BENEFITS OF DOCUMENT
DESCRIPTION
Introduction:
In the wake of the COVID-19 pandemic, the landscape of strategic planning has been forever altered. This document offers a simplified and practical approach to grasp the core concepts, processes, and implementation strategies of strategic planning, tailored to the evolving post-pandemic era.
1. Setting the Strategic Planning Stage:
• The Imperative for Change: Recognizing the need for a new strategic planning cycle post-COVID.
• Understanding Strategic Planning: Grasping the fundamental concepts that underpin strategic planning.
• Levels of Strategy: Exploring how strategy operates at various organizational levels.
• Types of Strategic Plans: Differentiating between organizational strategic plans.
• Traditional vs. Streamlined Models: Contrasting traditional and contemporary strategic planning approaches.
• The Strategy Roadmap: Mapping out the path from ideation to execution.
• Anatomy of Strategic Planning: Breaking down the components and elements of strategic planning.
• Defining Strategic Goals: Focusing on what the strategy aims to address.
2. Navigating the Strategic Planning Process:
• Four Crucial Steps: Embarking on the journey of strategic planning.
• Strategic Assessment: Evaluating the mission, vision, context, and environmental factors.
• Setting Strategic Goals: Incorporating sustainability considerations into goal-setting.
• Factors for Success: Identifying critical success factors, barriers, risks, and enablers.
• Defining Activities and Initiatives: Crafting high-level action plans.
• Analyzing the Landscape: Conducting PESTEL and SWOT analyses for informed decision-making.
3. Executing the Strategic Plan: Implementation Strategies:
• Turning Strategy into Action: Mastering the art of strategy implementation.
• Key Implementation Questions: Addressing pivotal questions in the implementation process.
• Resources and Competencies: Leveraging the necessary assets for effective implementation.
• Seven Implementation Actions: Outlining essential steps to execute the strategy.
• Tactical and Operational Planning: Translating strategy into actionable plans.
• Tool Guides for Implementation: Harnessing tools to guide strategic execution.
• Mapping Strategy to Outcomes: Navigating from mission to objectives and portfolio management.
• McKinsey 7S Framework: Applying a powerful framework for organizational alignment.
• Balanced Scorecard: Measuring performance and aligning with strategic goals.
This document serves as a compass in the new era of strategic planning, enabling organizations to adapt, thrive, and strategically navigate the post-COVID landscape. It offers a practical guide enriched with templates and graphics to facilitate comprehensive understanding and implementation of strategic planning concepts.
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Source: Best Practices in Strategic Planning PowerPoint Slides: Strategic Planning - The Ultimate Guide PowerPoint (PPTX) Presentation, RadVector Consulting
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