When we are building a strategic framework with our clients, the first accomplishment is the refinement of an existing Vision Statement or the creation of a new one. What flows from the Vision Statement are Pillars of Success, Strategic Objectives, Measures and Key Initiatives.
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Strategic Objectives – Why we Need Them
An objective or measurable step is required to achieve any strategy.
That is why Strategic Objectives is one of the five elements of our Strategic Framework. It starts with a Vision Statement, it follows with Pillars of Success and then we develop Strategic Objectives. These are followed by Measures (dashboard) and Key Initiatives.
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Key Initiatives – the Final Element of a Strategic Framework
Establishing Key Initiatives for the organization makes a Strategic Framework a lot more “real” for many employees.
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Strategic Framework: Creating Measures and Using a Dashboard
In our facilitation and consulting practice we enable clients to build Strategic Frameworks. These multi-year plans include a Vision Statement, Pillars of Success, Strategic Objectives, Measures and Key Initiatives. It is important to differentiate Strategic Objectives, which are long-term, comprehensive and measurable outcomes, from Measures, which are the subject of this article.
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Getting Focus Within Strategic Planning
Within any organization, there is always a lot of noise. The noise is generated by the daily wins, losses, crises, frustrations, delays, complexity and a vast array of individual decisions. Critics of strategic planning argue that planning itself often adds to the noise and fails to provide clarity and focus.Continue reading ▹
Executing the Strategic Plan
We have congratulated ourselves on the creation of a powerful strategic framework to guide the organization for the next few years. For our clients will include a strategic framework with:
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Why Create a Strategic Framework – What’s in it for you?
Creating a strategic Framework should be designed to alleviate business pains and help generate business gains.
When assessing your current situation, three variables of pain may tell the tale – related to your:
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Advantages of Strategic Planning
Let’s consider five reasons why you should invest in strategic planning.
- The Promise of Long-Term Sustainability
- Helps your people
- Provides a touchstone for on-going decision-making
- Better allocation of resources
- It gets everyone off the bus
Strategic Planning, Surveys and Execution. How to Connect?
Surveying customers and employees is an essential component of strategic planning and executing a plan.
Our firm specializes in facilitates our clients’ development of strategic frameworks. These provide a multi-year roadmap to success.
Facilitator Questions for Strategic Planning
In most aspects of life, facilitation starting with the right questions can put us on the road to discovery and ultimate success. Below we will cover facilitator questions for a strategic planning.