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BENEFITS OF 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: Best Practices in Consulting Frameworks, Strategy Frameworks, Strategic Thinking, Strategic Analysis PowerPoint Slides: Strategic Planning: Process, Key Frameworks, and Tools PowerPoint (PPTX) Presentation, ILMAM - Strategy & Management Consulting
OVERVIEW
ILMAM is a strategy and management consulting provider that specializes in:
• Strategic management, including strategic planning and performance management
• Strategy enablers, such as key business processes and governance
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