Details

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Strategic Plan Formulation For Business Success

Duration: 2 Days

Workshop 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 Content

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 want
• 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
• Getting 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