STRATEGIC PLANNING
STRATEGY PLANNING FOR BUSINESSES & CORPORATIONS
FocalPoint coaches work with some of the top companies in the U.S. and the world, helping them plan and strategize how to grow to new heights. Locally, we are headquartered in Clarkston, MI, and serve the greater Oakland County area, including Detroit, Troy, Auburn Hills, Grand Blanc, and beyond.
Fill out the form to get a free Business Growth Score, or call today for more information.
Contact Us
Does thinking about the strategic planning process make you feel like it is an unachievable goal? If you are a business owner who believes strategic planning is too time-consuming, complex, and demanding, you will get the help you need from a strategic planning business coach. We will simplify the process and provide knowledge, tools, and analysis to assist you in creating and pursuing growth goals that will give you results.
GET YOUR BUSINESS GROWTH SCORE
Click the button below to get your free trusted business growth score today. We'll be in contact soon with the results.
WHAT IS STRATEGIC PLANNING?
Strategic planning is a step-by-step process of creating and achieving an organization’s sustainability, longevity, productivity, and profit goals. A strategic plan provides a structure to achieve company goals by listing objectives, who is responsible for completing those objectives, necessary resources, action plans, and time constraints.
For example, a business may create a strategic plan to train new hires on effective sales strategies, improve their current marketing strategy, or incorporate more time and priority management practices into overseeing business operations.
WHY DO BUSINESS OWNERS NEED A COACH TO HELP WITH STRATEGIC PLANNING?
Business owners often seek assistance with strategic planning because they are busy managing their current responsibilities and need expert guidance in assessing their data.
An additional support system helps create a quicker, smoother, and more productive strategic planning process. Business owners benefit from a trained professional who will translate that data for clear comprehension and clarity and assist them in facilitating the process. They will feel more confident about their organization’s goals using guidance from a trained outside source.
Business owners also appreciate completing the process promptly with step-by-step assistance without feeling like it takes too much time or risks their organization’s productivity.
WHAT ARE SOME FUNDAMENTAL ELEMENTS OF STRATEGIC PLANNING?
Strategic planning focuses on what goals matter most by assessing the business’s current organizational and operational structures needing immediate improvement. The goals in strategic planning directly contribute to growth and development.
Strategic planning also defines team responsibilities and available resources to guide business owners with delegation, creating action plans, and expense and waste reduction. A quick overview of the fundamental elements of the strategic planning process looks like the following:
- Strategic planning involves a SWOT analysis, incorporating your past progress, current position, research on your competition, and vision of progress.
- Focus on your key results and constraints to strategize improvements and growth.
- Confirm the business owner’s mid and long-term goals are on track with the mission, purpose, and vision recorded in their business plan.
- Establish a deadline for the strategic plan.
- Discuss the strategic plan with your organization’s executives, leaders, suppliers, vendors, and long-time clients in a productive off-site meeting.
- Coordinate check-ins for progress and address any challenges.
WHAT SHOULD I EXPECT FROM A STRATEGIC PLANNING BUSINESS COACH?
Expect your strategic planning business coach to help you clarify business goals, complete thorough business assessments, prioritize valuable objectives and tasks, and communicate the plan with your team.
Expect your coach to assist you with creating time to strategize, interpreting data to help you make purposeful goals, holding you accountable for following a process to achieving those goals, and staying on track with time efficiency.