ON

TARG

ET

STRATEGIC ACTION PLAN

BANG ON TARGET

Created byPaul Alves CTH – CTH 2014-15

ON

TARG

ET

2

Address key strategic goals Help measure progress over time Delivers practical steps & resources Assures that your strategic objectives

are implemented

What's a strategic action plan?

Its a document that identifies all required steps to achieve the strategic goals

ON

TARG

ET

3

Why developing a strategic action plan?

Because it allows you to craft your company's:

Credibility

Responsibility

Awareness

Feasibility

Traceability

ON

TARG

ET

4

When should you develop one?

After developing your:

Mission Objectives/Goals Strategy plan Implement pilot Revise monthly/Quarter

ON

TARG

ET

5

What to include in your action plan ?1. Determine who should be included.

2. Determine what processes should be included.

3. Develop action plan with key steps for all proposed changes.

4. Explain why - organise a group planning

5. Assign team leaders for phases and priorities.

6. Release daily or/and weekly updates, keep everyone updated.

7. Keep system track of what has been achieved what is not, the ongoing, postpone, etc.

8. Create meetings for every new milestone - reports..

9. Celebrate each (completed) milestone.

ON

TARG

ET

6

What are the key steps to consider?

Who will carry it out? By when and for how long? What resources are needed? What change or action will occur? How often should you communicate? Who should communicate and what?

ON

TARG

ET

7

Who should you consider?

Everyone directly involved in the project

Managers - all departments

Influential people/ Teams / Ground floor

Directors/ Stakeholders

Different or/and linked departments

Avoid no can do attitude (negative people)

ON

TARG

ET

8

How to make your action plan work?

To make it work the action plan should be: Concise Feasible Inspiring Clear with participant's names Complete with start and end dates Updated Regularly

ON

TARG

ET

9

How and When to start?

Your action plan should be based on your Mission or about How we work statement! Then go to identified audience and set your priority goals.

You'll see that the process should work all together.

Following the:

Scenario Planning It is vital if you're trying to reshape your business future. Scenario Planning can really help business people to make sense of what they're trying to achieve.. You can become a master at developing strategy and really making it work!

ON

TARG

ET

10

How to get there?

All scenario planning should bring honest assumptions into play and accept diversity from others. This will help you

see and increase your range of options.

Bear in mind that scenario focus discussion depends on your ultimate objective. Use OLD as a framework.

a) Objectivity: How does my product/service work in practice? What is my major strength?

b) Learn: What can we learn about our customers? What can we learn about the competition?

c) Develop Strategy: What other options / ways have we? How flexible is our strategy?

ON

TARG

ET

11

ON

TARG

ET

Digital Strategy – Follow @Paul_CTH