A Strategic Plan should be build upon sound, valid Strategic Analytical Data and a correct evaluation and interpretation of this data. It should not be based just upon some new, unevaluated and often risky idea which is not backed up by accurate analytical data, or which has not been correctly evaluated.
Before developing the Strategic Plan, one needs an analysis and evaluation of pertinent, relevant data upon which to build the plan. Strategic Analysis is a must step to do and forms one of the beginning steps of an effective Strategic Plan.
In other words, the most successful Strategic Plans are developed from and based on an analysis of the Key Factors of Success behind your industry, organization and country.
In doing Strategic Planning, Knowledge is Power. Strategic Analysis delivers this Power.
Correct Analysis of Strategic Key Factors of Success and other Data is important to create effective, efficient and successful Strategic Plans, Programs, Projects and Results.
Key Factors of Success may include market, economic, social and technological trends. Risk tolerance and other Key Factors may be also taken into account.
Strategic Planning is that management tool that can help top management to develop effective overall plans which enable them to overcome Strategic Challenges and to achieve their Strategic Goals. It is a valuable tool of top management.
Your Goals provide the targets (objectives) of your Strategic Plan and set the stage for and guide the development of Strategic Programs and Projects.
With an effective Strategic Plan you can make your future less risky and threatening, while developing actions to ensure your growth and survival. You can find ways, means, methods and actions to be more successful, to overcome barriers and challenges and to grow and achieve your Strategic Goals.
Without execution, however, Strategic Plans are just plans on paper.
Therefore, one must also find the necessary financial means, qualified human resources, organizational, management and other know-how to turn these Strategic Plans into successful Actions which will produce the desired Results envisioned. This is where Strategic Programs and Strategic Projects come into play.
Strategic Programs turn the various parts of the Strategic Plan into executable groups of related projects.
A Strategic Program is a group of related Strategic Projects managed in a coordinated way and envisioned to obtain the Strategic Goals or Sub-Goals (partial Goals) of a Strategic Plan. So, in this sense, Strategic Programs do not usually deal with operational management, but address groups of actions necessary to help achieve Strategic Goals and Strategic Plans.
Strategic Programs need to be developed, managed and executed efficiently and effectively, just like Strategic Projects, in order to achieve your Strategic Goals.
Strategic Projects then break down each Strategic Program into finite, doable projects and actions which can be executed effectively according to an appropriate timeline (schedule), or environmental or organizational restrictions, or other important factors.
Strategic Projects are not usually developed or managed according to classical, traditional methods of project management found in textbooks because they are Strategic Projects and not small, unimportant operational or tactical projects. They are usually managed or guided by top management.
Strategic Projects are usually too important to be given to project managers with little experience in an organization's business, industry or company.
Strategic Projects are important projects. Their success and even the survival of your organization often depend on the success of these Strategic Projects.
Strategic Analysis, Strategic Plans, Strategic Programs and Strategic Projects help to create a "roadmap" (visual plan or summary of programs and projects) which illustrate or depict the way in which the new strategy will be implemented to achieve the goals. This roadmap is usually graphed against time. It is helpful to communicate the work done to others.
And yes ... there are more elements and factors involved in successfully developing and implementing an effective Strategic Plan, Strategic Programs and Strategic Projects.
And yes .... most definitely, there is a lot of work necessary to successfully bringing these Strategic Programs and Strategic Projects effectively and efficiently into coordinated action so as to produce the Results that top management would like to achieve.
We offer you our help, support and assistance to overcome Strategic Challenges and to achieve your Strategic Goals.
We would be happy to discuss your situation and requirements with you. We speak English and very good German (plus some French).
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