Join Mike Figliuolo for an in-depth discussion in this video Comparing and prioritizing initiatives, part of Strategic Planning Fundamentals.
Remember, strategic planning is about…focus and prioritization.…You can properly allocate very limited resources…to the highest potential initiatives that you can pursue.…This is one of those steps of the process…where you're going to bring everybody back together…to evaluate the initiative portfolio.…The inputs to this step of the process…are for everybody to have completed their scoring…of their individual initiatives,…relative to your strategic filters.…
Then you're going to distribute those evaluations…and discuss…because you want everybody on the team calibrated…as far as what a filter means…and what a High truly is…or what a Low truly is.…You're going to share all the initiatives…and ask initiative owner…to walk the group through their scoring…and to defend how they justified that particular score…on that specific filter.…Once you've gone through…all of the initiatives on the list,…you need to discuss with everyone…the points where things are different,…where one person says "this initiative is a High,"…and somebody else has an initiative that's a High…
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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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