How To Implement Strategic Planning in a Complex Environment

asavkin 55 views 14 slides Jun 06, 2024
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About This Presentation

Explore practical strategies for implementing strategic planning in complex environments with BSC Designer. This guide delves into the intricacies of aligning high-level goals with actionable sub-goals, utilizing strategic planning frameworks, and addressing challenges such as performance measuremen...


Slide Content

Practical Guide
Implementing Strategic Planning in a Complex Environment
by BSC Designer

Strategy Workspace
Functions
Offices
Strategy
Practical Guide
Implementing Strategic
Planning in a Complex
Environment
by BSC Designer

Align with
existing
strategy
Sandbox
Create a new
scorecard
Split up ambiguous
high-level goal into the
small independent
sub-goals quantified by
value for stakeholders
Value-Based
Decomposition
Strategy or Functional Scorecard

High-Level
Goal
Align with existing
scorecard
Stakeholders - Interests, Priorities, Resources, Constraints
●Customers
●Employees
●Suppliers
●Communities
●Investors

Strategic Planning Frameworks - select tools to formulate, describe, and execute strategy
External Analysis:
PESTEL, Five Forces,
VRIO
Internal and External
Analysis:
SWOT+S, 7-S, Constraints
Analysis
Time & Change factors:
Three horizons, Hoshin
Kanri, Strategic Change
Agenda

Effect of uncertainty:
Risk management,
Scenario planning,
The Ansoff Matrix
Cascading & Strategic
Alignment:
Balanced Scorecard, OKR
High-Level Goal
Strategic
Ambitions
- Learning loop -
Leading KPI
Initiatives
Risks
Lagging KPI
Leading KPI
Initiatives
Risks
Lagging KPI
Sub-goal 1
Sub-goal 2
Stakeholders of strategic planning:

●Senior Leadership Team
●Strategy Team
●Operational Team

Challenges - projection of VUCA on strategic planning
Challenge 1. Complexity of the Goals
Challenge 2. Measurement of
Performance and Value Creation
Challenge 3. Readiness for Future
Challenges
Challenge 4. Creating a Single Source of
Truth About Strategy
Stakeholders of strategic
planning

BSC Designer automates the discussed
approach to strategic planning.
Let’s see how the presented diagram matches the
interface of the software!

Specify stakeholders, mission, vision, values
Visualize strategy attributes

Strategy workspace - customize it according to the needs of strategy team

Access rights to the strategy workspace Notifications for owners (Strategy Team)
Workflow for data input (Operational Team)
Reports scheduled by email (Senior Leadership Team)
Report Profiles

Strategy Scorecard (goals, leading and lagging KPIs, initiatives, risks, calculation of weight, progress, targets, update intervals, etc.)

Data sources for performance indicators.
●Manual input
●Import from Excel
●SQL indicators
●Google Sheets Add-on
●Zapier Integration
●RESTful API

Cascading/alignment - “copy and paste” indicators to link two scorecards.
Overall data security
awareness, %
Employees trained on data
security, %

Strategy maps - professional strategy map
automatically created from goals, KPIs, and
initiatives.
Dashboards - fully customizable BI dashboards with
performance charts.

Implementation - typical stages, timeline, risks.

2
Define the stakeholders and
stakeholders involved in the
strategic planning process.
1
Analyze the challenges of
increasing complexity, scale, and
effects of uncertainty.
4
Practice value-based strategy
decomposition. Create functional
scorecards.
5
Align functional and strategy
scorecards. Use them for regular
strategy discussions.
3
Use business frameworks to
formulate high-level goals.

Practical Guide
Implementing Strategic Planning in a Complex Environment
by BSC Designer

Thank you!
bscdesigner.com