Leadership driving Strategic Planning

Leadership needs to drive Strategic planning to achieve purpose, Vision, mission, Goals & actions for sustainable performance aligning all stakeholders. ?Strategy Planning process enables in defining strategy, facilitates in decision making, allocation of resources to achieve strategic Goals by analyzing Market, Environment & Competition.

Some of Leadership emerging perspectives on Strategic planning

Clear Direction

Leadership needs to drive strategic planning process to identify core purpose of organization, Clarity on vision & mission, articulate strategic goals, robust action plan to achieve goals & review mechanism for monitoring milestones. Strategic Planning sets clear direction, identify resources, formulates methodology of competing in Markets, Identifies Customer segment, connect & engagement strategy and align all functional strategies People, Manufacturing, Digital, HR, Finance, Governance to support in achieving purpose of organization.

Strategic thinking Culture

Leadership needs to drive strategic thinking culture enables organization to focus on analysis of critical success factors, variables, anticipate threats & opportunities which might influence long term goals. Strategic thinking culture enables research, analytical thinking, innovation, problem solving, decisiveness to analyze the competitive changing environment, market forces, economic realities & available resources and developing growth plans by creating opportunities overcoming threats.

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Competitiveness

Leadership should drive Strategic Planning Process for analyzing leading trends on environment, competition, market, customer, technology & create winning strategies & ?develop ideas of strategic intent, clear action plan, align organization to achieve strategic initiatives, decision on product mix, plan on competitive landscape ?to compete & not to compete , Priorities on allocation of limited resources?? such as time, employees & capital, provides clarity on timely actions. Strategic planning process effectiveness is measured by being distinct from competition & achieve sustainable performance by creating value for all stakeholders.

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Leadership need to drive Strategic planning process across organization by focusing on clear purpose & direction, creating a strategic thinking culture & offer differentiation by creating opportunities overcoming challenges, analyzing trends on market , environment & customer develop dynamic plans with agile work forces and provide timely innovative solutions to remain competitive.