Strategic Planning focuses on defining the future direction of your business—not the steps to get there, which are addressed during the business planning phase. Your business plan serves as the execution framework for your strategic vision. Whether you need a plan that covers your entire organization or just a specific department, the process remains consistent.
STEP 1 – FUTURE STATE
This phase involves identifying both your business and personal goals, outlining where you envision your business in the next 3 to 5 years.
STEP 2 – CURRENT STATE
In this step, you assess your current business position using tools such as SWOT analysis, PESTEL analysis, Porter’s Five Forces, and our proprietary Business Assessment.
STEP 3 – GAP ANALYSIS
Gap analysis compares your present situation with your desired future state. The difference between the two defines your “Change Agenda.”
STEP 4 – STRATEGY MAP
Based on the gap analysis, we identify initiatives that can be realistically pursued within the next 12 months, aligning them with available resources and timelines.
STEP 5 – BALANCED SCORECARD
This step integrates the strategy map with key performance metrics. Both lead and lag indicators are applied to ensure your strategic objectives are effectively tracked and achieved.
STEP 6 – BUDGETING
Strategic implementation requires financial planning. The budget will encompass revenue projections, cost of goods sold or sales costs, operating expenses, and both capital and strategic investments.
Our strategic planning process follows a consistent methodology, whether for a full organizational plan or a specific business area. The service includes pre-facilitation preparation, guided on-site facilitation, and post-facilitation follow-up to ensure your strategy is clearly defined and actionable.