Strategic Planning Framework
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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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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Establishing Key Initiatives for the organization makes a Strategic Framework a lot more “real” for many employees.
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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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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 ▹
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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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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Let’s consider five reasons why you should invest in strategic planning.
We have an approach that is neither onerous or time-consuming. It is thoughtful and purposeful. There are three critical steps of Strategic Framework Planning Process.
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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.