Foundations and Essentials of Strategic Planning | Map How to Win

Here are some of the questions on Strategic Planning Foundations for leaders while they embark on their journey to transform their organizations. 

Ask yourself the following. and Map How to Win. 

1. Identify and prioritize initiatives for enterprise strategy that drive
1. Innovation
2. Growth
3. Competitive advantage
4. Productivity
2. Help CIOs / CXOs articulate (value) how IT enable the business capabilities for success of the organization ? 
3. Help functional leaders and executives on
1. How to set objectives
2. Prioritize the initiatives
3. Measure the objectives
4. Assess capabilities
5. Allocate resources
6. Execute the plan
7. Measure your progress against the plan
4. Adopt Purpose-driven budgeting / funding / planning (for the strategic initiatives)
5. Move from Zero Based Budgeting (ZBB) to Driven Based Budgeting
1. i.e. Scenario Based Budgeting is a remedy
6. How are helping the business units achieve their goals?
7. Describe / draw Current state & Future state
8. Decide on 'Stop' doing - 'Burn the boats' for some of the operational activities

3 Dimensions of Strategic thinking

    Demand <----------------------->Supply<--------------------->Support

    1. Sales                              1. Prj Mgt& Dvly                 1. HR

    2. Marketing                       2. Pre-sales                        2. Finance, Legal

Create strategic directions / ideas for each industry vertical. Also, determine the metrics and impact. 

Most importantly, the fundmentals around customer decision making are not going to change. Hence creating unifying principles. e.g. customers always want

1. High quality
2. Low cost
3. More choices

Inspiration & Courtesy

1. Gartner - Guide to Scenario Planning for Functional Leaders

2. Gartner - How to Build a Successful Strategic Plan for Information Technology

3. Book titled 'Be Like Amazon'