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Selangor,Kuala Lumpur (KL),Shah Alam,Sungai Buloh - Strategic Plan Formulation For Business Success
10-Nov-2022
Strategic Plan Formulation For Business Success
Duration: 2 Days
Workshop Objectives
- Understand the external internal environment
- Assess the Organizational Health
- Diagnose the Desirability, Feasibility, Viability
- Develop the 4D Strategic Framework
- Craft strategies that are practical and powerful
- Define and design plans and programs for strategy realization
- Test plans for strategic alignment
- Inculcate the right culture and dynamics to support strategy realization
- Crafting a strategic pathway forward
- Develop goals and success measures
Key Content
Module 1: Setting The Context For Strategic Planning - Diagnostics & Internal External Analysis
- Organizational health check - people, process, customer, business diagnosis
- Assessing DFV - desirability, feasibility, viability
- Critical business issues identification
- Leadership & culture assessment
- Challenging assumptions framework
- Eliminating limiting beliefs and embrace empowering ones as the mindset to approach the workshop through strong collaboration
- Thinking styles assessment for business growth
- What we want / what we don't want
- Conduct internal external analysis
- SWOT, SOAR & CHIPS analysis
- Competitor analysis and competitive analysis
- Industry and market analysis
- Identify key issues and gaps
- Frame strategic framework
Module 2: Clarifying And Crafting Strategic Framework
- Revisit vision, mission and values
- What is our drawing force - business concept
- What is our driving force - core capability
- What to offer - core value proposition
- How to win - success factors - people, process, customer, business
- Clarify business positioning concept
- Develop strategic success factors
Module 3: Revisiting & Clarifying Unique Value Proposition & Market Contributions For Growth
- Presentation
- Getting clarity, breadth and depth
- Challenge assumptions and cross sharing presentation, sharing & critique
- Prioritizing issues, output, outcomes and ownership
Module 4: Strategic Action Planning - From Success Factors To Tactical Strategies, Plans And Success Indicators
- Distilling and converging the new ideas, tactics, actions and initiatives into a new level strategic action plan with new perspectives, possibilities and performance
- Strategy cascading system from the winning aspiration to critical success factors, success measures, tactical strategies, actions and initiatives in a coherent framework with supporting charts and data using story boards and visual thinking process
- ICEO - involvement, commitment, empowerment
- Determine key initiatives
- Using a matrix strategic action planning framework with a new level winning aspiration - into structured and systematic steps with metrics and milestones
- Strategic business action planning
Module 5: Walking Through Plans Through Business Model And Process Capability Analysis
- Performance analysis
- Business model analysis
- Clarify & redefine channels
- Review & redefine customer relationships
- Review & redefine key activities & key partners & synergies
- Leveraging key resources
- Existing & new income & revenue streams
- Clarify the markets, ''jobs to be done'' and new value proposition offerings
- Conduct competitor analysis and craft new incisive value propositions
- Strategy canvass
- Prework for review
Module 6: Cross Functional Integration Setting
- Cross functional integration across departments to ensure integrity of strategic business action plan
- Internal service level agreements setting across departments to clarify, confront and connect the disconnects
- Dimensions of QCDSSS - quality, cost, service, deliver (timeliness), service, security, safety
- Milestone chart with priorities, accountabilities & success indicators and feedback progress checkpoints
Module 7: Summary Action Plan, Detailed Action Plan, Checkpoints And Milestones
- Check for understanding
- Securing commitment
- Agreeing on priorities, commitments and ownership
- The way forward
- Closing and summary
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