The steps of the strategic planning process in under 15 minutes
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- čas přidán 1. 06. 2024
- This video will walk you through each step of the Strategic Planning Process to give you an overview of all the work that goes into developing a Strategic Plan. We break down our process for aligning teams around a common vision, mission, values, goals and actions.
Throughout the strategic planning process, we stress the importance of team alignment. Getting your team and strategy aligned and on the same page will give you the best chance for successful Strategy Implementation.
► Subscribe to our channel for weekly videos on strategy & leadership: / @smestrategyinc
0:00 Introduction
0:25 Overview
0:39 Aligned Strategy Development
3:09 Mission
3:32 Values
4:20 Risks to good strategy implementation
5:39 What are the most important things you should be doing?
7:29 Cascading goals
8:26 Communicating the plan
9:15 How do you get alignment?
10:11 Strategy is about choices
// Connect with us:
► Contact us: www.smestrategy.net/contact
► Connect with Anthony on LinkedIn: / anthonyctaylor604
// About SME STRATEGY CONSULTING:
SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster.
► Check out our Strategy & Leadership Podcast: open.spotify.com/show/4yND4JK...
► Work with us: Are you looking for someone to facilitate your strategic planning process? www.smestrategy.net/strategic...
► Check out our online course on how to successfully lead your next strategic planning process: courses.smestrategy.net/cours...
I hope you enjoyed this video. If you have any questions about the process, please let me know in the comments! There are lots of different approaches to creating an aligned strategic plan, and we hope this one aligns with you.
If you're looking for a deeper dive into how to lead each step, check out our course: www.smestrategy.net/course
I learned and thank you very much
Very well helpfull, thank you sir
Very information. Can we get PowerPoint file to see when there is no internet.
If available I will be glad at my email: amcokhi@gmail.com
Hi can this planning be condensed if you have a time constraint and which ones would u choose
@@AG-fg4uj Honestly, it's all important. What we've done is in smaller chucks over a long period of time.
This video is required viewing by my graduate students in MSM 619 Strategic Planning & Implementation at The Catholic University of America
That is super cool John and amazing to hear. I'd love to connect with you on Linkedin- and if you're interested in having a guest lecturer I'd be happy to join your class one day. -Anthony (www.linkedin.com/in/anthonyctaylor604/)
As a business management student, this video helps me to have a clear overview of the strategic management process and a practical way to understand it
So grateful for this timely video 🙏🏾
I've never had this much clarity when planning and I begin to wonder where this video had been all along 🤗😊
Thanks I got 18/20 on my test after applying info I learned from this video for my in class test.
Very well explained, simply focused on what really matters
I do like this 15-minute explanation it was very clear and I did gain great insight of the strategic planning.
Excellent presentation.
Let me add corporate strategic budgeting for 10 to 15 years with the core objective of an organization to make profit, after caring for corporate social responsibilities, to give reasonable return on investment of shareholders.
To give reasonable return to shareholders every year for say 15 years, a corporate strategic budget for 15 years to be prepared which will dig out many problems during 15 years and will be addressed here like products, capacity of production, hr and hr development, diversification, BMRE of plant (balancing, modernization, replacement abd expansion) availability of other resources etc.
Anthony, thank you so much. What a concise and complete explanation of IT strategy. I will watch this a few times. So much to unpack. Great job.
Awesome. I hope this helps your strategic planning process
Why didn't I see this earlier?
This is by far the best presentation video I've seen this year.
Thanks for sharing!
You're very welcome! Thanks for watching!
Videos like this are classic and comprehensive for one’s understanding…I do appreciate your works to the community!
It’s being quite a year and couple of months now I’ve been trading and investing in market commodities, making huge gains and a loss at same time while learning under Mr. Ray Perkins mentorship platform. He’s the best I’ve worked with all through my trade journey.
Thanks to him I earn on a weekly basis having him manage my account and portfolio!
This is impressive coordination. I so appreciate your commitment to strategic planning and then making a bunch of accounts to comment on here.
🤣 well done.
Great Job! Just a clarification on risks. Risk and uncertainty are 2 different terms. Managing risk is easier because you can identify risks and develop a response plan in advance (foresight or based on your experience). Managing uncertainty, on the other hand, is problematic as there is an absence of previous information and too many moving parts involved to predict the outcome.
That is so true. I stand by you at 100 percent .
Does that mean uncertainty relaates to external env and risk- to internal environment?
@@bays19 you can have external and internal uncertainty, but in most cases you have more insight and resident knoweldge on the internal so it's less likely but definitely possible.
It is the same, risk is uncertainty that matter. We can identify risk by looking uncertainty event that could cause our goal fail
My life is ready for this. For years I have been struggling to stay focused on strategies whether personal or in business. This helps me greatly. I am ready to take my life to the next level. Thank you.😊
That makes me so happy to hear- and I'm glad we can help. Be sure to subscribe so you stay in touch and watch all the interviews we have with other great business leaders.
