Expert Strategic Planning Consultants For A Well-defined Custom Strategy And Execution Process
As businesses and institutions navigate increasingly complex markets, most companies do not have a clear strategy, or the requisite skills sets to develop and implement a strategic plan. Strategic planning sets organizational course by bringing all the stakeholders together, and examining the current state of the organization, and setting goals for its future state. It’s an essential process that organizations undertake to define their long-term goals, allocate resources effectively, and adapt to changing environment. As such, the role of strategic planning consultants has become invaluable as they can provide the organization with the right strategic plan, and also help in its implementation across all functional areas.
Specialist strategic planning firm Group50 has subject matter experts in various strategic operations who can provide a rich library of best practices and knowledge of how companies in adjacent industries are working on their strategic planning. The consultants take a step-by-step approach to the process, which typically consists of below three levels.
Level 1
This first level of strategic planning consists of complex analysis and dialogue, which consists of tools like 5 Force Analysis, market research, value proposition, PEST (political, economic, social and technological) analysis, and other factors that are not needed in other parts of the organization. The use of these tools by strategic planning consultants provides a company’s leadership with a powerful base of information about the needs of the stakeholders, markets, customers, and current state of the business. Once the strategy is created, strategic planning consultants work on the strategic and operating gaps, and create strategies and tactics to address those gaps.
Level 2
The next level of strategy planning creates a bridge between strategy and results through full engagement of all stakeholders, alignment, skills, and team optimization. This domain of middle level leaders in the organization requires a full understanding of skills and capabilities required to close operating gaps and strategic gaps, and skills needed to operate the future state of the business. Most organizations fail to implement this part of their strategy, or do not give due consideration, or do not engage all stakeholders properly. Group50’s strategic planning consultants can help middle level leadership in a company to plan the organizational strategies and tactics to help them implement change, and operate the future state of a company.
Level 3
This part of the strategy is for operating teams, and provides them with the right human resources, skills, technology, and financial support for implementing strategies and measuring material results. It is all about technology, process reengineering, analytics, measurement, and continuous improvement. It’s the level at which strategic planning consultants work to transform supply chain, business processes and systems into the future state. Alignment and by-in are critical to successful implementation of Level 3. Leadership and employee engagement across all three levels is critical to effective development and implementation of strategy.
Group50’s strategic planning consultants can help businesses with tools and additional resources for a well-defined strategic planning and execution process that is custom designed to meet your unique needs. The consultants will schedule routine check-ins with various teams to assure that the schedule is adhered to, and roadblocks to completion are addressed.