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The Steps of the Strategic Planning Process in Under 15 Minutes
In this video, SME Strategy Consulting runs through the steps involved in the strategic planning process.
In the strategic planning process there are basically 4 components. There is:
1. Where are we now?
2. Where are we going?
3. What is going to get in our way?
4. What do we need to do to get to where we want to go?
In the SME Strategy Consulting process, the Aligned Strategy Development Process, there are 3 types of alignment:
1. Alignment with the leadership team- so making sure everyone on a leadership team is on the same page
2. Alignment with the vision and strategy
3. Alignment within the whole organization- so top-down, bottom-up, everybody's on the same page
The first part of the strategic planning process is getting inputs. Where are we now? That's things like doing an external analysis, whether that's a SWOT or a PESTLE Analysis, you need to figure out what's going on outside of your organisation as well as inside your organisation as you build your strategy.
In this video, SME Strategy Consulting talks through the rest of the process outlining each step and useful insights.
Length: 11 minutes 4 seconds
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