Hey i need your help
Such a comprehensive explanation related to the topic is applicable to any type of organization or institutional planning.
that was really smooth and clear , thank you so much
This video was a great way to understand strategic planning and the importance of knowing how and what goes into strategic planning. It simplified the process, and I see strategy alignment with both vision and purpose as a more significant part of strategic planning. Starting with input and analysis, one should include both internal and external stakeholders. Successful strategic planning depends on many things. Most importantly, everyone has to be on board. We need to ensure we provide all necessary tools, obtain buy-in at all levels, and provide effective strategic plan communication. A vision statement that motivates and inspires all levels of an organization will help employees meet the various goals and objectives which make the vision come to fruition. The pyramid is an excellent visual aid to understand this better. Another good point of the presentation was the piece on risks. Try to anticipate risks along the way and formulate ways to mitigate them. Cascading goals was something I hadn’t thought about, but I see now how this is part of the alignment. It is not only one level of the organization that is responsible for achieving goals and objectives. Lastly, there are choices. Strategy is all about making choices along the path to reaching the organizational vision.
You got it! Thanks for the summary!!
I appreciate how you express ideas in strategic implementation.
Thanks so much! I appreciate you watching and commenting. It makes making the videos worthwhile. :) - Anthony
Short and simple. Well done.
Thank you so much. This was much needed and actually you gave us the entire blueprint and how to bake a cake. Bravo
Thank you for simple & Clear information
Thank you so much for an excellent video!
This was soooo good. Very clear and to the point. Thank you so much for doing this guys. Definitely one I need to archive and reflect on again.
You are so welcome! Glad it helped! Be sure to subscribe and we'll share more! What would you want a video on?
@@SMEStrategyINC Subscribed! I'm not sure if you have videos on this already but perhaps some videos on
1. Some tips on hiring and onboarding new employees
2. How to appropriately let go of employees, decently while not having the post vacant for too long.
3. Tips on keeping team members on track without micromanaging.
@@WordsPictures997 Check this podcast interview out: czcams.com/video/Bf-QsscqKEI/video.html
We talk about HR and hiring- and I'll see what I can do for you for future episodes.
Awesome content, presented in a 'short and sweet' manner. I appreciate your efforts to share it with others, Anthony!
Thanks Miklos. Glad you enjoyed it! I look forward to sharing with you again!
@@SMEStrategyINC As I always put it: thank yourself first! I am just a mirror who tells you the truth +/-. But your material as well as the presentation are truly amazing. I like them. Throughout the past 32 years, I've created a great many Strategy Documents, White Papers, etc. for companies in multiple sectors and countries. It is an exciting task, indeed. Still, I am ready and willing to learn novel things from other professionals, like your good self, Anthony.
I am studying to take the PHR exam. As it relates to business management. Your Podcast was very VERY helpful. Thanks for sharing
That's so awesome. I appreciate that today!
Wow this was extremely helpful, the way you broke down everything is very easy to understand. Thank you!
Thank you SME. Your guidance really helped me and our organization
Once in a lifetime I became a reactive one but being proactive rather in IT at the time of budding the management in myself.
Thanks I used this for my class exam was really helpful
Thank you and it is educational. God bless your ministry.
who's here in 2020?? Thanks for the amazing video.
Hey thanks Dave!
That was clear, concise and thought provoking. 👍
Very informative and practical approach recommended. Thanks !!
Thank you it helps me a lot. Very close to practical.
Thank you for a very informative and easy to understand plan
Our pleasure. Be sure to check out more tools at www.smestrategy.net/blog
This has really helped me my business is growing and I have just realised I haven't shared my vision for company with my team
Thanks, Anthony. Helpful refresher.
Thank u so much, very precise and comprehensive.
Thank you so much
Very helpful content! This is the first video that I saw from your channel and will definitely be watching more
Thank you so much for very short and clear informative understanding plan
MY pleasure. Feel free to share with your network. It helps us spread the word :-)
Compact. Informational. Good cheet-sheet.
I found this short video one of the best examples. I'm looking for a basic template Strategic planning for a small nonprofit Craft Studio.
In case I could not fund, then I will use yours showing you logo on it.
Wish you all the best. 👌
Thank you Taj! I'm glad you liked it, and I appreciate you watching our videos. All the best to you and yours. -Anthony
Thank you for this helpful video! God bless you and your team, Anthony. Mabuhay from the Philippines!
Thank you!!!
Awesome ! Love how you explained it !
I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.
This is concise but so helpful in taking out all that get in the way of a clear destination as well as the journey in reaching the target..
thank you its a great HELP..
Glad you enjoyed it! Thanks Kim!
Thank you very much.
This video provides practical insights and valuable tips to make strategic planning exercise more effective. Hope you will present more videos that will help people work together not only for the benefit of their organizations but for all those who need these valuable information . Thank you so much
You are so so welcome! Thanks for watching and for the comment. we have LOTS more videos so be sure to subscribe and check out our podcast.
