Beacon Management - Management Consultants: Strategic Planning

BEACON MANAGEMENT
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Beacon Management has developed a proprietary strategic planning program

	Simplified Practical Strategic Planning {SPSP} "Thought at the heart of action"

		BENEFITS OF BEACON MANAGEMENT'S STRATEGIC PLANNING PROGRAM

Create a Vision Identify the vision for the future and instill the passion to make it happen Define the Business By specific products and their characteristic By market segments By customer characteristics Understand Key Factors Affecting Your Business Identify key internal and external factors that affect your business Understand the impact of these factors Create a Sense of Focus and Direction Identify and prioritize opportunities and initiatives Provide a framework for evaluating changing conditions Achieve a consensus
We believe there are a limited number of new initiatives that can be effectively implemented at any given time. We also believe that growth and change should bring quantifiable positive results, even if the results are qualitative in nature. The purpose of a strategic planning session is to have an open and spirited exchange of ideas. However, the workshops must have focus and direction in order to have a successful outcome. The program we have developed provides the opportunity to achieve all of these goals. Strategic planning is a continuous process. During the year continuous dialog must be maintained to ensure successful implementation of the initiatives and to assess the impact of emerging trends and issues. Future strategic planning sessions should be scheduled on a regular basis to keep the strategic plan current. As time goes by, the length of time involved in updating the strategic plan will vary in proportion to the number and significance of emerging new issues and trends. The benefit of this type of model is that it provides a framework for examining and evaluating alternative future options for the organization. This in turn helps ensure that all initiatives to be undertaken are consistent with the capabilities of the organization and the strategic objectives of management. The ultimate goal of this process is to help set a course of action for the organization that results in the principals' achieving their objectives. The logic of the process is to help the organization: Build on its strengths; Improve on its weaknesses, where practical; Capitalize on opportunities; Be aware of trends, risks, threats and inherent limitations; Develop initiatives consistent with its goals / objectives; and, Prioritize the new initiatives for maximum effect. ©Beacon Management

We can help develop a strategic plan that provides focus and direction to management and alternatives to respond to a changing environment. The strategic plan will provide an assessment of the company's current position. It will help identify opportunities for improvement and growth. The strategic plan will provide a framework for identifying, evaluating and prioritizing future initiatives.