Strategic planning today is a requirement just to survive. Leaders must be looking ahead, anticipating change, and developing strategies to proactively and successfully navigate through the turbulence created by constant change.
Strategic planning provides an organization with a clear purpose and direction. Everyone in an organization needs to know what you produce, create, sell, service or do, who your target customers are, and how you compete. A good strategy will balance revenue and productivity initiatives. Without strategic planning, businesses simply drift, and are always reacting to the pressure of the day. Organizations that don't plan have exponentially higher rates of failure than those that plan and implement well.
In a survey of a broad section of CEOs, the Malcolm Baldrige Foundation learned that CEOs believed that deploying strategy is three times more difficult than developing strategy. That's why the Business Improvement Architect’s strategic planning process addresses both the development of key strategic imperatives and the successful execution of these strategies.
We work together with you to develop your future direction, the key influences on your operation and the key challenges you currently face. We assist you in describing your organization's competitive environment-through a comprehensive process that explores your key relationships with customers, suppliers, partners and stakeholders-to ensure that your key strategic imperatives maintain your benchmarked position.
Strategic Development Articles