Strategic Planning Approach

Strategic Planning Approach

Advanced360 Solutions believes that a strategic plan is the framework that allows stakeholders to define their roles and consider how their efforts will contribute to the company’s success.  Every plan must consider the dynamic mesh of interrelated elements that drive the business, including markets, customers, staffing, offerings and finances.  It examines the marketplace, identifies the firm’s goals, the critical success factors, risks, and the tactical initiatives and governance structures necessary to achieve those goals.  The Advanced360 Solutions approach to strategic planning asks three questions.

  • Where are you?

  • Where do you want to go?

  • How do you get there?

Where are you?

  • Stakeholder Engagement

    Even the best plans are subject to failure if they omit input from those responsible and accountable for performing the work.  Obtaining buy-in requires that each stakeholder remains actively engaged in the planning process.  We accomplish that by defining stakeholders’ roles, responsibilities, accountabilities, and (inter)relationships through the Transformation Accelerator’s unique stakeholder mapping.

  • Core Strategic Identity

    Perhaps the most vital components of a strategic plan, its fundamental essence, are the mission, vision and corporate values.  If the strategic plan is the framework, this trio forms the foundation of a company, its culture – who you are, how you do it and why you do it.   The Advanced360 Solutions team will work with you to define, document and communicate these indispensable elements of your identity.

  • Strengths, Weaknesses Opportunities and Threats (SWOT)/Competitive Analysis

    A SWOT analysis will provide an assessment of internal and external strengths and weaknesses.  A thorough competitive analysis will bring clarity to how and why you will differentiate yourself from the competition.

  • Environmental Analyses

    Assessment of the business drivers and problem statements within the current environment.  An examination of the market forces (drivers), technology, understanding the customer base, and the competition. This analysis will also capture any regulatory or legal components of the marketplace. The analyses must assess the impact of forward-looking trends. Examination of how the company’s current products and services satisfy the marketplace and where they do not – and a projection of how those services will perform as the business environment evolves.

  • Current Business Models and Ecosystems

    Knowing your baseline is an essential part of the journey.  Business modeling and ecosystem visualization using Transformation Accelerator™, powered by Tr3Dent, aligns stakeholder interactions with products, services and corporate objectives.

Where do you want to go?

  • Strategic Goals

    This is where SMART goals are created. We partner with you to turn your multi-year vision into measurable and timed objectives. By relating those objectives to underlying business drivers like quality, cost, flexibility, speed and customer satisfaction, we focus our efforts on the precise levers that move you toward your objectives.

  •  Value Statements

    Establishing value statements that align with the strategic objectives and tie back to the foundational elements adds an element of completeness.

How do you get there?

  • Critical Success Factors (CSF)

    Critical success factors are the big, broad targets for change that need to be realized along the way to a strategic goal. For example, having a customer-centric culture, breaking down silos, or equipping personnel with new skills.  CSFs provide organizations with long-lasting competitive advantages.

  • Tactical Initiatives & Risks

    Critical success factors are realized through tactical initiatives. Each one establishes specific structural, financial, staff, or external resources that make CSFs possible. Every tactical initiative will take the form of a project with its timeline, assets, personnel and dependencies.  Identifying risks and barriers – and establishing mitigation steps – is also a critical component of any plan.

  • Governance and Measurement

    What can’t be measured can’t be managed. This is where strategic goals meet metrics, KPIs, standards and quality.  Advanced360 Solutions demystifies success by establishing the metrics by which progress will be measured, allowing for clarity when assessing your project’s success.

  • Prepare Future View of the Business Model and Ecosystem

    With the insights gained from each stage of the planning process, Advanced360 Solutions will create a picture of your future business ecosystem.  Visualizing the relationships within the ecosystem clarifies the opportunities and the impact of risks and changes within the business marketplace.

Advanced360 Solutions accelerates and streamlines both the development and realization of your strategic, operational and business plans. The results of our engagements empower you to achieve and build on success in a virtuous cycle that unlocks the full potential of your organization across multiple dimensions.

Over our decades of thought leadership in creating positive change and helping corporations realize their full potential, we have worked with executive teams from small businesses and Fortune 100 firms.  We generate results with our fundamental approach orchestrating people, processes, and technology with integrity.

Tag Post :
Share This :


Grow Your Business Today

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore


Get the latest news & updates

Advanced 360 Solutions

Copyright © 2024 All rights reserved.