strategic planning process
TRANSCRIPT
Strategic Planning Process
Before embarking on the development of a strategy, I use this diagram to remind myself of all the factors I need to take into account. Much of it is
based on learning from obtaining an MBA through the Open University and my own pre-MBA experience. It has been developed for my own particular
area of work (public sector). It’s a guide and is not prescriptive!John Barrett 22 June 2011
Organisational Purposes and current strategy
Strategic opportunities and
threats
Identify OptionsStrategic decision making
Analyse External environment
Analyse capabilities and
resources
Human Resources•education, training, professional qualifications•flexibility•social and collaborative skills•commitment and loyalty•culture
•Sociological•Technological•Environmental•Political•Legal•Economic
Financial Resources•budgets
Physical Resources•Offices•Customer Contact
Technological Resources• Systems & Infrastructure
Reputation•IIP etc.•Innovation•benchmarking
•Opportunities•Threats
•Strengths•Weaknesses
•Current Strategy•Business Plans
•Stakeholder views•How can our strengths be exploited?•How can weaknesses be corrected throughacquiring and developing resources and capabilities?
Implement
•Structure•Culture•Systems
Four elements of a successful strategy•Simple and consistent vision and goals•Thorough appreciation of the external environment•Acute awareness of available resources•Effective implementation
STRATEGIC PLANNING PROCESS
Test of Choice•Suitability - consistency with Environmental and R&C analysis•Feasibility - how will it work in practice and how difficult will it be to achieve?•Acceptability - will stakeholders expectations be met?
Capabilities• staff development, performance management, relationship building, complaints handling, customer support, etc.