What is Different About Our Reinventing Strategic Planning?
In the 21st Century
21st CENTURY ENVIRONMENTAL SCAN | NEW STRATEGIC MANAGEMENT CONCEPTS (Leadership-Planning-Change) |
1. Dynamic Environment | 1. Importance of regular environmental scan – do first |
2. Desire for clear and broader results | 2. Measurement focused—”quadruple bottom line” |
3. Very complex world | 3. Simplicity is key—Rule of 3 of 1 |
4. More competitive environment/drive to commodity/price only | 4. Unique Positioning is essential—the right answer does count |
5. Nonlinear future environment/major disruptions | 5. Ideal Future State is the place to start — not the Current State Assessment |
6. More demanding customers | 6. “Data-Based Decision-Making”—planning team with an external customer orientation are key; not just senior management (support jobs) |
7. More skeptical and less engaged employees | 7. Parallel Process and Large-Group Annual Dept. Review Meeting—maximum involvement of rest of management/key employees |
8. More diverse employee culture, background, ethnicity, age and values | 8. Glue of Core Strategies and Core Values key to Cascade of Planning and implementation—with accountability of performance and rewards |
9. Attention span shorter/more “noise” in the world (concept of entropy – all things run down and die) | 9. Need for Monthly, Quarterly Progress Review meetings and Annual Strategic Review (and Update)—”buy in and stay in” are both key |
10. No one has all the answers or skills – how to make sense of all the books, fads, theories? | 10. Leadership Development done concurrently with Planning and Implementation to stay abreast of new concepts and assimilate the learning for us (Core Corporate Competency #1) |
11. “Long-Term” is nothing without “shorter-term” successful implementation and change linked to longer-term | 11. Create a Strategic Management System and Annual Cycle as new way to run the business (Core Corporate Competency #2) |
12. Complexity within all organizations | 12. Need “Strategic Business Redesign for “Watertight Integrity”—systems view, understanding and challenge of change (Core Corporate Competency #3) |
13. Faster pace of work and life | 13. Tailored Strategic Management System to your unique needs, from “Micro” to “Quick” to “Comprehensive” Strategic Planning |
14. Faster pace and variety of changes | 14. Flexibility and agility of implementation are key— “emergent strategies” a way of life (“Plan is a livingbreathing document”) |