The best strategic plan is the one the senior leadership team gets excited about, believes in, feels can be achieved and ultimately gets implemented. That is when Strategic Planning truly becomes Strategic Doing.
Strategic Planning – identifying the strategic direction (simply put, where do you need to go and how will you get there), and other critical information – is a necessity so the organization has a shared understanding of its mission, vision, values, culture and direction. A vital component to strategic planning is defining an organization’s “unique advantage” or differentiators that will lead to a company’s success.
There are several dimensions that an organization needs to address during strategic planning. These are:
TSI’s approach to strategic planning differs from other pure strategy consulting firms. We play the role of a strategic consultant that both facilitates the senior leadership team’s input by taking you through specific exercises so you have space, tools and a place to think about your customers, vendors, markets, products and services in an objective way and in the context of your industry. Second, we add our thoughts, ideas and strategies that serves to test and challenge those brought forth by the leadership team.
TSI leads our client through a tested approach that is tailored to the areas that are of greatest importance to our clients. Our approach consists of a combination of workshops and analysis by our team of consultant covering a myriad of tools (Business Model Canvas, Core Competencies, Brand Affinity, Internal Analysis, Financial, Operational and Customer Experience, Technology and digital infrastructure, Employee/Culture, Vision and Values
External Analysis, Customer including Key Accounts and Segmentation, Competitor Analysis, Partner Analysis, PESTEL (or ESG) Trends and Innovation Analysis.
We explore alternatives in a colloborative manner so your team is part of the strategic planning process. Along the way we will offer you an outside perspective, while both respectfully challenging and supporting internally-developed ideas. Together we will gather data to make the best, fact-based recommendations we can and create a tailor made vision, strategies and a plan that will be able to be implemented.