Join Mike Figliuolo for an in-depth discussion in this video Applying strategic filters, part of Strategic Planning Foundations.
- As I mentioned, in the strategic planning process…there are times the team comes together…and there are times they go off…on their own to do some homework.…This is one of those times.…When they get ready to apply the strategic filters…what you need to do is assign homework.…Take the list of initiatives.…Everybody should contribute all the ideas…of what the organization might want to consider doing.…Once you have that list of initiatives,…break it up amongst your team members.…Identify who should be evaluating which set of initiatives…and then take the strategic filters…that you all agreed upon and distribute them.…
The homework should be have everybody…go through each initiative they're assigned…and document how that initiative stacks up…against the strategic filters.…For filters that are hard filters…they need to determine does this initiative…pass or not pass through that filter?…For ones that are softer screens…they should be able to identify…is this a low, medium, or high…in terms of how this initiative…scores against that filter?…
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- Avoiding strategic planning risks
- Assessing the market
- Conducting a SWOT analysis
- Defining your direction, mission, and vision
- Determining core competencies
- Evaluating and prioritizing opportunities
- Assessing your initiatives
- Organizing for success
Skill Level Appropriate for all
1. Before You Begin Planning
2. Defining the Strategic Environment
3. Setting Your Strategic Direction
4. Determining How You'll Compete
5. Evaluating and Prioritizing Opportunities
6. Assessing Your Initiative Portfolio
Using a 2x2 matrix2m 56s
7. Organizing for Success
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