Five Phases of Effective Strategic Planning PPT
This PPT slide, part of the 77-slide Complete Guide to Strategic Planning PowerPoint presentation, outlines a five-phase basic planning process essential for effective strategic planning. It begins with "Business Unit Identification," which likely emphasizes recognizing distinct units within an organization that require tailored strategies. This phase sets the foundation for the subsequent steps, ensuring that the planning is relevant to each business unit's specific context.
The second phase, "Situational Analysis," focuses on assessing the current environment and internal capabilities. This analysis is crucial for understanding the factors that could impact strategic decisions. Following this, "Strategic Formulation" is where actionable strategies are developed based on insights gathered from the previous phases. This phase is about translating analysis into concrete plans.
Next, the slide presents "Performance Analysis/Business Plan." This phase likely involves evaluating the effectiveness of the strategies and creating a detailed business plan that outlines how to implement them. Finally, "Performance Measurement & Control" is about establishing metrics and controls to monitor progress and ensure alignment with strategic goals.
The text emphasizes that the transition between these phases is critical, suggesting that each step must be executed in sequence for the overall plan to be effective. It also indicates that each phase will be explored in detail in subsequent slides, allowing for a deeper understanding of how to integrate these components into a cohesive planning approach. This structured methodology can be particularly beneficial for organizations seeking to enhance their strategic planning capabilities.
This slide is part of the Complete Guide to Strategic Planning PowerPoint presentation.
This presentation is created by an expert in Strategic Planning, having been involved in the planning sessions of 3M, Gillette, Rubbermaid, Zenith, Sunbeam, and 100s of others. He's been working in Strategic Planning since the 60s.
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