When it comes to Strategic Planning, there’s typically a bit of confusion. First, what is meant by strategy and second, what is meant by planning. Other than that, everyone’s on the same page…
In grabbing the opening sentence from Wikipedia, strategic planning is
Simple, right? For many, the answer is no. The concept is vague and the implementation is illusive so traction is nil. And if you follow Wikipedia and drill into the definition of “strategy” you will find them define it as a high-level plan. So then Strategic Planning is “High-level Plan Planning”. No wonder people are confused.
So while you can Google any number of “strategic planning systems”, please hold that thought and let’s strip away some of the esoteric talk and get to some basics.
Here are the cornerstone concepts in our system of strategic planning and hopefully you find them easy to use.
- Plans are built from a leader’s perspective. You may be a CEO, CFO, CIO, Head of HR, or other department leader; but regardless of your role, you should have a set of outcomes and approaches your are contemplating to help focus you and your team on the organization’s overall success.
- Plans have three core components. The core components are the approaches (what you will do), the outcomes (why you will do it), and the milestones (how you will measure it).
- Plans are only realized through investment. You will be required to spend time and money to achieve your plans. Time and money are the fuel for the journey and without them, the journey ends where it started.
So, regardless of what strategic planning system you want to start with, at some point, you will need to deal with the points above to get started. And often, just a piece of paper and pen will be good enough. The power of our software, Blueprint, is to keep it living for people through-out your organization.