frequent questionsstrategic planning
What is Strategic Planning used for?
To have advanced clarity on what to do, how to do it, when to do it, and who will do it.
Why is strategic planning necessary?
Without a precise strategy you neither know how to get there nor why you want to get there.
When does one need to undertake a process of strategic planning?
Every company requires having a strategy and a plan in place to achieve its goals. Not having them means to move without bearing.
How often should this process be carried out?
The company must have a Strategy, at least for the next three years and it should be reviewed and updated during every period.
Who should participate in the definition of the Company’s strategy?
In principle, the entire management team of the organization should be involved. But the purpose should be to involve all the staff in the company.
Can this be done directly by the Company’s staff?
It is important to have the accompaniment of a consulting firm with the experience in this type of work.
What is the SWOT matrix?
By its initials, it means: Strengths, Weaknesses, Opportunities, and Threats. Identifying them is essential in the definition of the Strategy.
What is the Strategy?
It is the set of methods designed to achieve goals, objectives or a given end.
What is the Mission?
It is an organization’s reason for being, the motive. It explains what it does, what it offers, and describes the type of client it intends to cater.