WHAT IS STRATEGIC PLANNING AND WHY IS IT IMPORTANT?
Strategic planning is the practice of looking forward for your organization. It is a roadmap that helps you achieve a particular set of goals and priorities. A quality planning process operates step by step how you will proceed.
The benefit to any organization is that it helps you focus on what you want to accomplish and monitor within a defined time. It helps you not get caught up in the tsunami of urgent activities that detract from what you are trying to achieve.
What is strategic management and why is this important.
The goal isn’t to just create a plan. The goal is to accomplish strategy plus execution. Strategic Management is a process comprised of four phases: Assess, Position, Plan, and Implement. (Canic, 2021)
Strategic Planning is part of the process, but it isn’t all you set out to do. Quality strategic management is when you continually manage, track and considers new information so you re-adjust as necessary. It is also is about ensuring you have achieved the results you set out to accomplish.
Our facilitation techniques engage participants in the evidenced based components necessary to develop a robust strategic plan inclusive of vision & mission, strategic priorities and those critical strategies that will assist in managing your plan ( strategic management).
- Establish priorities
- Choose actions that are realistic and doable
- Create a transparent plan to move forward
- Effectively allocate resources
- Monitor your Success
Those individuals or teams who are in a leadership position within an organization or company and who will have responsibility for leading and oversight of the strategic planning process and have the leadership responsibility for the ongoing strategic management of the plan.