Overview of the Strategic Planning Process

Share this & earn $10
virtualstrategist
Published at : 23 Oct 2021
240457 views
2684
64

The four phases of the strategic planning process are assess, design, build, and manage. Assessing, designing, and building comprise the planning phases of the process while managing deals with the execution of our plan.

It’s common to be in the managing/execution phase and not get the results you want. In this case, you can dive back into various parts of the planning process to rework.

Great strategic plans begin with assessing our current state. We gather external perspectives (opportunities and threats) and internal perspectives (strengths and weaknesses) to build a SWOT analysis.

Next, we can design a strategy using our mission statement. Why do we exist as an organization, and what’s our purpose? With a clear mission, we can now cast our vision (future state). The strategic planning process is all about moving our organization from where we are today to where we want to be in the future.

To progress into moving to the desired future state, we need to answer, how will we succeed? Begin by identifying competitive advantages and long-term organization-wide strategies. From here, we can build our framework in which we categorize into the following perspectives:

● Financial
● Customer
● Operational/Internal
● People

Let’s build our plan. Using your corporate goals, where do you want to be in Q1, Q2, etc.? Cascade those corporate goals into department goals and, from there, individual goals. Congratulations, you now have a plan!

Managing your plan is just as important as building it. To execute, you need people (individual action plans), a system to track performance, and a process (monthly or quarterly reviews of performance).

More information is available at https://www.OnStrategyHQ.com

Download the guide here - https://onstrategyhq.com/prioritization-canvas-download/

Strategic planning process

Loud Luxury feat. brando - Body (Official Lyric Video)

Loud Luxury feat. brando - Body (Official Lyric Video)

The Associates   Party Fears Two

The Associates Party Fears Two

Starting a Lawn From Scratch | Seeding A Lawn

Starting a Lawn From Scratch | Seeding A Lawn

WE ALL DIE IN A YELLOW SUBMARINE!! | We Need To Go Deeper w/ Jack, Wade, Bob

WE ALL DIE IN A YELLOW SUBMARINE!! | We Need To Go Deeper w/ Jack, Wade, Bob

Delafaye - Time and Money (Lyrics in CC)

Delafaye - Time and Money (Lyrics in CC)

Bellamy Brothers - Let your love flow 1976

Bellamy Brothers - Let your love flow 1976

zellyocho - you can too (official mv)

zellyocho - you can too (official mv)

How Much Cash To HOLD in PORTFOLIO? (100% Invested or Wait)

How Much Cash To HOLD in PORTFOLIO? (100% Invested or Wait)

Selling High Priced Vs. Lower Priced Products By Closeoutexplosion.com

Selling High Priced Vs. Lower Priced Products By Closeoutexplosion.com

The Greenback Controversy and Panic of 1873 (HOM 27-A)

The Greenback Controversy and Panic of 1873 (HOM 27-A)

The Office US -  Best Moments - ALL SEASONS

The Office US - Best Moments - ALL SEASONS

The Differences Between Safety and Security

The Differences Between Safety and Security

The Goofy Flash Site that Defined an Internet Era

The Goofy Flash Site that Defined an Internet Era

Halloween Special Edition 80s ASMR RPG. Cutting Pumpkin, Bike riding, Hanging outside of a Party

Halloween Special Edition 80s ASMR RPG. Cutting Pumpkin, Bike riding, Hanging outside of a Party

We're beer drinkers...not campers! - Spanish Mackerel - Kayak Fishing - 4WD - Double Island Point

We're beer drinkers...not campers! - Spanish Mackerel - Kayak Fishing - 4WD - Double Island Point

Creepy Tik Toks And CGI Monsters You Should NOT Watch At Night

Creepy Tik Toks And CGI Monsters You Should NOT Watch At Night

Jason Mraz - Lucky (feat. Colbie Caillat) [Official Video]

Jason Mraz - Lucky (feat. Colbie Caillat) [Official Video]

WHAT’S IN MY WALLET Q4 2021 | Credit Card Strategy 2021

WHAT’S IN MY WALLET Q4 2021 | Credit Card Strategy 2021

PERIPHERY - Luck As A Constant

PERIPHERY - Luck As A Constant

Catching snakes by the handfuls! 🐍

Catching snakes by the handfuls! 🐍

Ben Pearce - What I Might Do

Ben Pearce - What I Might Do

Oh No, Wolfoo! Restroom under repair - Funny Stories About Potty Training of Wolfoo | Wolfoo Channel

