Executing the Preparation of a Strategic Planning

• Identify key stakeholders to participate (more than three, but less than ten persons).
  
• Conduct training.
• Oversee individual coaching and preparation.
• Initial session – vision, mission, values, business model.
• Second session – environmental, SWOT, ERM.
• Third session- department strategy and tactics.
• Fourth session – conclusions and review.
• Planning and executing communication plan.
• Follow-up and monitoring.

Results
A strategic planning process addresses specific issues and opportunities facing an organization as part of an overall plan; rather than as isolated incidences in a vacuum. Technological issues are resolved by identifying them as either enablers of the strategy, weaknesses, or potential threats. The process then establishes a plan to deal with each individual issue. The process also addresses financial and operational questions comprehensively, serves as a guide for future decision-making, allows for monitoring the progress of meeting specific goals, budgets aid the process and monitor the financial results, and measures the effectiveness of a company’s strategy.