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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):

Strategy, Marketing, & Sales

It applies to All Industries

File Type: PowerPoint (pptx)

File Size: 407.5 KB

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

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Initial upload date (first version): Aug 21, 2020
Most recent version published: Dec 4, 2020

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