Empowering and equipping executives to craft the high-level definition of the strategic plan is of cardinal importance.
We now have a large number of projects and plan actions that are grouped according to the individual Strategic SnapShots©, the Critical Factors for each component and the projects to close each gap.
The Strategic Map provides a logical structure to tie together all elements of the analysis leading to the Strategic Plan.
The strategic gaps are then analyzed to determine how they will be closed.
The next step is to score historic, current, forecast and objective performance
The next step in the process is for each delegate to privately determine the relative importance of each of the seven factors to achieving the strategic objectives of the organization.
Most delegates find this a highly constructive and challenging process.
There are some critical questions that every business executive and business owner should be asking themselves.
Very few people understand what strategy is. And very few people know how to “do” strategy, whatever that means. I suggested that “strategy is…
A strategic SnapShot© is a simple, quick-to-apply process that allows a team to understand the strategic essence of one chosen aspect of their organization, and to develop an action plan that delivers the required improvement.