Q: What key outputs may you expect from Executive Strategic Planning?
A: Vision- A big picture and “rules for the road” that construct the umbrella and culture of the organization for the next 5-15 years.
Strategic Objectives (Mission) - for the next 18-24 months to draw closer to the vision.
Values statement – Your organization’s values determine its actions.
Critical Goal Categories – 5 to 8 categories which are individually necessary and together sufficient to effectively assure the achievement of the mission.
Business Plan – Actions to pursue during the next 12-18 months.
Q: How much time might your planning process take?
A: A cumulative time of 12 to 19 hours, depending on how prepared and focused the participants are. The market plan, sales plan, key assumptions, budget, and forecasts are performed by management after the planning session. Many wait until fall to plan; however, that may create stress due to budget deadlines and the holidays. Planning can be done anytime. Why not in the spring or summer?
Q: What will your investment be?
A: That is based on the size, complexity of your organization and the number of participants. Your investment includes all materials and preparation, a kick-off session, the planning session and follow up calls. We can discuss that in a phone call and I can give you specifics. An average planning session with up to 15 participants is $9,500, plus reasonable travel expenses.
Depending on the needs of the organization, follow-up sessions and assistance in creating a strategic plan recap so it can be readily shared and referred to a dashboard to share are provided at no added investment to you.
Not included is any implementation of development processes to support your plan. Behavior and people development are often necessary critical goal categories for successful implementation. These developmental processes, e.g. executive coaching, are priced per person.
Q: How would I describe the executive strategic planning process?
A: It begins with a kick-off meeting 2 weeks in advance where each participant receives a workbook. All participants are requested to read and/or listen to the elements of the process and the business plan prior to the planning session. The planning session is a working one with my role being your facilitator. The strategic plan is usually completed in a weekend retreat setting. The CEO typically sets up the teams for the session in groups of 4 to 5 per table and they remain together. A mix of executives and directors is preferred.
This process creates ownership in the strategic plan. The benefit to the organization is that all participants are involved, understand the process, contribute and become better educated.
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