Strategic Planning

As often said, nothing is certain but change. Consequently, your strategic planning should account for the dynamic nature of your environment. In essence, strategic planning is a process, not a final product.

A sound strategic planning process includes:

  • Assessing strengths and weaknesses;
  • Identifying opportunities and threats;
  • Determining the organization's direction; and
  • Establishing specific goals, strategies, and tactics.

MGT’s approach combines optimal practices in strategic planning design with an exceptionally qualified team of professionals. Through considerable research and experience, MGT has constructed a multi-faceted, human resources centered approach to strategic planning that utilizes the following key practices:

  • Acquire a broad and detailed understanding of the organization’s internal and external environment (environmental assessment).
  • Gain a thorough understanding of all major stakeholder issues by utilizing a bottom-up approach that maximizes involvement of the affected parties.
  • Form a steering committee of major stakeholders to assist with the plan’s development and to ensure that strong support evolves along with the plan (management support).
  • Gather information on the vision, mission, scope, objectives, goals, strengths, and weaknesses of the organization from all levels with a variety of data collection tools.
  • Analyze the data received and compare the internal and external circumstances, performance measures, and best practices.
  • Isolate core issue areas and discuss with organizational representatives.
  • Conduct cost-benefit analysis to derive recommendations and implementation plans.
  • Ensure that every finding and conclusion is linked to a specific recommendation and each recommendation has performance benchmarks and measures for assessing progress and success.
  • Develop a solid method of evaluating success and managing change.
  • Create a system to update the plan as the environment changes.