics are transforming at an unprecedented pace. As the world
undergoes continuous change with a mere "click," strategic planning
emerges as the pivotal component of the business cycle.
§ Digital strategic business planning is the deliberate process through
which organizational leaders envision the future trajectory and craft
the requisite processes and operations to realize that vision.
§ The presented model within this methodology serves as a guiding
framework, empowering organizations to thoughtfully plan and
shape their digital future.
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Navigating the Cyclical Four-Phase Model:
Digital Strategic Business Planning Methodology
Framework
Digital Strategy
Implementation
Digital
Strategy
Formulation Digital
Visioning
Digital
Strategic
Review
Digital Strategic
Business
Planning
Methodology

4. © Operational Excellence Consulting. All rights reserved. 4
About the Digital Strategic Business Planning
Methodology
§ The Digital Strategic Business Planning Methodology offers a robust
framework for conducting a comprehensive strategic business
planning study and crafting a pragmatic plan for organizational
success.
§ In the contemporary business landscape, where digital technology
significantly influences models and value creation, digital
transformation stands as a fundamental foundation and prerequisite
for the evolutionary journey of the business. Integrated seamlessly
with strategic business planning, digital transformation planning
becomes an intrinsic part of the overarching methodology.
§ This methodology unfolds across four structured phases.

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Overview of the Digital Strategic Business Planning
Methodology
Digital Strategy
Implementation
Digital
Strategy
Formulation Digital
Visioning
Digital
Strategic
Review
Phase 1: Digital Strategic
Review
Assess the organization’s
current state and external
environment to establish its
competitive position in the
digital landscape.
Phase 2: Digital
Visioning
Define the desired state of
the organization in the
digital realm to guide the
development and
implementation of
strategies for achieving
digital goals.
Phase 3: Digital Strategy
Formulation
Craft business strategies
leveraging organizational
strengths and external
opportunities in the digital
landscape to attain the
envisioned state.
Phase 4: Digital Strategy
Implementation
Define the digital
architecture and devise a
strategic business
implementation plan,
serving as the blueprint for
detailed execution in the
digital era.
Digital Strategic
Business
Planning
Methodology

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Digital Strategic Business Planning Methodology
PHASE DESCRIPTION
Digital Strategic
Review
Assess the organization’s current state and external environment
to establish its competitive position in the digital landscape.
Digital Visioning
Define the desired state of the organization in the digital realm to
guide the development and implementation of strategies for
achieving digital goals.
Digital Strategy
Formulation
Craft business strategies leveraging organizational strengths and
external opportunities in the digital landscape to attain the
envisioned state.
Digital Strategy
Implementation
Define the digital architecture and devise a strategic business
implementation plan, serving as the blueprint for detailed
execution in the digital era.
The Four Key Phases of Digital Strategic Business
Planning Methodology

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The Digital Strategic Business Planning Methodology
provides a blueprint for achieving the organization’s future
state vision
Digital Strategic Business Planning Methodology
Digital Strategic
Review
Digital
Visioning
Digital Strategy
Formulation
Digital Strategy
Implementation
§ Review current digital
state
§ Identify areas of
competitive
advantage in the
digital landscape
§ Analyze industry
trends and digital
competition
§ Envision the desired
digital state
§ Identify and screen
digital opportunities
§ Analyze digital
opportunity gaps
§ Benchmark and
make
recommendations for
digital strategies
§ Define the digital
blueprint
§ Identify digital
programs
§ Define the digital
implementation plan

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Digital Strategic Business Planning Methodology
§ Review current
digital state
§ Identify areas of
competitive
advantage in the
digital landscape
§ Analyze industry
trends and digital
competition
Digital Strategy
Implementation
Digital
Strategy
Formulation
Digital
Visioning
Digital
Strategic
Review
Digital Strategic
Business
Planning
Methodology

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Phase 1 – Objectives
Conducting a Comprehensive Digital State Review:
§ Evaluate the organization’s current standing and external
environment within the digital landscape, establishing its competitive
position.

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1.1 Review Current State
§ Review the organization’s current vision and mission in the digital
context. The primary questions to answer are:
• Why does the organization exist in the digital landscape?
• What function does the organization perform digitally? (What digital
products or services does it offer?)
• For whom does the organization perform this function digitally?
• How does the organization go about fulfilling this function in the digital
realm?
§ Identify the major digital forces driving the organization. Examples of
driving forces are digital products and services being offered
(including online), methods of digital distribution, the digital market
being served, digital growth, etc.

