Strategic Planning
Do you want to be prepared for any eventuality to ensure the continuity of your business? Start thinking about strategic planning today to make the best decisions for your future—starting now.
What is a strategic plan?
A strategic plan provides your business with a clear direction and a set of performance goals.
When developing your strategic plan, you envision your current activities (or those you may plan to implement) in the future in order to assess their potential consequences—whether positive or negative. This enables you to implement the right solutions to ensure the smooth execution of your operations and support the growth of your business.
In other words, your strategic plan becomes the ultimate reference point to guide your team toward shared goals—while helping you avoid unnecessary detours that waste time and money.
Why create a strategic plan?
- There are many reasons why developing a strategic plan can be beneficial:
- You’ve just launched your business and want to ensure its medium- and long-term success.
- Major changes are taking place within your organization (in structure or operations), and you want the transition to go smoothly.
- The environment in which your business operates is evolving significantly (the market is shifting quickly, new regulations are affecting your operations, new competitors are forcing you to rethink your offerings, etc.), and you want to stay ahead.
- You’re looking to boost your team’s productivity.
- You want to avoid or better manage organizational issues that impact team performance.
- You want to easily adapt to emerging technologies and need guidance and support with digital transformation.
- You’re looking to be better equipped to face labor shortages.
We work with you to clearly identify the priorities you should focus on across all upcoming projects. From there, we define key strategic areas that will form the foundation of your action plan.
And more.
Strategic Planning to Structure Your Business Growth
- How many hours per year do you spend working on your business rather than in it?
- Do you feel you’ve pushed your thinking as far as it can go?
- Have you created and executed an action plan that truly brought your intentions to life?
Why do you want to engage in strategic planning?
- To align your team’s efforts in a unified direction
- To challenge your assumptions and stay relevant
- To ensure your business continues to grow
Company Culture: A Key Factor in the Success of Your Plan
It’s impossible to develop a strategic plan without a strong and well-defined company culture. This culture is made up of values, beliefs, and behaviors that support the smooth operation of your business. The more positive and unifying it is, the more likely your employees are to invest themselves in your organization. They will also be more engaged and willing to contribute to achieving the goals set out in your strategic plan.
Looking to strengthen your company culture? We can help.
Key Elements of a Strategic Plan
A complete and reliable strategic plan, developed collaboratively by your team and the experts at Levasseur Warren, will include:
- The definition of the company’s vision and mission;
- The company’s values (their definition and impact on the organization, employees, environment, community, etc.);
- The establishment of a common focus around which upcoming changes and targeted goals will revolve;
- An analysis of the company’s strengths and weaknesses, as well as those of its products and services;
- An assessment of opportunities to seize and potential challenges to anticipate;
- The definition of strategic priorities;
- An evaluation of available resources to design and implement an action plan;
- The development and integration of performance indicators to measure, track, and compare progress;
- The creation of follow-up mechanisms.