Strategic Planning Process: How to Create a Strategic Plan
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- Опубліковано 28 чер 2024
- This video will introduce you to the #StrategicPlanningProcess and includes a full overview of how to hold an effective planning session with your team. There are many reasons why a good #StrategicPlan is important. A strong strategy will help you align your team, make the best use of your resources, identify ways to accomplish your organizational goals, and much more.
In this video, we break down the strategic planning we use with clients to develop alignment, clarity and strategic direction around a strategic plan. That includes a vision, mission, values, goals, actions, & more.
#CreateaStrategicPlan
► Subscribe to our channel for weekly videos on strategy & leadership: / @smestrategyinc
00:00 intro
1:32 strategic planning: why/where/when/how?
4:51 starting the planning process
13:51 building a capability driven plan
15:01 VIRO framework
22:18 creating a strategic plan
41:23 cascading goals
45:08 strategy implementation constraints
49:14 implementing strategy
50:47 how to get team alignment
// Connect with us:
► Contact us: www.smestrategy.net/contact
► Connect with Anthony on LinkedIn: / anthonyctaylor604
// About SME STRATEGY CONSULTING:
SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster.
► Check out our Strategy & Leadership Podcast: open.spotify.com/show/4yND4JK...
► Work with us: Are you looking for someone to facilitate your strategic planning process? www.smestrategy.net/strategic...
► Check out our online course on how to successfully lead your next strategic planning process: courses.smestrategy.net/cours... - Фільми й анімація
This continues to be one of my favorite videos on the subject of strategic planning, and I viewed it again today. Based on today's viewing, I developed a one-sentence, concise reason to set up a strategic plan (To provide focus to my current law practice while allowing me to transition to a second career in commercial real estate development, with the target of creating a corporate structure by 2028 and purchasing the first property by 2030.) and identified six stakeholders who could assist with developing the transition from practicing law to developing commercial real estate.
Thank you. This is great.
Very helpful! Thank you very much :)
Great insights. Thank you for putting the video together.
Thank you so much for this valuable tool and information! I appreciate your generosity to share.
Thank you for sharing, a great reminder and always inspiring to listen to.
That's awesome Steve. Thanks for the note. I super appreciate it! -Anthony
Thank you very much. Great work ❤️❤️❤️
You're so welcome! Thanks for following!
GREAT! What do we want the future to look like? If your VISION was a place, how would we know we got there??
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Very clear and easy to understand , thank you
You are very welcome. If you think it would help others, please share!
Thanks for sharing. Useful!
Glad it was helpful!
Thank you, very valuable.
You are so welcome!
That was stupendous! Great Content!
So glad you liked it! :-)
Excellent... simple and straight to da point 👉
This is great thank you.
I am glad you made a shorter video on the above as that helped.
You're welcome!
Thank you so much for this. You made my life so much easier.
You're very welcome. Check out our courses if you'd like to learn more: courses.smestrategy.net
This is great! Thanks
Thanks for the video, it was very educational
Glad it was helpful! :)
Thanks
Thank you , it is so helpful
You are so welcome!
This is a very good explanation and well understood. Will listen it again and again. i am a business owner and a student of strategic management.
I can't believe this has so few views. Such a great rundown of strat planning.
I loved this video, and I will be implementing the lessons therein to plan the future for my own business. I already assembled a list of Core Objectives for 2030, and next week, I will be establishing KPIs. What does success look like in 2030?
Love it! Thanks for sharing!!!
Awesome!
Thank u so much
excellent
That is excellent lecture, we will apply our work
Awesome
Realy great structured strategy input! Thanks.
Glad it was helpful Adrian!
Thanks for the full explanation about strategic planning, really appreciate the work.
I wanna ask one thing to be clear in my mind. Please answer me if you could. For my assignments, I need to develop a strategic plan in the context of the case study and article provided, one for 1,000 words and one for 1,500 words. Within those word limit, do I have to cover all steps of strategic planning process? Is there any difference between developing a strategic plan and creating a strategic plan?
If we develop a strategic plan to expand the business by finding the right markets, do we need to include all steps you have said or all steps of strategic planning process? Thanks again, looking forward to your reply ASAP.
As someone that has coached multiple business case competitions. Write your paper in enough detail that the person knows what you're trying to accomplish it, and how you're going to do it.
They should also be able to understand your thinking and your rationale.
Don't think like a student, think like a professional. :)
I hope that helps!
@@SMEStrategyINC I see. Thank you for your prompt reply!
@@juliat4877 I hope it helped!
@@SMEStrategyINC YEAP. According to your video, if we want to develop a strategic plan, we need to do strategic planning process of the organisation first such as internal and external analysis, stakeholder analysis, KPI, etc. ; my understanding is right??
@@juliat4877 That's correct.
What about à Newly created international organization...is it the same procedure for planning or there are other new things we need to consider.
Thanks for responding if you can
I think it's the exact same. If you're NEW NEW then a business plan might be a better place to start.
Where can I get the slides?
Wow
Why do I do a SWOT first if it is not used to create a vision? Why do I create a vision if it's not an input or filter to creating a mission? etc.
I'm going to answer this in a video because it's such a great question.
Short Answer: You need alignment between your SWOT and your vision. (If you build a vision without thinking about your SWOT you're not going to accomplish your vision)
If your mission doesn't align with your vision then you're going to be doing stuff that's moving you in the wrong direction.
Great question! Thanks for asking Erik- I hope that helps, and keep an eye out for that video.
I want to make a strategy for cricket team. Any can help how I implement all these points?
I'd say it's no different than any other business/organization. Start with the end in mind, prioritize and work backwards. :)
very poor explanantion... I am from Afghanistan i can make good presentation than this
Hi Ahmad, thanks for the feedback. How might we improve for the next one? When you said poor, did you mean not good? Thank you!