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In this core chapter, you will decide the process flow charts, meeting agenda, and timelines, where the work gets done for one of three strategic planning methods. To get the strategic planning team engaged, they need to understand their role and time commitments— success depends on your team.
The sections that follow are written as checklists to follow to manage the process.
Keep in mind the three perspectives key team members will bring into the meetings: position the firm for the best return, adapt the firm rapidly to customer and market changes, or align the firm to use its resources efficiently. The method chosen needs to ensure all three perspectives are well represented.
Choose one of these methods:
developing scenarios for long term planning, to anticipate how your environment is likely
to change in the future and position the firm - where will the demand be?
- bottom-up or entrepreneurs, where key players rapidly adapt the firm
to customers' needs and get to market fast
- classic strategy planning, team-based forecasting, where teams throughout the organization go offsite to plan and align to the vision and top-down
goals. They develop their internal vision, strategic objectives, goals, and action plans to support the corporate vision.
In the next chapter, "Methods to Prioritize Your Opportunities ," I'll describe the tools
to sort through and prioritize opportunities.
Research Sources
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Considerations  |
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