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Strategy - Strategic Planning 


Posts on Strategic Planning at Eddielogic
- The Blog on Strategy and Management


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20 April 2012

A Study of Strategic Planning in Federal Organizations This dissertation explores strategic planning in federal agencies. The research seeks to uncover difficulties federal agencies experience when making strategic plans, to explore the relationship between these difficulties and the degree of publicness of the agencies, and to uncover and describe techniques used by federal agencies to overcome difficulties. pdf-file  
Breaking the “Dog and Pony” Show: Making Strategy Development a Competitive Advantage The way that strategy is developed and decisions are made have a significant impact on a company’s ability to outperform competition. TThe Strategic Dog and Pony show is merely a symptom of two core underlying issues: Poor Strategy Development and a lack of Value Based Decision Making.  new
Communicating Your Strategic Plan with Employees It's critically important that employees understand your strategy. Employees who understand your strategy will be able to make better day-to-day decisions that will support your vision.  
Future Research and the Strategic Planning Process The Rationale for Futures Research; The Stages of the Strategic Planning Process; Developing a Strategic Planning Capability…  
Improving Strategic Planning Most companies are not satisfied with the outcome of their strategic planning process.   
Planning is Dead? Long Live Planning! This article partly refers to the industry, but is relevant not just for the New Economy. April 2002  
Steps of the Strategic Planning Process Good overview in bullit point format  
Strategic Plan Outline Word document with a general outline of a comprehensive strategic plan or business plan.  
Strategic Planning After a decade of gritty downsizing, Big Thinkers are back in corporate vogue   
Strategic Planning at the Crossroads The economic stress of the past two years has thrown companies’ planning processes into turmoil, sharply reducing the effectiveness of their performance management programs. Revitalizing planning requires mastery of these three key capabilities.  
Strategic Planning FAQs    
Strategic Planning without a Battle Business families will reduce the potential for conflict and get better results if they use this five-step process to ensure that they're viewing the issues from a common perspective.  
Strategic Planning: Sometimes a Road Less Traveled is Best    
The Role of Finance in the Strategic-Planning and Decision-Making Process Financial Goals and Metrics Help Firms Implement Strategy and Track Success.   
Vision and Strategic Plans: Who needs them? Is a vision and strategic plan something you should worry about? Or is this something only for an executive team or the top leaders of your organization? You can answer these questions yourself.   
When the Trend Is Not Your Friend While we're reminded to "expect the unexpected," we continue to focus on trends and forecasts. How often are companies overtaken by unforeseen events? Anything from a food scare to a hurricane can cause a profound change in the business environment. Whether such shifts are good or bad, they all offer a lesson.   
Where Have All the 10-Year Strategies Gone? Short-term thinking has become the strategy of choice for many executives as they fixate on today's breakneck speed of change. The real winners, are those that keep a cool head and combine short-term thinking with a long-term view.   


Related Information
Knowledgebase - Strategy - Scenario Planning

Posts on Eddielogic - The Blog on Strategy that are related to strategic planning

Practice of strategic planning in German retail banks
by Oliver Recklies
This paper analyses the practice of strategic planning of two major player groups within retail banking business in Germany. Both types of banks face a set of burdens to organise their strategic planning processes. To discuss strategic planning approaches within these organizations the author uses a three step framework of (1) strategic analysis, (2) strategy finding and (3) strategy assessment. Key factors influencing the planning processes will be identified. For each element of the framework the author discusses tools and methods which are employed by bank managers to overcome existing barriers. For strategy assessment two benchmarking approaches are analysed. The author argues that approaches of these banks give an example how small organisations might address the issues of strategic planning.

Practical Advice for Strategic Planning Meetings
By Dagmar Recklies
Strategic planning meetings are a very controversial thing. They have a bit of a reputation to be just another fancy management trend. Nevertheless, good preparation and follow up can improve chances that the strategy meeting becomes a success which everybody is willing to repeat after a year or two. I was involved in the organization of several strategy meetings for two completely different firms. Here is some practical advice that builds on this experience.

Sense and Nonsense of Early Indicators
By Dagmar Recklies
Early indicators are very popular in the business world. People normally like them because they see a lot of advantages. However, I am reluctant to rely on early indicators too much. There are some problems that are not easily solved. After a discussion of the advantages and problems in the use of early indicators for business decisions I propose a system for practical use in businesses.

What Makes a Good Business Plan?
by Dagmar Recklies
Whether in start-up, expansion or turnaround-situations – every business needs to write a business plan sooner or later. In the authors experience not all businesses realize that a business plan is more than the description of a company’s business model, products and services. Thus, this article will discuss functions and content of a good business plan.

The What’s Next? Process For Developing Your Strategy
By Dr. Dan Herman
The old customary procedure of strategy development has a pure and sound logic. It has been designed in order to answer the question: What is it that we should do in order to achieve our goals?
What is the alternative to the old brick road to strategy? Dan proposes that we move from wish-oriented management to opportunity-oriented management. He hereby offers a new process leading to successful strategizing


All literature recommendations:
>> Strategic Planning >>

Strategy Bites Back: It Is Far More, and Less, than You Ever Imagined
by Henry Mintzberg, Bruce Ahlstrand, Joseph Lampel
"... this book has a serious intention: to take strategy less seriously and so promote better strategies. Besides, why not have a good time reading a strategy book for a change. Isn't it time for strategy to bite back?"

Downloadable pdf-file
Strategic Intent
by Gary Hamel, C.K. Prahalad
Companies that have risen to global leadership over the past 20 years invariably began with ambitions out of proportion to their resources and capabilities. This concept, fundamentally different from that which underpins Western management thought, is "strategic intent." These organizations begin with a goal that exceeds their present grasp and existing resources. They then rally the organization to close the gap by setting challenges that focus employees' efforts in the near to medium term. The result is a global leadership position and an approach to competition that has reduced larger, stronger Western rivals to an endless game of catch-up.
This article forms part of the authors' 1994-bestseller 'Competing for the Future'

Applied Strategic Planning: How to Develop a Plan That Really Works
by Leonard Goodstein, Timothy Nolan, J. William Pfeiffer
Written by three top consultants and trainers, "Applied Strategic Planning" shows managers and CEOs a clear, effective way to identify and implement strategic objectives. Their strategic planning model places emphasis on organizational culture, the integration of business and functional plans, the performance audit, and gap analysis.

Rise and Fall of Strategic Planning
by Henry Mintzberg
One of our most brilliant and original management thinkers, Mintzberg concludes that the term is an oxymoron -- that strategy cannot be planned because planning is about analysis and strategy is about synthesis. That is why, he asserts, the process has failed so often and so dramatically. Mintzberg traces the origins and history of strategic planning through its prominence and subsequent fall. He argues that we must reconceive the process by which strategies are created -- by emphasizing informal learning and personal vision -- and the roles that can be played by planners.

Book of Five Rings : The Classic Guide to Strategy
by Miyamoto Musashi
Translated by V. Harris. Japan's answer to the Harvard MBA...Written over three centuries ago by a Samurai warrior, the book has been hailed as a limitless source of psychological insight for businessmen-or anyone who relies on strategy and tactics for outwitting the competition.

The Art of the Long View: Planning for the Future in an Uncertain World
by Peter Schwartz




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