Business Unit or
What is the Demand?
How Well Do We Supply?
Firm, Business Unit or Department
Who should be involved?
Are you at the firm level, the business unit level or in a department? Whatever level, you will contribute to the strategic plan.
The emphasis will be:
- At the firm for the long range for positioning, goal setting and incentives, corporate values, horizontal integration, vertical integration, debt and equity management, resource allocation, managerial infrastructure, and human resources.
- At the business unit for competitive focus (adapt to customers and competition) to manage unique competencies, formulate multiyear broad strategies, define and evaluate action plans (6 to 36 months), strategic and operational budgets, and of course, enhance the custom relationship
- At the department level align the team to deliver for the customer, as well as manage cross-department coordination, develop multiyear action plans, prepare operational and capital budgets. Get the best out our your folks
Some of my clients in small firms have worked in all three levels simultaneously. So, the thinking was very well coordinated.
I also spent over twenty years in a huge, huge bureaucracy where understating the objectives above and below your level was very hard. The only way I learned where you can be a leader that influences strategy was to involve people in all three levels.
Who should be involved? Who will have a leadership role? Who will manage the complexity?
Experimental or Opportunistic