Strategy & Planning Function Design
As your organization evolves, the need for a formalized strategy function and/or strategic planning process evolves as well. Even if a function or process is already in place, opportunity remains for enhanced levels of effectiveness.
Contact us today to explore our strategy and planning design services.
ThoughtCore guides the build-out or evolution of your strategy function or planning process in various ways:
Functional Assessment
In this engagement, ThoughtCore works with leaders and stakeholders to assess the need and readiness for standing up or revamping a strategy function, a strategic planning process, or both. Along the way, we help you identify and address answers to questions such as:
How and where are strategies currently formulated, pressure-tested, and validated, if they are?
Who makes decisions about which strategies or initiatives to green light and prioritize?
Where does strategic planning currently reside within the organization, if it exists at all? Where does it fit within the reporting structure?
How effective is the organization in being strategic and planful and in assessing and addressing performance against strategy or plan?
Recommendations & Roadmap
In this engagement, based on the prior Assessment, we lay out a set of recommendations for standing up or revamping a strategy function or planning process. These recommendations include a roadmap for the rollout and answer questions such as:
If the organization is ready and in need of a formalized strategy function, what should the components be? What should be the scope of responsibility and oversight?
If the organization is ready and in need of a formalized strategic planning process, what should the component activities be? Who should be involved, when, and in what ways?
What should be the relationships among strategy-shaping, strategic planning, and related execution decisions – e.g., investments, budgeting, resource allocation, sales territory planning?