Strategic Planning Process (SPP)
Click on the numbers above to see each step
When it comes to writing a business strategy, it’s not just the words that count. A Strategic Planning Process (SPP) ensures you take the words and convert them into actions and projects. Companies and organisations are good at writing strategies; very few are good at implementing them.
Our strategic methodology follows a seven-step process. The e-book takes you through each step. It provides advice and guidence on how to set up and run workshops that will produce an effective strategy.
Strategic Planning Process
A vision and purpose will encapsulate who you are as a business. At the top-most level the statements describe what you want to achieve, and how you will interact with society, your staff and your customers. This is the foundation of an assessment that must be made to determine where you are and where you want to go.
2. Strategic Priorities
With your vision and purpose sorted, you need to understand clearly how you’re actually going to achieve your goals. Setting three strategic priorities will turn an abstract vision into the basis of a succesful plan. This is often where the real strategic planning process starts
3. Strategic Objectives
Strategic objectives break down a strategic priorities into ‘workable’ items. They are continuous improvement activities assigned to individuals, and usually fall under four categories: Financial, Customer, Internal Processes and Organisational Capacity.
4. KPIs and Targets
A Key Perfomance Indicator (KPI) is something that can be counted and compared. It provides evidence of the degree to which an objective is being attained over a specified time. In short, it’s the measure of how well you’re achieving your objectives allowing you to chart your success.
Activities that come as a result of a strategic planning process usually take two forms – remedial activity or actions (things that fix a problem) and strategic projects (to promote change). Identifying both will enably you to drive your strategy forward.
Once all of your hard work has been signed off and agreed by all stakeholders, the strategy needs to be communicated. Communication has to well thought through and structured to ensure it reaches the right people at the right time.
7. Automation (roll-out)
If you are serious about implementing your strategy, then you need to build your vision, purpose, priorities, objectives, KPIs, targets and projects into a software system. Do not be fooled into thinking this can be achieved with spreadsheets and presentations. If that is what you intend to do, then you need a strategic objective called ‘Improve our Strategic Process!”
Strategic Planning Professional
Become Certified in the Strategic Planning Process (SPP) by attending one of our strategy workshops. Work with your team at your location and with your strategy. Our facilitator will take you through the full Strategic Planning Process.