Learn what is required from both individuals and groups and at what times. This can help you manage expectations and get the best performance out of all your planning participants.
- When you run your strategic planning process it's important to be aware that there will be times you're working together as a team and people are off on their own doing individual work. The typical cadence of a good strategic planning process will have people working individually doing some pre work. Then you'll come together as a team and work on things like your vision, your mission, guiding principles. Then the team will go away and do individual work to evaluate some initiatives. They'll come back together to go through a prioritization meeting. They'll go away again as individuals and do deeper analysis on initiatives. And come back together to do final planning and resource allocation. And the deliverables that come out of this strategic planning process will be a strategic plan in the form of a document. You'll have a defined set of core competencies for what your organization is great at. You'll have a prioritized list of initiatives that you're going to pursue. And an implementation and sequencing plan where you've identified which initiatives, when and what resources are we going to allocate. Now, I'll cover all of these tools in future chapters of this course, but just remember that your planning process is going to be a balance between working together and working as individuals.
- Define the principles of strategic planning.
- Identify forces used to assess the market.
- Explain how to conduct a SWOT analysis.
- Articulate how to establish guiding principles and set goals.
- Explain what strategic filters are used for.
- Describe the steps of a strategic planning process.