What is Different About Our Reinventing Strategic Planning

What is Different About Our Reinventing Strategic Planning?

In the 21st Century

1. Dynamic Environment 1. Importance of regular environmental scan – do first
2. Desire for clear and broader results 2. Measurement focused—”quadruple bottom line”
3. Very complex world 3. Simplicity is key—Rule of 3 of 1
4. More competitive environment/drive to commodity/price only 4. Unique Positioning is essential—the right answer does count
5. Nonlinear future environment/major disruptions 5. Ideal Future State is the place to start — not the Current State Assessment
6. More demanding customers 6. “Data-Based Decision-Making”—planning team with an external customer orientation are key; not just senior management (support jobs)
7. More skeptical and less engaged employees 7. Parallel Process and Large-Group Annual Dept. Review Meeting—maximum involvement of rest of management/key employees
8. More diverse employee culture, background, ethnicity, age and values 8. Glue of Core Strategies and Core Values key to Cascade of Planning and implementation—with accountability of performance and rewards
9. Attention span shorter/more “noise” in the world (concept of entropy – all things run down and die) 9. Need for Monthly, Quarterly Progress Review meetings and Annual Strategic Review (and Update)—”buy in and stay in” are both key
10. No one has all the answers or skills – how to make sense of all the books, fads, theories? 10. Leadership Development done concurrently with Planning and Implementation to stay abreast of new concepts and assimilate the learning for us (Core Corporate Competency #1)
11. “Long-Term” is nothing without “shorter-term” successful implementation and change linked to longer-term 11. Create a Strategic Management System and Annual Cycle as new way to run the business (Core Corporate Competency #2)
12. Complexity within all organizations 12. Need “Strategic Business Redesign for “Watertight Integrity”—systems view, understanding and challenge of change (Core Corporate Competency #3)
13. Faster pace of work and life 13. Tailored Strategic Management System to your unique needs, from “Micro” to “Quick” to “Comprehensive” Strategic Planning
14. Faster pace and variety of changes 14. Flexibility and agility of implementation are key— “emergent strategies” a way of life (“Plan is a livingbreathing document”)