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A 5 minute investment
“If you don’t know where you are going, any road will take you there” – The Koran
So many businesses grow by default. Started by entrepreneurs, run on adrenaline and gut instinct. To continue to survive and ensure the business and the people in it fulfil their potential needs a plan. A real plan. Not just one for The Bank!
Let’s not waste your time, here are the benefits of strategic planning
- Allows managers to stand back
- Process gathers crucial information
- Improves understanding/involvement
- Fosters widespread thinking
- Increased sense of purpose/control - proactive rather than reactive - improves ownership
- Clarifies direction
- Is explicit, disciplined, systematic
- More issues flushed out, more alternatives explored
- Questions are asked and answered
- Obstacles are anticipated
- Contingencies are considered
- Provides a framework for making better decisions:
- resource allocation
- milestones to measure progress against
- encourages co-ordination
- common language and ownership - Helps integrate company, business, functional activity
Copernicus planning methodology development
- Motivated by dissatisfaction with traditional measures:
– mainly financial
– short-term emphasis
– backward looking (results of past actions)
– internal efficiency (primarily cost)
– budget key control device
Copernicus planning methodology delivers to you and your business
- A well understood strategic planning process with the organisation aligned
- Widespread strategic thinking ability/involvement
- Objectives negotiated on good information, after consideration of alternatives
- Top management attention on key opportunity and problem areas
- Incentive and reward system tied to plan and budget
- ‘Christmas Tree’ integration between company/business/function plans and activities
To guide your business to strategic success contact us today on info@copernicus-consulting.com
