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StratXtra, Issue 2013-1 Strategic planning can be a handfull
March 04, 2013
Hello! Welcome to StratXtra, the electronic strategic planning newsletter designed to complement the website simply-strategic-planning.com.
The Simply Strategic Planning website was started because I was concerned that the field of corporate strategy had become excessively complicated. This growing complexity was in danger of creating confusion for practicing managers, business owners, and members of governing boards.
So that you can get your hands on practical information to help you in your own strategic planning efforts, I will use StratXtra to-
Big get together in Columbus, Ohio 25-26 September 2013
The Strategic Leadership Summit is bringing together the top leaders, thinkers, executives and researchers to discuss and share insightful methodologies, best practices, and techniques in the areas of strategic leadership, strategic planning and management, global economics, finance, leading and managing change, performance, systems, organization development, and human capital management. Details at http://arvoices.com/overview.
Before going further you might like an understanding of what I mean by strategic planning. Click here for a definition of strategic planning.
While I believe that strategic planning is vitally important, and I also believe that it can be a very simple process, that does not mean that I imagine that the process is easy to carry out well. It will be helpful though to keep our eye on the essentials.
Strategic Planning- the handful of
essentials Part 1.
I have found from long and sometimes painful experience that to effectively plan strategically requires only a handful of essential procedures. You can improve long-term performance of your organization, at dramatically reduced risk, with these five simple planning process elements or procedures.
This is how you Start and ensure Support for planning, and the implementation of the plan. The people you need to include are primarily the Chief Executive Officer and their immediate reporting managers, and the layer of staff or management at one remove from the Chief Executive Officer (CEO.
In turn the CEO must engage with the governing body, who in turn engage the beneficiary groups they are there to represent. Other stakeholder groups may possibly be affected by the implementation of the strategic corporate plan in the operation of the enterprise. Their interests must be respected. It must be remembered that the processes for engaging people operate in various ways in all the other stages of the planning process.
For more on who should be involved in the
strategic planning process go here.
I will go into more detail on each of the other four elements of the five essentials in following issues of StratXtra, our strategic planning newsletter.
Can't wait? You can get more information when you click here.
Next issue of StratXtra will talk about how to Set long term strategic objectives for improved performance of your organization.
Stay up to date
As well as StratXtra being a way to keep up to date with what is happening at simply-strategic-planning.com, you can also keep up to date by following the Strategic Planning Blog.
The Argenti System of Strategic Planning
The approach to strategic planning that is most in line with the philosophy of Simply Strategic Planning is that developed by John Argenti over forty years ago.
The Argenti System of Strategic Planning can improve the Performance of Your Business by helping you to find Strategic Elephants!
The Argenti process is the only all-in-one planning system, planning-assistance, and planning facilitation service that makes it simple for chief executives and other senior managers to design an exciting future for their organization and improve the performance and morale of the management team while doing so.
A strategic plan built using The Argenti System of Strategic Planning can result in superior long term performance for the organization, as clients can attest.
To find out more click here.
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If you have liked what you found at Simply Strategic Planning, or if you find anything offered here in StratXtra of some value to you, then...
...Tell your colleagues about Simply Strategic Planning, and StratXtra!
As I am basically retired from full time work now, I do not spend any money promoting Simply Strategic Planning. It grows mainly by word-of-mouth, enabling me to grow numbers of visitors, just like you, and to attract more people just like you, and to provide them with useful guidance on the strategic planning process.
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Here at Simply Strategic Planning, including our strategic planning newsletter, StratXtra, we only offer advice and information of a general nature. it is not intended to substitute for relevant professional advice.
See the Disclaimer.
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