Guidelines

What are the 7 stages of the strategic planning process?

What are the 7 stages of the strategic planning process?

Seven steps of a strategic planning process

• Understand the need for a strategic plan.
• Set goals.
• Develop assumptions or premises.
• Research different ways to achieve objectives.
• Choose your plan of action.
• Develop a supporting plan.
• Implement the strategic plan.

What are the 6 steps in the strategic planning process?

The six steps to the strategic planning process include:

1. Identifying your strategic position.
2. Gathering people and information.
3. Performing a SWOT analysis.
4. Formulating a strategic plan.
5. Executing a strategic plan.
6. Constantly monitoring performance.

What are the 3 steps in strategic planning?

Successful strategic management involves three steps: Planning, Execution and Monitoring Developments & Progress.

What is the first step in strategic planning?

7 Steps Effective Strategic Planning Process

1. Step 1 – Review or develop Vision & Mission.
2. Step 2 – Business and operation analysis (SWOT Analysis etc)
3. Step 3 – Develop and Select Strategic Options.
4. Step 4 – Establish Strategic Objectives.
5. Step 5 – Strategy Execution Plan.
6. Step 6 – Establish Resource Allocation.

What is an example of a strategic plan?

Objectives include baseline performance, targeted performance, and an established date for achieving the objective. Any example of a strategic plan must include objectives, as they are the foundation for planning. In this example, our objective is to increase client satisfaction from 82% to 90% by December 31st.

What is effective strategic planning?

Effective strategic planning refines the vision for where the organization is going (or not going). It provides focus and direction for how the organization intends to achieve its vision, while managing the implementation of its plan.

How do you explain strategic planning?

Strategic planning is a process in which organizational leaders determine their vision for the future as well as identify their goals and objectives for the organization. The process also includes establishing the sequence in which those goals should fall so that the organization is enabled to reach its stated vision.

What are the steps in strategic planning?

The 9 Steps of Strategic Planning

1. Step 1: Situation analysis.
2. Step 2: Future state vision.
3. Step 3: Prioritize vision elements.
4. Step 4: Develop communication objectives.
5. Step 5: Develop strategies and tactics.
6. Step 6: Prioritize strategies and tactics.
7. Step 7: Define metrics, timelines and responsibilities.

How do you write a strategic plan?

The future state section should include these elements:

1. Strategic objectives.
2. Vision statement summarizing the company’s aspirations for the future.
3. Mission statement and core values and any anticipated changes.
4. Broad, high-level goals, expressed in long-term statements.

What is the PASTA method in marketing planning?

This article describes the PASTA method, a new roadmap for solving operational marketing and communication issues. But first, find out how our RACE Framework to structure your marketing strategy, or risk missing out on the benefits of communication planning altogether.

What’s the difference between a strategic plan and a marketing plan?

An operational plan is a normative plan to achieve an intended result. A strategic plan has a much broader horizon than the other ones. A business plan lasts for perhaps 10 years, a marketing plan for three years and a communications plan is only for the coming year.

What’s the difference between an operational plan and a strategy?

The strategy in an operational plan involves the choices of which communications tools are being used. In a strategic plan, management of the plan is called “control”, while in an operational plan it becomes “evaluation”.

What is the difference between a strategy and a concept?

The term “strategy” is comprehensive and confusing. It should be regarded within the context of an operational plan. The term “concept” can also be used in place of strategy. The development of a strategy or concept within an operational plan consists of four modules, which are interdependent.