Strategic Planning

Overview

The development of a strategic business plan is often critical to achieving and advancing success in your business. Businesses that donít plan ultimately rely on luck, which we all know can go either way. However, formal strategic planning is often avoided or resisted, while informal strategic planning may not achieve the results you desire ó and worse, could go against the grain of your overall purpose.

A formal process is a good idea for several reasons. The process is structured so that you are sure to conduct a thorough SWOT analysis (Strengths, Weaknesses, Opportunities and Threats). The process is organized so that you get relevant input from the appropriate personnel. We facilitate the planning group in making informed decisions regarding the direction of your company. And when the plan is designed, everyone is on the same page and you can rest assured that your plan minimizes poor risks and threats, maximizes opportunities and strengths, and enhances progress and growth.

How it Works

Our approach to strategic planning is to form partnerships with our clients and facilitate every step of the process to the degree desired or necessary. Depending on the size and complexity of your organization and amount of analysis and planning already done, we structure a process that meets your needs. This usually involves

1) interviews to determine participantsí perceptions of your organizationís strategy and mission

2) a structured pre-work booklet designed to get the most relevant knowledge and analysis of the strategic situation before the planning process, and

3) a planning retreat in which the planning committee comes prepared with their individual analyses. During the retreat(s), we help you form core values and purpose, a long-range vision, strategic planning in time segments to achieve that vision, and annual business plans.

Benefits

Developing a strategic plan can be viewed as time consuming and challenging. However, itís a small investment of time for the beneficial results that are obtained. Our process:

• Creates a sense of purpose and direction throughout the organization
• Forces you to be proactive instead of reactive
• Identifies strengths, weaknesses, threats and opportunities
• Links medium- and short-range goals to your long-term vision
• Defines and prioritizes the most important objectives
• Charts a clear direction with specific objectives and action plans
• Ensures that everyone is on the same page and working toward the same goals

Find Out More

For further information, send email to Valutis@valutisconsulting.com

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