Phases in the evolution of strategic planning ppt infographic template icons

Description:

The image outlines a progression through four phases in the evolution of strategic planning within organizations. It suggests that effective formal business planning follows a developmental trajectory, moving through subsequent phases of increasing sophistication and external orientation. The arrow at the top implies a growth in planning effectiveness over time.

Phase 1, titled "Basic Financial Planning," stresses operational control through annual budgets and functional focus, relevant for organizations at the foundational level where the objective is to meet budget requirements as per their value system.

Phase 2, known as "Forecast Based Planning," represents an evolution to more effective planning for growth. It includes environmental analysis and multi-year forecasts to predict future trends and positioning.

Phase 3 is labeled "Externally Oriented Planning" and underscores an increasing response to markets and competition. The phase involves evaluating strategic alternatives and dynamically allocating resources to think strategically about the organization's role in its industry.

Lastly, Phase 4, "Strategic Management," is characterized by the orchestration of all resources to create a competitive advantage. This involves implementing creative and flexible planning processes and establishing a supportive value system that aims to create the future.

Use Cases:

In terms of potential industries where these slides can be applied, here are seven examples:

1. Consulting:

Use: to guide client organizations through the development of their strategic planning processes.

Presenter: Management Consultant.

Audience: Senior Management of Client Companies.

2. Technology:

Use: for evolving strategic planning to keep pace with rapid technological changes.

Presenter: Chief Strategy Officer.

Audience: Technology Department Heads.

3. Education:

Use: for educational institutions to plan long-term growth and adapt to changing educational needs.

Presenter: University or School Administrator.

Audience: Academic Staff and Stakeholders.

4. Healthcare:

Use: for hospitals and healthcare providers to strategically plan services and resource allocation.

Presenter: Hospital Administrator.

Audience: Healthcare Management and Department Leads.

5. Financial Services:

Use: for banks and investment firms to forecast and plan for financial trends and market demands.

Presenter: Financial Planner or Analyst.

Audience: Investment Teams and Financial Advisors.

6. Retail:

Use: for developing strategies to meet changing market trends and consumer behavior.

Presenter: Retail Executive.

Audience: Marketing, Sales, and Operational Teams.

7. Manufacturing:

Use: for determining strategic investments in technology and production methods.

Presenter: Operations Manager or Strategist.

Audience: Plant Managers and Production Team Leaders.