Comprehensive Framework for Strategic Planning Phases PPT
This PPT slide, part of the 44-slide Strategic Planning Checklist PowerPoint presentation, presents a structured overview of a Strategic Planning Checklist, detailing a systematic approach to strategic planning divided into 5 key phases. Each phase is essential for building a comprehensive strategy.
The first phase, Preparation, emphasizes defining the purpose and scope of strategic planning. It highlights the importance of identifying key stakeholders and forming a dedicated Strategic Planning team. Gathering and analyzing relevant background information, such as previous strategic plans and performance data, is also crucial to inform the planning process.
The second phase focuses on Vision and Mission Review. This involves revisiting or establishing the organization's vision statement, which outlines long-term aspirational goals. Additionally, it stresses the need to review or define the mission statement, clarifying the organization's purpose and core objectives.
Environmental Analysis, the third phase, involves conducting a SWOT analysis to assess internal strengths and weaknesses alongside external opportunities and threats. This phase also includes analyzing external factors through a PESTLE framework, which covers political, economic, social, technological, legal, and environmental influences. Reviewing industry trends is also part of this analysis.
Goal Setting, the fourth phase, requires defining strategic goals that align with the established vision and mission. It emphasizes that these goals should be Specific, Measurable, Achievable, Relevant, and Time-bound (SMART).
Finally, the Strategy Formulation phase focuses on developing strategies to achieve the defined goals. This includes prioritizing strategies based on their impact and feasibility and identifying the necessary resources, whether human, financial, or technological.
This checklist serves as a robust framework for organizations aiming to enhance their strategic planning processes.
This slide is part of the Strategic Planning Checklist PowerPoint presentation.
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It provides a checklist of 140 items to ensure a robust Strategic Planning process.
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Strategic Planning Vision Statement SWOT Analysis Environmental Analysis Goal Setting PEST PESTLE Purpose
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