Details
Strategic Plan Formulation For Business Success
Course Duration: 2 DaysWorkshop Objectives
- Understand the external internal environment
- Assess the Organizational Health
- Diagnose the Desirability, Feasibility, Viability
- Develop The 4D Strategic Framework
- Craft Strategies that are practical and powerful
- Define and Design Plans and Programs for Strategy realization
- Test Plans for Strategic Alignment
- Inculcate the right Culture and Dynamics to support strategy realization
- Crafting a Strategic Pathway forward
- Develop Goals and Success Measures
Key Contents
Module 1: Setting the Context for Strategic Planning - Diagnostics & Internal External Analysis
- Organizational Health Check - People, Process, Customer, Business Diagnosis
- Assessing DFV - Desirability, Feasibility, Viability
- Critical Business Issues Identification
- Leadership & Culture Assessment
- Challenging Assumptions Framework
- Eliminating Limiting Beliefs and Embrace Empowering Ones as the Mindset to Approach the Workshop through strong collaboration
- Thinking Styles Assessment for Business Growth
- What we want / What we don't wnat
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Conduct Internal External Analysis
- SWOT, SOAR & CHIPS analysis
- Competitor analysis and Competitive analysis
- Industry and Market Analysis
- Identify Key Issues and Gaps
- Frame Strategic Framework
Module 2: Clarifying and Crafting Strategic Framework
- Revisit Vision, Mission and Values
- What is our Drawing Force - Business Concept
- What is our Driving Force - Core Capability
- What to offer - Core value proposition
- How to Win - Success Factors - People, Process, Customer, Business
- Clarify Business Positioning Concept Develop Strategic Success Factors
Module 3: Revisiting & Clarifying Unique Value Proposition & Market Contributions for Growth
- Presentation
- Geting Clarity, Breadth and Depth
- Challenge Assumptions and Cross Sharing Presentation, sharing & critique
- Prioritizing Issues, Output, Outcomes and ownership
Module 4: Strategic Action Planning - From Success Factors to Tactical Strategies, Plans and Success Indicators
- Distilling and converging the New Ideas, Tactics, Actions and Initiatives into a New level Strategic Action Plan with new perspectives, possibilities and performance
- Strategy Cascading System from the Winning Aspiration to Critical Success Factors, Success Measures, Tactical Strategies, Actions and Initiatives in a coherent framework with supporting charts and data using story boards and visual thinking process
- ICEO - Involvement, Commitment, Empowerment
- Determine Key Initiatives
- Using A Matrix Strategic Action Planning Framework with A New Level Winning Aspiration - into structured and systematic steps with metrics and milestones
- Strategic Business Action Planning
Module 5: Walking through Plans through Business Model and Process Capability Analysis
- Performance analysis
- Business Model analysis
- Clarify & Redefine Channels
- Review & Redefine Customer Relationships
- Review & Redefine Key Activities & Key Partners & Synergies
- Leveraging Key Resources
- Existing & New Income & Revenue Streams
- Clarify the Markets, ''Jobs to Be Done'' and New Value Proposition Offerings
- Conduct Competitor Analysis and Craft New Incisive Value Propositions
- Strategy Canvass
- Prework for Review
Module 6: Cross Functional Integration Setting
- Cross Functional Integration across departments to ensure integrity of Strategic Business Action Plan
- Internal Service Level Agreements setting across departments to clarify, confront and connect the disconnects
- Dimensions of QCDSSS - Quality, Cost, Service, Deliver (Timeliness) Service, Security, Safety
- Milestone Chart with Priorities, Accountabilities & Success Indicators and Feedback Progress Checkpoints
Module 7: Summary Action Plan, Detailed Action Plan, Checkpoints and Milestones
- Check for Understanding
- Securing Commitment
- Agreeing on Priorities, Commitments and Ownership
- The way forward
- Closing and Summary
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