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Strategic Business Planning Methodology Poster

This is a poster on Strategic Business Planning.

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Strategic Business Planning Methodology Poster

  1. 1. 1. STRATEGIC BUSINESS REVIEW To review the organization’s current state and external environment so as to establish the position of the organization with respect to the competition. 1.1 Review current state 1.2 Identify areas of competitive advantage 1.3 Analyze industry trends and competition Business Strategy Implementation Business Strategy Formulation Business Visioning Strategic Business Review 2. BUSINESS VISIONING To define the desired state of the organization so as to focus the development and implementation of business strategies in achieving the desired goals. 2.1 Envision desired state 4. BUSINESS STRATEGY IMPLEMENTATION To define the IT architecture and develop a strategic business implementation plan so as to serve as the blueprint for detailed implementation. 4.1 Define blueprint 4.2 Identify programs 4.3 Define implementation plan 3. BUSINESS STRATEGY FORMULATION To formulate business strategies based on the organization’s strengths and external opportunities to achieve desired state. 3.1 Identify and screen opportunities 3.2 Analyze opportunity gaps 3.3 Benchmark and make recommendations The strategic business planning methodology provides a blueprint for achieving the organization’s future state vision. “Plans are nothing, planning is everything.” DWIGHT D. EISENHOWER STRATEGIC BUSINESS PLANNING METHODOLOGY Strategic Business Planning Methodology © Operational Excellence Consulting. All rights reserved.
  2. 2. 1. STRATEGIC BUSINESS REVIEW To review the organization’s current state and external environment so as to establish the position of the organization with respect to the competition. 1.1 Review current state 1.2 Identify areas of competitive advantage 1.3 Analyze industry trends and competition Business Strategy Implementation Business Strategy Formulation Business Visioning Strategic Business Review 2. BUSINESS VISIONING To define the desired state of the organization so as to focus the development and implementation of business strategies in achieving the desired goals. 2.1 Envision desired state 4. BUSINESS STRATEGY IMPLEMENTATION To define the IT architecture and develop a strategic business implementation plan so as to serve as the blueprint for detailed implementation. 4.1 Define blueprint 4.2 Identify programs 4.3 Define implementation plan 3. BUSINESS STRATEGY FORMULATION To formulate business strategies based on the organization’s strengths and external opportunities to achieve desired state. 3.1 Identify and screen opportunities 3.2 Analyze opportunity gaps 3.3 Benchmark and make recommendations The strategic business planning methodology provides a blueprint for achieving the organization’s future state vision. “Plans are nothing, planning is everything.” DWIGHT D. EISENHOWER STRATEGIC BUSINESS PLANNING METHODOLOGY Strategic Business Planning Methodology © Operational Excellence Consulting. All rights reserved.
  3. 3. © Operational Excellence Consulting. All rights reserved. 3 Operational Excellence Consulting is a management training and consulting firm that assists organizations in improving business performance and effectiveness. Based in Singapore, the firm’s mission is to create business value for organizations through innovative design and operational excellence management training and consulting solutions. For more information, please visit www.oeconsulting.com.sg

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