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7 Vital Strategic Planning Tips for 2016
Dr. Joseph A. DeFeo, CEO Juran Global
Measurable Breakthrough Results
9 Business Essentials
Embrace
Quality
Leadership’s Role
Strategic Alignment
Innovation Breakthrough ImprovementControl &
Compliance
BPM
Benchmarking
Universals
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Why Today’s Webinar?
1. Having a plan simply for plans sake.2. Not understanding the environment or
focusing on results. 3. Partial commitment. 4. Not having the right people involved. 5. Writing the plan and putting it on the
shelf.
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Why This Webinar?
6. Unwillingness or inability to change. 7. Having the wrong people in leadership
positions. 8. Ignoring marketplace reality, facts, and
assumptions. 9. No accountability or follow through. 10.Unrealistic goals or lack of focus and
resources.
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What is Strategic Planning?
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Strategic planning is an organization's
process of defining its longer term
direction, and making decisions on allocating its resources to pursue
this direction.
What is Strategic Planning?
A strategic plan is a roadmap to
grow your business.
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Many Planning Models
Some are easy to look at.
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Many Planning Models
Some are circular.
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Many Planning Models
Some are colorful.
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Many Planning Models
Some are simplified.
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Many Planning Models
Some were created smoking something.
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Many Planning Models
What are you using?
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Implementation
Define:Key
StrategiesStrategic
Goals
Review and Audit
Annual Goals
Depl
oym
ent
Asse
ssm
ent
Vision Mission Policy Values
Many Planning Models
How about this boring flowchart?
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Identify Initiatives- Projects
Identify & Provide Resources
Establish Timelines & Milestones
Subdivide Broad Goals
Assign Responsibility
Many Strategic Deployment Models
Measurable Breakthrough Results
7 Tips to Strategy Planning
ProjectsAnnualGoals
StrategicGoals
Time
3 Years 1 Year Months
Todays focus is on how we can
do this better – not how do we
do this.
Mission
Values
Vision
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7 Vital Tips #1: “Simplify the Planning Process”
A. Where are we going? Establish your competitive advantage and your vision. Clearly see the direction your organization is headed.
B. Where are we now? Review your current strategic position and clarify your mission, vision, and values.
C. How will we get there? Lay out the road to connect where you are now to where you’re going. Set your strategic objectives, goals, and action items and how you’ll execute your plan.
“Your Strategic Plan may be full of detail but the collaboration and engagement in the planning must be easy to understand”
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7 Vital Tips #2: “Develop the Right Questions”
“Selecting a set of questions that need answers can lead to a robust and often enlightening discussion and the
end result is a better plan.”
What is our single biggest “limiting factor” inside your organization that may prevent us from attaining our vision?
What are 5 potential ways we can make our limiting factors less limiting?
What are the sweet spots we currently have as opportunities?
What business are we trying to build?
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7 Vital Tips #3: “Leverage the Power of Three”
“Often there are too many actions to monitor. Ask yourself what are the three strategic results you are looking for each quarter?”
Be realistic in approach and performance
Be relentless in the discipline of monitoring the action plan for each of the three.
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7 Vital Tips #4: “Conduct Experiments”
To overcome this, allow for and develop short term projects or experiments to prove the assumptions.
Some call it “scouting missions.”
“Strategic Plans involve guesswork and hypotheses that certain actions will achieve certain outcomes.
As a result managers are often uncomfortable actually taking action or committing resources…”
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7 Vital Tips #5: “Banish Fuzzy Language”
Language like this can signal that the leaders do not have a clear idea of what they
want to do or how to do it.
Ban words like: leverage, synergy and robust to name three!
“Strategic Plans are often filled with jargon and consensus statements like ‘leverage our world class operating capabilities’ or
‘reshape our pricing and trade strategy’ or ‘lets triple our business’…”
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7 Vital Tips #6: “Beware of Templates”
“Strategic Planning Templates have become a standard tool. They do help but often force leaders to ‘fill in the boxes.’ The most
important part of strategic planning is collaboration and engagement not the template.”
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7 Vital Tips #7: “Brainstorm When Stuck”
“If you are not sure how to complete a step in the process or do not know what goals to shoot for or even what action to take
– stop and Brainstorm.”
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Thank You!
We hope to see you at future webinars or at your site.
If you would like a copy of this presentation or would like me to conduct this for your organization, contact me at
jdefeo@juran.com
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Connect With Us
@Juran_Institute
www.youtube.com/user/JuranInstitute
www.facebook.com/JuranInstitute
www.linkedin.com/company/juran-institute
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Thank You!
Copyright ©2015, Juran Institute, Inc. For more information, please visit www.juran.com
Contact us at: info@juran.com
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