How To Run Your Half-Day Strategic Planning Session
Last time we talked about reasons to do strategic planning – now we will tell you how to do it! Possibly you have been thinking you need to do strategic planning for your business, but you just don’t seem to be able to find the time. If this is you, here is an easy way to get started with a half-day strategic planning meeting with you and your key employees.
Ideally a session would be longer than this, but this is a great way to start small and shortcut the process and still come out with a beneficial plan that will be productive.
The basics you need to cover in a half day session will look something like this:
Things to do in advance of the meeting to get a headstart and maximize your meeting time. Poll the leadership team in advance and ask them some or all of the following questions about the future. Because you have a short time you need to get these answers in advance instead of at the beginning of the meeting.What are the most important things that you can accomplish? What does our SWOT (strengths, weaknesses, opportunities and threats) analysis look like? You have to understand where you are in the marketplace. What is something that you can accomplish or that you should accomplish in the next year? If you think three years down the road, what, where do we want to be? What target do you want to reach? You will get a wide variety of answers to this type of polling, but then you harmonize and distill it, bring it together so as a team in a half a day, you can focus on the two or three most important things that will move the needle for your organization or business. If you walk in the door knowing that you’ve already got two or three things, then you can very quickly hone in on those things and start mapping out strategies and plans.
A strategic planning session encompasses every part of your business or organization so that you have buy-in from all of the departments. It is critical to include a good facet of the organization from multiple disciplines within the business. You will want to include key leaders of your revenue centers, the key leaders of your operations centers. For example if you are a software company, you want people there from your product development, your help desk, support, leaders in sales and marketing, you certainly need executive leadership, the chief financial officer, the CEO – and don’t leave out HR because HR is an important piece of planning. We see a number of companies leave HR out of the leadership circle. It’s really important to include HR because that encompasses the whole company. You have to have the entire team behind it.
In the most recent episode of my podcast HR Problem Solver, I go in depth on the topic of Strategic Planning with my guest Tom Bronson of Mastery Partners. You can listen/watch here to learn more about how to conduct a productive strategic planning session for your company.
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HR Problem Solver
Strategic Planning – How it Benefits Your Business
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