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Strategic Planning: What it actually means?
Strategic planning is the disciplined process of determining where an organisation wants to be in three to five years and how it will get there, within its financial and operating constraints. Consultants assess external attractiveness, internal capabilities, stakeholder expectations and risk, then define strategic priorities, initiatives, financial targets and KPIs. They also sequence the work and link it to budgeting and performance management so it is not just a presentation. This gives leadership a coherent roadmap, enables resource trade-offs and makes it easier to communicate direction to staff, boards and investors. Strong strategic planning improves execution and resilience.
