Strategic reviews and planning
Many business leaders have had a bad experience with strategic planning. The strategic planning process can be derailed or delayed if there isn’t clear stewardship that harnesses a variety of inputs. Worse still is if it becomes a boring process that results in an unused document that has little bearing on the real-world activities and decisions undertaken in the business.
In contrast, our approach is based on the Vectis Business Success Ecosystem model that employs an interactive and iterative methodology that encourages whole-of-business thinking covering all aspects of business operations to an appropriate level of detail for your business. We provoke deeper consideration of relevant components and wont waste time exploring things that matter less.
In fact the Growth Plan phase is the first stage of the Business Success Ecosystem precisely because it is critical to view all business growth decisions through the correct lens.
Whilst we have a framework for strategic discussions we know each organisation has different needs. The idea of strategic planning could encompass areas such as:
- Clarifying the strategic direction
- Developing a strategic plan
- Updating an existing strategic plan to adapt to future requirements
- Defining the vision and/or values for the company
- Setting operational priorities to enable effective implementation
Our key difference:
Too often the strategic planning process is a few steps removed from the actual operating reality of business, meaning the end result – the plan – sounds good but doesn’t quite fit well enough to be implemented and sustained.
Our approach is to start with assessing your Growth Plan, during which we look at your growth goals from both a revenue (quantitative) perspective as well as qualitative factors that affect your capability to achieve those goals.
We dig into what needs to happen to achieve key outcomes, not just what the high-level goals are. Whilst still taking a strategic attitude, this deeper assessment included at an early stage provides a more realistic, and more actionable, picture of the overall business strategy.