Corporate & Business Unit Strategy
In corporate level planning, we help senior executives organize and execute a process to decide in which businesses to compete, allocate resources and coordinate activities. In business unit strategy, we support the divisional head (CEO, President or GM) in developing strategies within three areas: 1) Growth, 2) Competitiveness, and 3) Operational Effectiveness.
Our team brings fresh perspective and entrepreneurial passion to strategy development and a comprehensive planning framework customized to the client's unique situation. Our approach considers three strategic planning process components: |
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Vision Development: Our methodology is derived from Collins & Porras theory of envisioning the future through a “vivid description” that evokes emotion; defining Big Hairy Audacious Goals, and Core Values & Purpose |
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Long-Range Planning (LRP): Is the planning process where strategies are developed to achieve growth plans, compete in existing markets and make organizational improvements. |
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Annual Operating Plan (AOP): Separating strategic planning from annual budgeting, yet having a framework to link them together allows resources to be allocated to the strategic and tactical priorities of the year, delivering better year-over-year results. |
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Some companies prefer to handle their own strategic planning activities, but have asked us to improve their process. In our experience we have found four common issues that when addressed improve strategic planning effectiveness: |
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Develop a clear vision that evokes imagination and emotion and acts as an aligning compass in everyday decision-making |
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Define separate roles & responsibilities between corporate and business unit level planning |
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Link the strategic planning process (LRP) to the budgeting process (AOP) |
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Develop a common set of tools, processes and templates for organization-wide planning |
Strategic Funds Management
Strategic Funds Management is a progressive strategic project portfolio management methodology that can improve resource allocation and create transparency in spending and decision-making. It resolves a critical issues for clients by linking the strategic plan, a multi-year, high-level planning process to the budgeting process, typically a one-year detailed planning process.
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Strategic Planning Deployment
The Strategic Planning Deployment Framework was developed from our experience helping clients effectively manage a strategic planning program with multiple initiatives and report progress to stakeholders. |
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