Strategy planning and budget preparation
Strategy planning and budget preparation activities every year justify getting away from day to day interruptions. They also justify employing an external facilitator so that every member of the team can play a full part in the process.
Business plans are a key tool in successfully progressing and monitoring progress of any organisation. But, in a fast changing world, steadfast adherence to an out of date plan is no more useful than no plan at all.
So, the quality of planning is key. Corporate retreats, scenario planning and revisiting the vision, mission and values all provide processes for breaking out of "habitual thinking" to address current and future realities.
How can a facilitator help?
An experienced facilitator who understands business processes, who actively monitors the external environment and who is prepared to challenge internal assumptions will act as a catalyst for achieving more robust strategies and budgets.
An experienced facilitator who takes responsibility for managing team effectiveness can ensure that all members are able to contribute their full potential.
What can a facilitator do?
A facilitator will introduce many standard planning tools to strategy planning and budget preparation, including:–
- brainstorming
- SWOT analysis (strengths, weaknesses, opportunities, threats)
- PEST analysis (political, economic, social, technological)
- Balanced scorecard
- Scenario planning
- Systems thinking
Do you need an Internet strategy?
Increasingly, all companies need to incorporate an Internet strategy in their planning. Whether you are old economy or new economy, the Internet will impact on your business.
Beware: The Internet will bring great opportunities for promoting and selling products and services, for improving procurement and internal processes. It will also bring greater price comparison and turn more products and services into commodities. The Internet is likely to lead to greater innovation and LOWER prices – and as a result LOWER profits for many.
It is too late to ignore the Internet.
Find out more
We don't know whether your planning and budget preparation season is due now or whether you would like to know more about what is involved. Or about facilitation. You could contact us now. Or you could:–
Or, of course, you could do nothing.
The choice is yours
Why not contact us now.
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