Strategic planning

Thanks to Strategic Planning, JiTM Associates have a tool for structuring the transformation strategy of your company impacted by the ‘New Market Realities’.

The alternative to strategic planning is for everyone to carry on working in the same way.

Also, it may seem crazy to change when you are doing well.
But when significant changes occur or when current advantages run out of steam, there is a clear need to make sure we are headed in the right direction, as a management team and as a board.
Basically, the overall approach of strategic planning comes through asking ourselves three questions, as a team:

• Where are we now?
• Where shall we go?
• How shall we get there?

The Strategic Planning Process covers, in 10 stages, the major challenges faced by the company: vision, market evolution, customers and distribution channels, competition, objectives, governance, products and services, financial analysis, risks and dependencies and immediate implementation.

The strategic plan is the result of the planning process performed in a collaborative way by the management team and facilitated by JiTM.

It is useful for:

• Consistent communications to all stakeholders
• Agreement on decisions
• Remembering what was decided
• Action plan and follow-up