Friday, 1 October 2021

Strategic Planning Process

This schematic is an illustration of a typical strategic planning process. It can be tailored to meet specific requirements but demonstrates the thinking models that are used. There is a logical flow that will confirm the vision and create and/or ratify a mission statement for the company (or function) and works through a process to develop a strategic framework and identifies critical success factors for the business. The tactical phase develops actionable plans, again by CSF.
The key aspect of this process is the direct linkage between the strategic elements and the practical activities which results in an integrated plan. This "drill down" process ensures that the plan focused on the elements that provide maximum impact.






 

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