This presentation has nothing to do with mathematics! We are using this simple mathematical term to state that this is how strategic plans should be seen.
Forecasted results (targets) should be in balance with the impact of resources plus the other strategic elements utilized to achieve them. Resources such as human, financial, technological together with the other strategic elements such as processes, productivity rates, procedures, appraisal and motivation systems, controlling systems, branding and communication plans must be integrated and aligned to form a linear equation leading to the forecasted results.
In spite of this being obvious, we often see strategic plans without this integration and alignment therefore the impacts of the resources and the other strategic elements do not converge.
A strategic plan integration could be achieved, for example, when the appraisal and the bonus system are aligned in such a way to direct and motivate the results expected from a department for a specific type of growth.
This presentation is about introducing a practical and simple way to solve this “linear equation” leading to an impactful strategic plan.
Presentation Objectives
– To show the importance of aligning resources and other strategic elements in strategic planning.
– To present how an integrated strategic plan can increase its effectiveness.
– To show the process and the sequence of a strategic planning including designing, guiding and controlling and controlling resources and other strategic elements and their impact on results.
Presentation Outline
– Present the strategic planning process
– Describe the resources and other elements that need to be integrated in an effective strategic process
– Demonstrate the benefits of an integrated strategic plan
– Present in practical way how to integrate resources and other strategic elements towards an impactful strategic plan
Speaker
Loukis Tapakis | Business Consultant | Trainer