Business strategies can change as opportunities arise and competitive threats evolve. Evaluating the strategic approach to a new venture or business is a natural outflow of creating Business Plans, PPM, and a Valuation Analysis.

 

The identification and communication of the critical steps and the parameters to gauge success at different timeframes is an essential part of ensuring a nascent venture is successful. Many entities move down a specific path too long and tie up valuable resources when a strategic plan with guideposts could have easily changed direction in a timely manner.

 

There are many components to an effective Strategic Planning Process, including identifying opportunities (internal and external), validation, assessment, quantification, goal setting, due diligence, re-assess alignment with corporate goals, and execution planning. Many refer to SWOT analysis here (strengths, weaknesses, opportunities, threats) – a good first step, but a thorough dive into each of these with frank and compassionate honesty is far more fruitful. An assessment from a third party can provide an un-slanted viewpoint in many critical areas.

 

My Strategic Planning and Assessment consultation is customized based on your needs. It may be as simple as assessing an existing plan, or as involved as creating the evaluation process for comparing different alternative ventures. A Strategic Analysis and Critical Path Assessment is a natural outcome from creating the Business Plan and an Independent Valuation Analysis.

 

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