In today's fast-paced and competitive business environment, organizations that don't have a strategic planning process in place are putting themselves at a significant disadvantage. Studies have shown that businesses without a strategic planning process grow slower, have lower profits, and are more likely to fail than those that engage in strategic planning. With so many different types of strategic planning frameworks available, there really is no excuse for not doing it. And if the reason for not engaging in strategic planning is that you don't have time, then the reason you don't have time is that you don't do strategic planning!
Over the next five weeks, we will be examining five different types of strategic planning frameworks that organizations can use to develop their strategies. Each blog post will provide an overview of the framework, its benefits, and how to implement it effectively. By the end of the series, you will have a better understanding of the various types of strategic planning frameworks available and be better equipped to choose the one that is right for your organization.
So, whether you are new to strategic planning or looking to refine your current process, this blog series will provide valuable insights and practical tips for developing a winning strategy. Stay tuned for the first installment next week, where we will be discussing SWOT analysis and how it can help you identify your organization's strengths, weaknesses, opportunities, and threats.
Scaled OKRs specializes in facilitating the strategic planning process. We work with organizations of all sizes and across different industries. When we're in the room and we're facilitating the strategic planning process, we're not the experts in your product or service, we are the experts in bringing the planning process to life. We ask the tough questions that everyone wants to ask but won't. Consider inviting us to your next strategic planning process and come away with a strategy that not only excites you, but excites your entire organization!