This is a presentation to co-operatives on strategic planning. The process of coming up with a strategic plan is as important as the final document. It is critical that co-operatives participate fully in drafting their own strategic plans and coming up with final document that they own and can implement. Strategic plans are critical for co-operatives to prioritize what they want to achieve and within what time period.
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- 1. STARTEGIC PLANNING BY STEPHEN KIRITU MWANGI CO-OPERATIVE OFFICER
- 2. Meaning of Strategic Planning Strategic planning is the process of formulating an idea to achieve a long term objective. Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy.
- 3. Purpose of Strategic Planning Strategic Planning allows an organization to: a) Set priorities; b) Focus energy and resources towards a common goal; c) Strengthen operations; d) Establish agreement around intended outcomes/results; e) Manage and reduce business risks; and f) Assess and adjust the organization’s direction in response to a changing environment.
- 4. Strategy Formulation Strategy formulation refers to the process of choosing the most appropriate course of action for the realization of organizational goals and objectives and thereby achieving the organizational vision. Strategy – a plan of action designed to achieve a long-term or overall aim.
- 5. Strategy Formulation The basic guide in the development of a strategic plan hinges on satisfactory answers to: What? Who? Where? How & When?
- 6. Strategic Formulation To answer these questions we consider: Resources (human as well as infrastructural resources) Performance target & time-scale Budget Partners (Who are your partners? What are the Co-operative obligations to the partners? What is the role of partners in the Co-operative achieving its objectives? What do we have to offer the partners?)
- 8. Mission statement A mission statement is a short statement of why an organization exists, what its overall goal is, identifying the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation.
- 9. Mission statement What is the Co-operative really doing? What activities are you currently engaged in? Which other activities do you hope to engage in the next 3-5 years? What will the Co-operative offer and what will make it special/competitive?
- 10. Mission statement Example KCB- To drive efficiency whilst growing market share in order to be preferred financial solutions provider in Africa with global reach. Kenya Power- Powering people for better lives by innovatively securing business sustainability. Arthi Sacco- To provide exceptional services to attract and retain savings and offer credit for the improvement of the economic lives of members
- 11. Vision Statement A vision statement describes what a company desires to achieve in the long-run, generally in a time frame of five to ten years, or sometimes even longer. A vision statement is an inspirational statement of an idealistic emotional future of a company or group.
- 12. Vision Statement Examples KCB-To be the preferred financial solutions provider in Africa with global reach. Kenya Power- Energy solutions provider of choice. Arthi Sacco- To be the leading Sacco in serving members timely and efficiently
- 13. Values What are the Co-operative values? What are the standards governing the Co-operative? What is the relationship with the community, customers, suppliers, employees and stakeholders/partners?
- 14. Values Example - Kenya Power: Core Values We put our customers first as they matter most We work together as one team to achieve our goals We are passionate about powering the nation We believe in integrity and delivering on our promises We strive for excellence in all that we do We are accountable to our customers and stakeholders
- 15. Achievements to Date Since inception, what are the major achievements? What is it that the Co-operative hopes to achieve? What is stopping the Co-operative from achieving its goals? What would be the benefit to the members/group and community if all the goals were achieved?
- 16. Goals and Objectives Goals are the outcomes you intend to achieve, whereas objectives are the specific actions and measurable steps that you need to take to achieve a goal. While goals create a vision with a wide range, objectives focus on the individual, achievable outcomes. Objectives are the concrete deliverables that make the goal come to life. Progress towards them helps measure advancement to reaching the larger end goal.
- 18. Goals What do you hope to achieve in the next 3-5 years in: Sales Market share Finances Conservation Employment and profits
- 19. Objectives What is a SMART objective? Specific Measurable Attainable Realistic Time-phased
- 20. Technical Capacity What skills do you require to achieve your objectives? What specialized equipment or facilities are essential in achieving your objectives? How much of what is required do you have? How do you hope to achieve the deficit?
- 21. SWOT Analysis Strengths Weaknesses Opportunities Threats Focus on internal & external aspects and address the human resources, financial resources and Infrastructure. Include in the SWOT analysis issues of Policy, Economy, Social, Technology, Environment and Legal (PESTEL).
- 23. Stakeholders Analysis A stakeholder is any person, organization, social group, or society at large that has a stake in the business. Thus, stakeholders can be internal or external to the business. Stakeholder analysis is the process of identifying the individuals or groups that are likely to affect or be affected by a proposed action, and sorting them according to their impact on the action and the impact the action will have on them.
- 25. Outline of the strategic plan: Executive Summary Introduction, Background Information Vision, Mission and Objectives of the Co-operative Organizational and Administrative Structure
- 26. Outline of the strategic plan: Conduct a detailed SWOT, PESTEL and Stakeholders Analysis Determine the necessary factors that will help mitigate the identified weaknesses and threats in order to achieve better leverage on the strengths and opportunities Defining the Strategies Determine necessary strategic interventions so as to identify activities, time frame and necessary resources (both human and financial)
- 27. Outline of the strategic plan: Prepare the Budget and determine sourcing for financing the Co-operative’s Budget Financing Implementation of the Strategic Plan – Allocate resources Implementation, Monitoring and Evaluation Implementation Matrix Annexes / Appendices
- 30. ACTIVITY-MISSION, VISION AND VALUES
- Executive Summary-An executive summary is a short document or section of a document produced for business purposes. It summarizes a longer report or proposal or a group of related reports in such a way that readers can rapidly become acquainted with a large body of material without having to read it all.