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1.2 Identify Areas of Digital Competitive Advantage
§ Identify the organization’s areas of digital competitive advantage by
conducting a competitive assessment of the target digital market:
• Who is the competition within this target digital market?
• Who are the direct digital competitors (i.e., those providing the same
digital product or service)?
• Who are the indirect digital competitors within the industry (i.e., those
providing similar alternative digital products or services which provide the
same or similar digital benefits)?

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1.3 Analyze Digital Industry Trends & Competition
§ In the identified areas of digital competitive advantage, identify the
data/information needed to detect digital trends and competition:
• Industry Level - Digital financial trends, digital industry leaders, digital
industry statistics, etc.
• Organizational Level - Key digital customers, key digital competitors,
key digital suppliers, etc.
• Digital Business Process Trends - Changes in digital processes,
automation trends, etc.
• Technological Trends - Digital technological advancements and their
implications.

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Digital Strategic Business Planning Methodology
§ Envision the
desired digital
state
Digital Strategy
Implementation
Digital
Strategy
Formulation
Digital
Visioning
Digital
Strategic
Review
Digital Strategic
Business
Planning
Methodology

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Phase 2 – Objectives
Defining the Desired Digital State:
§ Envision the ideal digital state for the organization, guiding the
development and implementation of digital business strategies to
achieve specific digital goals.

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2.1 Envision Future Digital State
§ Define the organization’s desired future digital vision and mission.
The primary questions to address are:
• Why should the organization exist in the digital landscape?
• What function should the organization perform digitally? (What digital
products or services should it offer?)
• For whom should the organization perform this function digitally?
• How should the organization go about fulfilling this function in the digital
realm?

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Digital Strategic Business Planning Methodology
§ Identify and
screen digital
opportunities
§ Analyze digital
opportunity gaps
§ Benchmark and
make
recommendations
for digital
strategies
Digital Strategy
Implementation
Digital
Strategy
Formulation
Digital
Visioning
Digital
Strategic
Review
Digital Strategic
Business
Planning
Methodology

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Phase 3 – Objective
Formulating Digital Business Strategies:
§ Craft strategic digital business plans aligned with the organization's
digital vision.

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3.1 Identify & Screen Digital Opportunities
§ Identify proven or emerging digital technologies that are of interest
to the organization.
§ Examine how digital opportunities could enhance business
operations, e.g., e-catalog software, order tracking software, and
customer service.
§ Define and agree on a set of screening criteria for these digital
opportunities (weaknesses are also opportunities for improvement)
to be undertaken. Consider the following criteria for screening the
opportunities:
• Major areas of strategic activities that the organization could develop to
fulfill its digital vision

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Digital Strategic Business Planning Methodology
§ Define the digital
blueprint
§ Identify digital
programs
§ Define the digital
implementation
plan
Digital Strategy
Implementation
Digital
Strategy
Formulation
Digital
Visioning
Digital
Strategic
Review
Digital Strategic
Business
Planning
Methodology

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Phase 4 – Objective
Defining Digital Architecture and Implementation Blueprint:
§ Articulate the digital architecture and craft a strategic business
implementation plan, serving as the blueprint for detailed digital
execution.

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4.1 Define Digital Blueprint
§ Define the digital blueprint for implementation. Consider the
following:
• People
• Process
• Products and services
• Technology (including digital architecture)
• Consulting support
• Outsourcing of digital development
§ Define the new digital organization structure, roles, and
responsibilities to support the digital implementation plan.

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Summary: Digital Strategic Business Planning
Methodology
Digital Strategy
Implementation
Digital
Strategy
Formulation Digital
Visioning
Digital
Strategic
Review
Phase 1: Digital Strategic
Review
Assess the organization’s
current state and external
environment to establish its
competitive position in the
digital landscape.
Phase 2: Digital
Visioning
Define the desired state of
the organization in the
digital realm to guide the
development and
implementation of
strategies for achieving
digital goals.
Phase 3: Digital Strategy
Formulation
Craft business strategies
leveraging organizational
strengths and external
opportunities in the digital
landscape to attain the
envisioned state.
Phase 4: Digital Strategy
Implementation
Define the digital
architecture and devise a
strategic business
implementation plan,
serving as the blueprint for
detailed execution in the
digital era.
Digital Strategic
Business
Planning
Methodology

23. © Operational Excellence Consulting. All rights reserved. 23
Operational Excellence Consulting is a management training and consulting
firm that assists organizations in improving business performance and
effectiveness. Based in Singapore, the firm’s mission is to create business
value for organizations through innovative design and operational excellence
management training and consulting solutions. For more information, please
visit www.oeconsulting.com.sg