Many of our initial client engagements are a request for Team Building. The conversation goes something like this: "Can you help us bring our management team together? We are not clicking on all cylinders right now". While our answer is always, "Of course we can support you", before we commit to a traditional experiential team building workshop we engage in a series of diagnostic questions to be certain that team building itself is the right answer.
Have you ever the phrase ”An overnight sensation 10 years in the making”? In our world we come across many organizations, teams and individuals that this adage applies to. What they share is an unwavering commitment to preparation that is linked directly to performance.
As the saying goes, “You can lead a horse to water, but you can’t make him drink”.
Michael Porter has long been recognized a leader in Strategic Planning , particularly from the lens of the marketplace and marketplace competition. His work on The Five Competitive Forces that Shape Strategy is viewed as seminal. A recent book by Joan Magretta; Understanding Michael Porter, provides a useful interpretation of his work and the influence he has had on strategy development.
When we engage a client in strategic planning as part of our leadership development programs, we often get asked two questions:
Any company preparing to transition from a private holding to public status must be prepared for a long process. Preparation for your initial public offering (IPO) can be expected to require at least two years of careful planning. A lack of sufficient IPO preparation will greatly diminish the chances your company will successfully transition with optimal stock valuation and financing potential.
At kesa we understand the need for a rigorous process in developing, writing and executing on strategic plans. At the outset, when setting the overall strategic planning template, we will engage our clients in a dialogue around the key factors that will influence their formation of priority strategic issues. This is an external and internal environmental scan. Both are important, but here we focus on the external environment, as it is a key factor in the organizations ability to remain sustainable, competitive and profitable in the marketplace.
Tags: strategic planning