Oh No, Wolfoo! Restroom under repair - Funny Stories About Potty Training of Wolfoo | Wolfoo Channel

Thus Far - Silver Cord

Thus Far - Silver Cord

Renée Geyer - Heading In The Right Direction (1975)

Renée Geyer - Heading In The Right Direction (1975)

Gioni - Trigger

Gioni - Trigger

Pith's penal complex | DED 8/10

Pith's penal complex | DED 8/10

Mila J feat. Ty Dolla $ing - My Main (Lyric Video)

Mila J feat. Ty Dolla $ing - My Main (Lyric Video)

FROLICKING IN CENTRAL PARK

FROLICKING IN CENTRAL PARK

Bath Song + More Nursery Rhymes & Kids Songs - CoComelon

Bath Song + More Nursery Rhymes & Kids Songs - CoComelon

How to Glue Metal with J-B Weld - Video 3 of 3

How to Glue Metal with J-B Weld - Video 3 of 3

A mixture of Arabic and Spanish singing 🇵🇸❤🇪🇸 #Terez_Sliman from Palestine🇵🇸 #Sofia_Adriana Fr

A mixture of Arabic and Spanish singing 🇵🇸❤🇪🇸 #Terez_Sliman from Palestine🇵🇸 #Sofia_Adriana Fr

Available | Live | Elevation Worship

Available | Live | Elevation Worship

"I Am" Successful Life Programing Affirmations | In 432 hz~ Listen for 21 days

"I Am" Successful Life Programing Affirmations | In 432 hz~ Listen for 21 days

HOW TO APPLY NAPKIN WITH ZERO WRINKLES | DECOUPAGE TUTORIAL

HOW TO APPLY NAPKIN WITH ZERO WRINKLES | DECOUPAGE TUTORIAL

We found a BETTER Discord

We found a BETTER Discord

What's The Smallest Amount Of Power You've Ever Seen Go To Someone's Head? (r/AskReddit)

What's The Smallest Amount Of Power You've Ever Seen Go To Someone's Head? (r/AskReddit)

r/Crackheadcraigslist | Lightly...?

r/Crackheadcraigslist | Lightly...?

Many Sorts of Music

Many Sorts of Music

Transforming Education, Skills and Lifelong Learning

Transforming Education, Skills and Lifelong Learning

Anime And Manga Is Rising In Popularity In The West! Puritans Find This To Be Problematic!

Anime And Manga Is Rising In Popularity In The West! Puritans Find This To Be Problematic!

Sam's Club vs. Costco

Sam's Club vs. Costco

5 Paranormal Events That You Will Not Be Able To Believe Actually Happened

5 Paranormal Events That You Will Not Be Able To Believe Actually Happened

온앤오프 (ONF) - Complete (널 만난 순간) MV

온앤오프 (ONF) - Complete (널 만난 순간) MV

Eric Bellinger - Focused On You Feat. 2 Chainz  - YouTube

Eric Bellinger - Focused On You Feat. 2 Chainz - YouTube

GREAT FREE VST PLUGINS 2021 (Variety of Sound bundle) USE IN PRO TOOLS! #VSTPLUGINS #PROTOOLS

GREAT FREE VST PLUGINS 2021 (Variety of Sound bundle) USE IN PRO TOOLS! #VSTPLUGINS #PROTOOLS

All-New 2022 Skoda Superb 4 - First Hybrid Render Based on Teaser of Superb IV Sedan & Combi Model

All-New 2022 Skoda Superb 4 - First Hybrid Render Based on Teaser of Superb IV Sedan & Combi Model

Sophia Fresh - This Instant (feat. T-Pain) [Official VIdeo]

Sophia Fresh - This Instant (feat. T-Pain) [Official VIdeo]

Your Daily Practise Vol. 2: Slings in Motion

Your Daily Practise Vol. 2: Slings in Motion

Fall 2021 Fashion Trends + How to Wear Them!

Fall 2021 Fashion Trends + How to Wear Them!