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Strategic Planning Process Poster

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Strategic Planning Process Poster

  1. 1. Strategic Planning Process © Operational Excellence Consulting. All rights reserved. Strategic Planning is defined as the process by which the guiding members of an organization envision its future and develop the necessary procedures and operations to achieve that future. § Determine organization’s readiness § CEO commitment § Identify planning team members § Educate planning team § Involve other stakeholders § Set clear expectations 1. Plan the Planning Process 2. Define Shared Values and Mission 3. Analyze the Current Organizational Profile 4. Create an Inspiring Vision 8. Monitor Results and Make Improvements 7. Execute Action Plans 6. Develop Strategies, Objectives and Plans 5. Compare Current to Envisioned Organization 1 2 3 4 5 6 7 8 Plan the planning process Define shared values and mission Analyze the current organizational profile Create an inspiring vision Compare current to envisioned organization Develop strategies, objectives and plans Execute Action Plans Monitor results and make improvements THE EIGHT STEPS OF STRATEGIC PLANNING § Conduct a values scan § Shape the organizational culture § Formulate the organization’s mission statement § Analyze the macro environment § Analyze the industry environment § Analyze the competitive environment § Analyze the internal environment § Envision the organization’s future state § Innovate strategic business model § Conduct weekly or monthly self- review § Conduct quarterly or biannual review § Conduct annual review § Execute the action plans § Assign accountability § Acknowledge, recognize and celebrate § Formulate strategies and goals § Develop annual objectives and plans § Cascade goals throughout the organization § Develop and integrate action plans § Develop contingency plans § Assess organizational performance § Analyze the gap “The essence of strategy is deciding what not to do.” Michael E. Porter
  2. 2. Strategic Planning Process © Operational Excellence Consulting. All rights reserved. Strategic Planning is defined as the process by which the guiding members of an organization envision its future and develop the necessary procedures and operations to achieve that future. § Determine organization’s readiness § CEO commitment § Identify planning team members § Educate planning team § Involve other stakeholders § Set clear expectations 1. Plan the Planning Process 2. Define Shared Values and Mission 3. Analyze the Current Organizational Profile 4. Create an Inspiring Vision 8. Monitor Results and Make Improvements 7. Execute Action Plans 6. Develop Strategies, Objectives and Plans 5. Compare Current to Envisioned Organization 1 2 3 4 5 6 7 8 Plan the planning process Define shared values and mission Analyze the current organizational profile Create an inspiring vision Compare current to envisioned organization Develop strategies, objectives and plans Execute Action Plans Monitor results and make improvements THE EIGHT STEPS OF STRATEGIC PLANNING § Conduct a values scan § Shape the organizational culture § Formulate the organization’s mission statement § Analyze the macro environment § Analyze the industry environment § Analyze the competitive environment § Analyze the internal environment § Envision the organization’s future state § Innovate strategic business model § Conduct weekly or monthly self- review § Conduct quarterly or biannual review § Conduct annual review § Execute the action plans § Assign accountability § Acknowledge, recognize and celebrate § Formulate strategies and goals § Develop annual objectives and plans § Cascade goals throughout the organization § Develop and integrate action plans § Develop contingency plans § Assess organizational performance § Analyze the gap “The essence of strategy is deciding what not to do.” Michael E. Porter
  3. 3. © Operational Excellence Consulting. All rights reserved. 3 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

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