Strategy Formulation
“A Strategy is the framework of choices that determine the nature and direction of an organization.”
~Andrew Spanyi
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Why You Need a Strategy
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Taking the time to develop strategy is not only necessary, but critical to the long-term success and health of your organization.
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Studies show that most strategies do not last more than 3 years.
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The fact is that you need a plan to thrive in today’s business economy whether you’re a corporation, a non-profit, or a government agency.
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A strategy outlines the alignment of your Ways & Means to achieve your Ends and improves your organization.
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Financial and Insurance companies tend to favour organizations that have a strategy and a plan to execute it.
Strategy Facilitator
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What:
Strategy facilitation is the art of guiding groups in a process to do strategic planning.
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Why:
Executives are often tied-up in the day-to-day decisions of the organization, meetings, operational crises, personnel issues, customer relations, and dozens of other obligations and are often unable dedicate the time and mental resources required to prepare and generate the interaction required to formulate and manage their Strategy.
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A Strategy Navigator consultant, however, can devote hours focused on assisting the leadership in the preparation of a discussion to answer the three important questions crucial for strategy formulation.
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Where are we?
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Where are we going? and
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How are we going to get there?
Once these questions are answered, it then becomes something tangible for the leadership to execute.
How:
Having someone to work with you and your team on your strategic plan will allow for:
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Max Participation. Everyone to participate in the meeting.
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Focus. Focused because there is a structured agenda, and a person whose main job is to keep you on time, and keep the conversations on track.
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Tailored. The direct involvement of the organizations senior leadership in developing the plan will ensure the plan fits the organizations culture.
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Buy-in. Those who participated will then lead the execution. “Skin in the game”
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Better execution. The builders are also those expected to execute it.
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A Plan. The facilitator will provide notes and a plan to execute
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Main Effort:
Building a comprehensive Strategy that resonates with the client and their Organization.
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Outcome:
As your guide in the strategic planning process, we make sure that everything in your plan is clear, and focused on moving your organization from where it is today to where you intend it to be in the future. We also assist in designing a methodology to execute on your strategic plan complete with:
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An implementation plan;
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executive dashboard; and
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tracking mechanisms.
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Results:
Let our team’s years of experience with strategy formulation, campaign plan
and implementation plan development, and performance management help your team
meet their deliverables under tight timelines.
Activities:
A list of types of activities that will could be conducted
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Assist in the development of Mission and Vision Statements as well as Core Values;
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Perform Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis;
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Work collaboratively with the client’s leadership team members to provide critical analysis, objective insight and recommendations for engagement strategies in support of the client’s objectives;
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Assess the organization’s capacity/capability to undertake and successfully deliver an initiative or change;
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Examine the link between the goals of the organization and how the work is performed to achieve those objectives at strategic and operational levels;
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Review existing operations to understand the extent of current business operations and potential growth opportunities; and
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Develop measurable action plans designed to achieve spectacular results in the shortest time possible.