In a recent McKinsey & Company survey, just 45 percent of the respondents said they were satisfied with the strategic-planning process. Moreover, only 23 percent indicated that major strategic decisions were made within its confines.
Strategic Planning is an organization’s process of defining its strategy or direction and using this strategy to make decisions on allocating its resources (time, money, people) to pursue and accomplish their goals. Strategy needs to be a continuous process, owned not just by top management but by everyone in the organization. Strategic Planning is an organization’s process of defining its strategy or direction and using this strategy to make decisions on allocating its resources (time, money, people) to pursue and accomplish their goals. Strategy needs to be a continuous process, owned not just by top management but by everyone in the organization.
We can help you develop and implement your organization’s strategies to become the best.
Our effective strategic planning process includes five key areas:
- Purpose: Why do we exist as an organization? What is our over-riding purpose for being in business?
- Core Values: What is it as an organization and individuals that we believe in?
- Vision & BHAG’s: What type of organization do we want to be in the future? Can we define it effectively?
- Long Term Strategies and Objectives: Can we define exactly how and when we will accomplish our game plan?
- Balanced Scorecard: The performance management process to exceed our goals, tasks and KPI’s.
By considering all of these five key areas, a well rounded and effective strategy can be developed. We’ve done it before and we can help you accomplish an effective strategic planning process for your organization.
Contact us for a free initial consultation to see how we can assist you in improving your organization’s strategic planning process.
Testimonials
Strategic Planning
“The LYNCH Group helped us develop our overall Vision and BHAG’s which we turned into active goals and targets.”
Lean Startup
“Doug has played a key role in UCSB’s initiative to teach lean startup methods to our students. He takes a personal interest in each team he mentors and does an exceptional job keeping them on track toward discovering repeatable, sustainable business models. We are fortunate to have Doug on our team!”
Leadership Development
“Working with The LYNCH Group has immensely helped myself and my company grow, both personally and professionally. He’s been a great mentor, coach and advisor to me.”