Strategy and Business Planning

 

Why invest in a business strategy and business planning?

You would be hard pressed to find an organisation that does not want to maintain a competitive edge, continue to succeed when so many fail in our current economy of the 21st centry and propel to the top of their industry. The business that can tick all of these boxes have one thing in common. They all invest, and have in place, solid strategic plans and direction.

Simply put, strategic business planning maps out how an organisation can successfully achieve its objectives over a period of time.

A solid strategic business planning process will identify where the organisation is now, its vision for the future and the actions and resources that will be required to move it from where it is now to where it wants to be. This enables the management team and or board to provide directed leadership and maintain a planned and agreed overview of the organisation’s priorities and direction.

hranywhere’s strategic business planning process is a logical, considered plan for your organisation’s future, based on an assessment of the present and desired direction for the future. The process requires Directors and or senior staff to make a commitment to working towards a shared vision for the future. The process we use is our ‘ICE’ model.

 

What is the ICE planning process?

ICE, an effective strategy and business planning process based on capturing Individual, Collective and Executive input.

The structured process is tailored to address the organisation’s history, current environment and future strategy and business objectives.  For example, this process has been successfully used to develop a business plans for a not for profit sporting organisation through to a strategy plan for a family-owned fresh food business. The ICE model can be applied across all business and industries.

Importantly, the ICE model seeks to maximise engagement and commitment to the organisation’s strategy or business plan by involving and providing transparency to all key stakeholders, from staff through to executives and board members.