|
Process, Meeting Agenda, Timelines
for:
Scenarios
Bottom-up
or
Entreprenuers in Small Firms
Bottom-up
in Large Firms
Classic
Strategic
Planning
"Team-based
Forecasting" |
 The
budget meeting
Even in large, wealthy corporations, very few senior
leaders have discretionary funds. The plan will unfold
within the budget, and folks always say "you cannot
predict tomorrow." A key to successful strategy
formulation is being flexible and clearly assigning responsibilities.
Flexibility
- How long until the strategy pays for itself?
- How and how often will we get feedback on the plans
progress?
- Is the plan at the right level of detail?
- How much contingency funding needs to be set aside?
Accountability
- Are the goals explicit, clear?
- Has the responsibility and accountability been delegated?
- Does the strategy align with our incentive system?
- Have the key players committed to the plan "eyeball
to eyeball?"
 Finalize
the action plans, budget numbers |
|
Team-forecasting
Timelines  |
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