Strategic planning
Strategic planning aims to position business in a strong position with a 5-10 year plan that involves extensive business improvements and diversification. A global perspective of emerging technologies and their impact on your business is the key to strategic planning which could require a shift in focus and perspective and re-routing of finances and resources to meet long term goals.
Our services
- Quantifying long term business goals and setting the agenda for strategic planning
- Documenting short, medium and long term goals of the organisation to detail a specification for strategic planning
- SWOT for strategies, filtering the long term strategies to focus on
- Providing technology inputs into strategic planning
- Working closely with business owners to develop a written long-term strategic plan with focus areas, plan of action, resources needed and deliverables
Our approach
Strategic planning is mostly for business owners who wish to see their enterprise flourish in the future. The ownership structure and owner interest is important to identify first as only they can guide strategic plans and can commit resources to carry through the recommendations. We work closely with business owners, understand their needs, limitations, worries and drive when it comes to making long term strategic plans that could in some cases change the nature of business itself. Our approach is a combination of using qualitative and quantitative data with learning of best practices from various case studies and other examples. Our ultimate goal is to spell out the strategic plan in detail such that these are easy to implement and monitor.
Issues you may be facing
There are several reasons why you may choose to embark on long-term strategic business planning despite the fact that the business may be doing well. These include:
- You need to evaluate your business against emerging technologies
- You may need strategic business planning to ensure a smooth succession
- You may wish to sell the business or diversify
- You may need to refinance the business
- You may wish to sell products and services in territories where you need to understand competition, compliances and other issues