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BENEFITS OF DOCUMENT

Helps to structure the strategic planning process in clear steps
Provides a brief overview of key frameworks commonly used throughout the planning process

DOCUMENT DESCRIPTION

This document provides a holistic approach for undertaking strategic planning. While covering the traditional strategic planning approach, the document touches on adaptations that may be used in an unpredictable environment.

Contents:

1. Strategic Planning Overview
- Key questions and associated stages
- Key stages and associated elements
- Adaptation in an unpredictable environment
- Strategy approaches

2. Strategic Planning Process
- Main planning phases
- Breakdown of main phases
- Key planning activities and methods
- Typical timeline for traditional strategic planning

3. Strategic Intent
- Key elements of the Strategic Direction Statement
- Strategy and culture
- Goals vs objectives
- Big Hairy Audacious Goal (BHAG)
- Big Hairy Audacious Goal (BHAG) - examples

4. Stakeholder Analysis
- Mapping the key stakeholders

5. Internal Analysis
- Sources of competitive advantage
- VRIO analysis
- Porter's value chain

6. Environmental Analysis
- PEST analysis sample factors
- PEST analysis factors - summary slide
- PESTEL analysis sample factors
- PESTEL analysis factors - summary slide
- Impact/uncertainty matrix
- Scenario identification
- Identified key scenarios descriptions - summary slide

7. Industry Analysis
- Porter's five forces analysis
- Porter's five forces analysis - key factors to consider
- Porter's five forces analysis - summary slide
- Industry life cycle
- Industry life cycle with Porter's five forces

8. Market Analysis
- The BCG portfolio matrix
- The BCG portfolio matrix with characteristics
- The BCG portfolio matrix - plotted
- McKinsey/GE matrix
- McKinsey/GE matrix - potential actions
- McKinsey/GE matrix - plotted

9. Competitor Analysis
- Competitor identification
- Competitive benchmarking by relevant industry indicators
- Competitive profile matrix (CPM)

10. Strategic Synthesis
- Situation analysis drives strategy formulation and plans
- SWOT analysis - key elements and actions
- SWOT analysis - key questions to consider
- SWOT analysis - potential factors to consider
- SWOT analysis - summary slide
- Internal Factor Evaluation (IFE) matrix
- External Factor Evaluation (EFE) matrix

11. Strategy Formulation
- Strategy levels - a typical large company
- Strategy levels - a typical small company
- Porter's generic strategies
- Strategy types
- SPACE matrix
- Ansoff's matrix
- Ansoff's matrix - potential actions
- Blue ocean strategy
- Risk management process
- Risk rating matrix
- Risks and contingencies

12. Strategy Implementation
- McKinsey 7S model
- Balanced scorecard
- Balanced scorecard - cause and effect
- Balanced scorecard - cascading strategies and objectives
- Strategy map - strategic theme
- Strategy map - sample objective, measures, targets and initiatives
- Objectives vs goals
- Objectives - SMART
- Initiative action plan

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Source: Strategic Planning: Process, Key Frameworks, and Tools PowerPoint document

Strategic Planning: Process, Key Frameworks, and Tools

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This business document is categorized under the function(s):

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It applies to All Industries

File Type: PowerPoint (pptx)

File Size: 407.1 KB

Number of Slides: 79 (includes cover, transition slides)

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Initial upload date (first version): Aug 21, 2020
Most recent version published: Aug 21, 2020

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