Excellent work to your team. Thanks for sharing
Thanks for watching and for subscribing!
Excellent présentation i had bien delivering courses on strategic planning for years now. I love the way you summarized it.
Great job.
Merci Franck! I hope we stay connected.
Very helpful! My org is realigning and we have to develop a new dept. function on the fly. This is very impactful in helping brainstorm and develop the direction. Thank you!
You are so welcome! If you need some more support we have courses or can facilitate a process for you.
Brilliantly insightful and concise.
Cheers!
Thank you so much and I will see all your videos 👌👏👏
This video from SME Strategy Consulting on strategic planning went into some solid detail around how to structure the strategic planning process I have not seen in other videos.
Fantastic presentation! In less than 15 minutes, you have concisely given us a very clear vision of the strategic planning process.
Thanks for watching. I hope this helps inform your own strategic planning process
Oh my goodness, I really needed this! THANK YOUUU
You're so welcome. What are you working on for this? PS: I checked out your vid, I'm Glad Quarantine didn't stop your celebrations.
❤❤❤ educating lecture 🇿🇲
Thank you for the video. Great Job.
Can't be better. Great video!👍👍👍👍 👍👍👍👍
thank you so much...
Excellent. Thank you!
You're welcome :)
Hello Mr. Taylor, thank you for sharing this planning video. It is appreciated.
Thanks for watching! It's appreciated. Be sure to subscribe! :)
Very helpful. Thank you
Great video, very clear with great concepts. Thanks
Glad you enjoyed it!
Very valuable thank you very much
This will definitely guide me as I take on service manager position. Thank you for this informative video
Glad it was helpful!
Thanks so much. Very helpful for me!!!
Our pleasure!
This video from SME Strategy Consulting on strategic planning went into some solid detail around how to structure the strategic planning process I have not seen in other videos.
What most videos like this touch on is the “cursory view of strategic planning”. “Where we now, where we are going, what we need to do to get there, etc.”. I thought the point that focused on “internal inputs” was a good because that could serve multiple things such as, thinking about the stakeholder enables you to focus on the communication in a more targeted way. Aligning to key contributors or participants helps solidify more ownership. The point that highlighted “going after a “big goal to polarize the team” is something important to consider in the planning phase in terms of risk vs. value. Going after a “big goal” can grab attention. A team can make a “big splash” going after something big, but it is not without risk. Starting with some “quick wins” might be better to build momentum, buy-in and confidence around the plan. Another point I though was important was “understanding culture”. The better the plan considers culture, it helps to align the message and the blueprint for your strategy more precisely. Establishing and monitoring KPIs along the way sometimes do not get enough focus but is clearly the yardstick to measure how you are doing and provides an opportunity to course correct.
I found this video valuable because it pointed out several key topics in strategic planning that perhaps don't get highlighted enough.
Thanks for the insight! We're glad you enjoyed the video. :)
Hey Nick- Anthony here, thanks so much for the thorough breakdown of the video. I'm so glad you liked it, and really look forward to sharing with you more. Thanks for watching and thanks for staying connected!!
Thank you very much for this video. I just started a new job as a business consultant. It was clear and targeted specific points. Thank you.
You are so welcome! I hope to see you again!
Excellent, exceptionally well conveyed strategic over view
Thanks Toto! I hope you enjoy our other videos!
Thank you.
I love it. This is helpful 😊
Great guide
Very good very good very good clip! Very tangible, compact and essential
Glad you liked it! Be sure to subscribe! czcams.com/channels/OHLNRrpk3rGUdg7qUQjiog.html
Great video, thank you for the information shared
Thnaks a lot for this another information
Great vid thanks for the info
Thank you!
My pleasure! If you want some more tools be sure to visit www.smestrategy.net
Thank you. Very insightful
Glad it was helpful!
Thank you
Spot on and to the point, thank you.
Glad it was helpful! Thanks for watching!
This was great; thank you so much!
You're so welcome. Be sure to subscribe to get every new video.
THANK YOU SIR
This was more then great .. very well put together
Yes very good
Thank you, Anthony. It really helped me.
I'm so glad! Good luck and be sure to connect on Linked in!
Makes life a lot easier. Thanks heaps
You're welcome!
This was very helpful! Thank you!
I'm so glad!
Many thanks, appreciated, it is very useful video. will be waiting for more.
Glad it was helpful! Be sure to subscribe! :)
excellent talk
Brilliant!
This is a uselful video. It would be easier to listen to and understand if the voice over was recorded with a person without a head cold.
Great video! Thank you 🙏
Thanks Garry!
Thanks sir. Pls upload more videos regarding MBA class
Really brilliant video
Amazing video,
Sinior .thank you for you translation.great.
Thank very match
Your content is the epitome of excellence. A similar book had a transformative power on me. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
Very good explanation, kindly do videos on Real Estate Segment
Fantastic presentation, is there somewhere I can download the power point used in this video?