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Franke Associates

"...Our Business is Improving Yours"
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Strategic Planning > Performance Assessment >  

STRATEGIC PLANNING

Franke Associates facilitates the planning process with the company management team and key stakeholders to develop a plan and roadmap to accomplish results.

 

Strategic Planning Process Steps                                                Questions to answer

1. Evaluate Current Situation                                  >                      Where are we now?
     A. External factors
     B. Internal situation
     C. Capabilities & Competencies (SWOT)
     D. Assumptions for the industry, influences
     E. Market  segments
     F. Perceived threats

2. Develop & Analyze Options                                >                       What options do we have? 
    Strategic Issues:
          Revenue Growth

          Product/Market/Industry expansion

          Geographic expansion

          Improvement Programs
          Sales/Marketing

          Partnering
          Financial Management

          Automation Implementation
          Relationships/Joint Ventures

          Employee Productivity

         

3. Select Opportunities & Develop Strategies            >                      Where do we want to be?
          Vision
          Strategies

4. Set Goals & Objectives                                       >                       How are we going to get there?
          Mission
          Objectives
          Goals (Financial, Operational, Human Resources)

5. Develop & Implement Plans                                >                        How are we going to get there?

          Action Plans
          Budgets
          Schedules

6. Develop Measures & Monitor Progress                 >                       How are we doing?
          Key Result Areas

          Scorecards & measures
          Communication & Reporting