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Strategic Planning Templates for PowerPoint
Need a useful template to create and present a strategic plan, we have you covered. Strategic Planning Templates for PowerPoint are a set of slide designs with a wide range of editable charts, diagrams, logical models, clipart images, 3D illustrations and more.
You can create your strategic plan using our crafty template designs, such as to create a SWOT Analysis, Timeline, Mission and Vision Statement, etc.
Under this category you can download strategic management PowerPoint templates and slide designs to be used in corporate presentations on Strategy and Leadership. This category contains dozens of presentation diagrams for Strategy related presentations including popular business models and original layouts.
Goals Based Strategic Planning PowerPoint Templates
Strategic Planning Cone PowerPoint Template
Basic Strategic Plan Template for PowerPoint
Strategic Planning Chart Concept for PowerPoint
Ohmae 3Cs Model PowerPoint Template
Strategic Influencing PowerPoint Template
Sustainability Strategy PowerPoint Template
Plan Do Review Conclude Slide Template for PowerPoint
MOST Model PowerPoint Template
ROAM Board PowerPoint Template
Simple Action Plan PowerPoint Template
IT Maturity Model PowerPoint Template
Annual Marketing Plan PowerPoint Template
Training Plan Diagram Template for PowerPoint
Fit Gap Analysis PowerPoint Template
Product Launch Timeline Template for PowerPoint
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- Section 1. An Overview of Strategic Planning or "VMOSA" (Vision, Mission, Objectives, Strategies, and Action Plans)
Chapter 8 Sections
- Section 2. Proclaiming Your Dream: Developing Vision and Mission Statements
- Section 3. Creating Objectives
- Section 4. Developing Successful Strategies: Planning to Win
- Section 5. Developing an Action Plan
- Section 6. Obtaining Feedback from Constituents: What Changes are Important and Feasible?
- Section 7. Identifying Action Steps in Bringing About Community and System Change
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Start editing these infographics to show the different stages of a business' strategic planning. These multiple diagrams, timelines, tables and other kinds of schemes look so clean that there will be no questions asked after the slideshow. Adapt the amount of elements to your needs!
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Strategic planning:, eight steps to implementation.
In a constantly evolving world, organizations need strategic planning to adapt and stay ahead of the competition. However, despite being a basic business practice, many organizations struggle to make it work, resulting in disappointing outcomes. Our research and experience show that most strategic planning processes are poorly executed and rarely impact day-to-day decisions. To be successful, a strategic planning process should provide a framework against which all decisions can be evaluated.
What sets this model apart is that it includes a pre-planning step for assessing the organization's readiness and making the necessary preparations for a successful planning process. Additionally, the model incorporates steps for values scanning and shaping the organizational culture, which can greatly impact both the process of planning and the resultant strategic plan. The framework also facilitates the envisioning of the future state and creating the strategic business model before conducting the performance assessment, enabling the planning team to be creative and innovative before becoming analytical and critical. Lastly, the framework includes both traditional and newer frameworks/tools focusing on value creation.
The Eight Steps of Strategic Planning are presented in a sequential manner to guide organizational leaders and key stakeholders in planning and creating the organization's future.
The Eight Steps of Strategic Planning
The Eight Steps of Strategic Planning include:
Step 1: Plan the Planning Process
Step 2: Define Shared Values and Mission
Step 3: Analyze the Current Organizational Profile
Step 4: Create an Inspiring Vision
Step 5: Compare Current to Envisioned Organization
Step 6: Develop Strategies, Objectives and Plans
Step 7: Execute Action Plans
Step 8: Monitor Results and Make Improvements
Using this model for strategic planning will provide new direction and energy to the organization. The steps and sub-steps can be adapted to suit the specific needs and desires of the organization.
This comprehensive Strategic Planning PPT training presentation is most suited for the organization's internal planning team, strategy deployment professionals, and independent consultants. It can be used during annual planning cycles or when important real-time strategy decisions need to be made.
Note: This training presentation package includes:
Strategic Planning PPT training presentation (PowerPoint format, 16:9 widescreen)
Strategic Planning poster (PDF format, in color and monochrome, printable in A3/A4 size)
Acquire knowledge on the key concepts and principles of strategic planning
Describe the eight-step strategic planning process and the key frameworks and tools
Define the key factors for successful strategic planning
Key Concepts and Principles of Strategic Planning
Strategic Planning Process: The Eight-step Strategic Planning Model
Key Strategy Frameworks and Tools
Strategic Planning Best Practices
Included are the key strategy frameworks and tools such as: Power/Interest Grid for Stakeholder Analysis; VRIO Framework; Porter's Value Chain; PESTLE Analysis; BCG Growth/Share Matrix; McKinsey-GE Matrix; Porter's Five Forces Analysis; Competitive Profile Matrix; SWOT Analysis; Porter's Generic Strategies; BCG Strategy Palette; Ansoff's Matrix; Blue Ocean Strategy; Impact-Probability Matrix; Strategyzer's Value Proposition Canvas; Strategyzer's Business Model Canvas; McKinsey 7-S Model; and Balanced Scorecard.
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Design Thinking Workshop Guide
Design Thinking Frameworks Reference Guide
Design Thinking: Ideation Techniques
Design Thinking: Warm-Up Games
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Value Proposition Canvas
Business Model Canvas
Digital Transformation: People, Organization & Change
Digital Transformation: Step-by-step Implementation Guide
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Strategic Planning: Eight Steps to Implementation
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Introduction to Strategic Planning
Published by Paulina Warren Modified over 8 years ago
Presentation on theme: "Introduction to Strategic Planning"— Presentation transcript:
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