The Eight Steps of Strategic Planning Poster. To download this poster, visit us at: https://www.oeconsulting.com.sg/training-presentations

1. Strategic Planning Process
© Operational Excellence Consulting. All rights reserved.
Strategic Planning is defined as the process by which the guiding
members of an organization envision its future and develop the
necessary procedures and operations to achieve that future.
§ Determine organization’s readiness
§ CEO commitment
§ Identify planning team members
§ Educate planning team
§ Involve other stakeholders
§ Set clear expectations
1. Plan the Planning Process
2. Define Shared Values and
Mission
3. Analyze the Current
Organizational Profile
4. Create an Inspiring Vision
8. Monitor Results and Make
Improvements
7. Execute Action Plans
6. Develop Strategies,
Objectives and Plans
5. Compare Current to
Envisioned Organization
1
2
3
4
5
6
7
8
Plan the
planning
process
Define shared
values and
mission
Analyze
the current
organizational
profile
Create an
inspiring vision
Compare
current to
envisioned
organization
Develop
strategies,
objectives and
plans
Execute
Action Plans
Monitor results
and make
improvements
THE EIGHT
STEPS OF
STRATEGIC
PLANNING
§ Conduct a values scan
§ Shape the organizational culture
§ Formulate the organization’s
mission statement
§ Analyze the macro environment
§ Analyze the industry environment
§ Analyze the competitive
environment
§ Analyze the internal environment
§ Envision the organization’s future
state
§ Innovate strategic business model
§ Conduct weekly or monthly self-
review
§ Conduct quarterly or biannual
review
§ Conduct annual review
§ Execute the action plans
§ Assign accountability
§ Acknowledge, recognize and
celebrate
§ Formulate strategies and goals
§ Develop annual objectives and
plans
§ Cascade goals throughout the
organization
§ Develop and integrate action plans
§ Develop contingency plans
§ Assess organizational performance
§ Analyze the gap “The essence of strategy is deciding what not to do.”
Michael E. Porter

2. Strategic Planning Process
© Operational Excellence Consulting. All rights reserved.
Strategic Planning is defined as the process by which the guiding
members of an organization envision its future and develop the
necessary procedures and operations to achieve that future.
§ Determine organization’s readiness
§ CEO commitment
§ Identify planning team members
§ Educate planning team
§ Involve other stakeholders
§ Set clear expectations
1. Plan the Planning Process
2. Define Shared Values and
Mission
3. Analyze the Current
Organizational Profile
4. Create an Inspiring Vision
8. Monitor Results and Make
Improvements
7. Execute Action Plans
6. Develop Strategies,
Objectives and Plans
5. Compare Current to
Envisioned Organization
1
2
3
4
5
6
7
8
Plan the
planning
process
Define shared
values and
mission
Analyze
the current
organizational
profile
Create an
inspiring vision
Compare
current to
envisioned
organization
Develop
strategies,
objectives and
plans
Execute
Action Plans
Monitor results
and make
improvements
THE EIGHT
STEPS OF
STRATEGIC
PLANNING
§ Conduct a values scan
§ Shape the organizational culture
§ Formulate the organization’s
mission statement
§ Analyze the macro environment
§ Analyze the industry environment
§ Analyze the competitive
environment
§ Analyze the internal environment
§ Envision the organization’s future
state
§ Innovate strategic business model
§ Conduct weekly or monthly self-
review
§ Conduct quarterly or biannual
review
§ Conduct annual review
§ Execute the action plans
§ Assign accountability
§ Acknowledge, recognize and
celebrate
§ Formulate strategies and goals
§ Develop annual objectives and
plans
§ Cascade goals throughout the
organization
§ Develop and integrate action plans
§ Develop contingency plans
§ Assess organizational performance
§ Analyze the gap “The essence of strategy is deciding what not to do.”
Michael E. Porter

3. © Operational Excellence Consulting. All rights reserved. 3
Operational Excellence Consulting is a management training and consulting
firm that assists organizations in improving business performance and
effectiveness. Based in Singapore, the firm’s mission is to create business
value for organizations through innovative design and operational excellence
management training and consulting solutions. For more information, please
visit www.oeconsulting.com.sg