This basic strategic planning model will give you the results you want in a fraction of the time. This model uses the SWOT analysis technique. By using this technique and the what makes a good leader templates you will be able to complete your plan in an afternoon!
Who should use this model?
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What is missing from the basic model?
What makes a good leader?
10 Steps in Strategic Planning
To achieve the results that you want, take one moment to review the 10 steps and get started today!
Strategic Planning Guides
The secret to strategic or business planning is; you need to know your business and your industry, and have an awareness of world trends. If that scares you, relax we will provide you with tools and information to simplify this step for you.
Yes, to all three (or two, if you do not want my free ebook) Excellent!
Step 4: Complete a SWOT Analysis
Secrets Revealed!If you look at page two of your free template, you will see the heading SWOT Analysis.
It should look something like this
Definition of SWOT Analysis: A SWOT is a summary of your businesses internal Strengths and Weaknesses and your businesses external opportunities and threats.
The secret to a SWOT is in knowing which issues are relevant for you to consider. Each quadrant of the SWOT requires that you consider different elements of your operating environments. Sound Hard?
You will love this, to get you started I have compiled a list, things for you to consider ensuring that you can start working on your strategic plan today! This valuable information is yours free on our strategic planning questions page.
Now, using the template provided and information on this site complete your SWOT analysis. This should take an hour or two if you are doing it alone, do not rush it. Take some time to reflect and consider.
Tip: Leadership style in strategic planning - be consultative, ask all of your people for input, seek opinions from your customers and suppliers – not a big survey, just ask whenever you are talking to them – ask questions like
Is your SWOT complete? Fantastic – however as this is a generic template, is there anything not on the template that might be relevant for your industry?
Are you stumped, procrastinating or perfecting your SWOT analysis – then stop! You are wasting valuable action time. By the time that you have workout with great precision what is going on in the world today – it will be tomorrow and things would have changed.
If you think of something new tomorrow or next month, simply update your analysis.
Discover the difference:
Strategic Thinking verse Strategic Planning
What makes a good leader site tips;
What makes a good leader site tips;
Step 5: Prioritise!
That is why we need to prioritise.
How to prioritise
My advice is to rank based on your gut feel and ask others to do the same and compare results,
Identify the strengths to you want to build on, the weaknesses you want to develop into strengths, the opportunities you want to take advantage of and the threats you need to address
Pick the top four or five unique items on your lists.
These top four from your SWOT might be all strengths, all threats, or any mix of the four categories. There is no rule here
Step 6: Seek feedbackWhy Seek Feedback?
People are Biased. All people have their own bias, which effects how they see their business and the world in which their business operates. These biases stem from experiences, past successes and old strategy, which worked in the past.
Biased: You might think your team has a strength of being knowledgeable, your manager may see your teams strengths as knowledgeable and innovative.
Note: Managers rarely identify, as a weakness, a lack of leadership skills in their area.
Important Point - How to seek feedback!
Your challenge is to identify someone who will be candid with you and will be open in a discussion about your SWOT analysis. Ask this person to challenge you on your internal analysis particularly the weaknesses. It would also be worth discussing your external opportunities and threats.
Managers in large organisations have the advantage of being able to discuss their SWOT analysis with their peers, employees and with their manager.
Step 7: Identify Actions
Here is the money step, list your actions to address the identified issues.
What plans do you need to put in place to ensure
Add your actions to the action plan in your template.
Step 8: Reflect
It is always good to stop and think, reflect for a day and consider
It is a good idea to speak with others on your day of reflection, speak with your mentors, manager, peers and employees.
Step 9: Implement your actions
What can I say? You are using the basic strategic planning model because you have a penchant for action.
Action for Results – 3 Key points
Step 10: Celebrate success