11/21/23, 12:44 PM What is Agile Strategic Planning - Process & It’s Working

What is Agile Strategic Planning?

The speed with which change is happening now is far greater than what it was a few years ago. The world is so fast-pace
happening changes only at your business's peril. Sometimes the changes in processes or features take place so quickly th
and you are only left playing catch up with your competitors. This means you lose out on essential projects or customers
is to move faster than these changes simply. Your organization must be much more alert to the world and your competito
the answer to keeping pace with or staying ahead of the rapidly changing world.

A recent study has revealed that most Chief Executive Officers (CEOs) and Chief Information Officers (CIOs) agree on
is critical to an organization's survival and reputation in today's world. So, the key is to achieve Business Agility. The ear
five or seven years of planning, is becoming increasingly extinct. Today, most organizations focus on Agility which is fle
changes and corrections. But before achieving Business Agility, planning at a higher level is essential. And this takes us
leadership level.

What is Agile strategic planning?

Traditional strategic planning is usually a long-drawn process. Research is done, and findings are documented before any
followed by long meetings and multiple layers of approvals. Only a few top leadership members who have the power to
process. This planning is done on a long-term basis and is generally rigid. A mismatch in the strategy and execution has
planning process. The top leadership of the organization provides this kind of planning, and there is no input from the pe

Agile strategic planning replaces this formal process of organizations with a more informal process that involves short m
Stakeholders who can accelerate the strategic decision-making. Here, strategic planning is done short-term, keeping room
unexpectedly. The Agile strategic planning process is repeated more frequently than the traditional process, usually every
continuous, and it produces a lot of potential initiatives. Since the process is fast here, these initiatives are reviewed quic
initiatives are implemented accordingly.

You must change mindsets, behaviors, and methods when taking up Agile strategic planning. It is suitable for fast-paced
manufacturing, etc., because Agile Planning provides speed and flexibility. The shift from traditional strategy planning to
from annual to quarterly planning.

How does Agile strategic planning work?

The Agile strategic planning process focuses on value streams and funds them; from there, it executes the projects. This
planning, the allotment of resources is very complex and takes a lot of time. This means in Agile, strategy enterprise defi
guides the decisions on the quantum of investment. At the same time, the products are being completed, and released. Ag
on the work that brings value to the company and the customers, and the basis of allocating the resources is what brings
don't have to continuously review the resource allocation, simplifying the process and giving the portfolio level power fo
start, companies can focus on strategy execution to sustain the strategic momentum.

To start with Agile strategic planning, first, you need to understand the organization's mission and values clearly. This sh
planning. And with this kind of launching pad, you can plan faster. The following essential requirement for Agile plannin
possible size that should comprise sprightly Stakeholders who don't get entangled in multiple rounds of reviews 1/2
https://premieragile.com/agile-strategic-planning/
and app
authority or power to adjust the resources according to the situation or the problem being faced. The size of the organiza
11/21/23, 12:44 PM What is Agile Strategic Planning - Process & It’s Working

The most significant advantage of Agile strategic planning is that it gives power to portfolio managers to decide the prio
choose which project they would work on first and which one they would take up later. This gives them encouragement
that they have proper and regular communication with the executives to ensure that the project remains on track and they
Agile strategy planning is that it increases work speed, allowing you to release more work while ensuring judicious use o
innovation because it gives power to people and allows them to solve problems in their way without wasting time waitin

Since Agile planning is flexible, it allows for swift changes when the situation demands. The Agile strategic planning go
Agile methodology that the teams must collaborate across departments and functions. When the teams understand and w
collaboration, cooperation, and communication improve.

In conclusion, we can say that in today's disruptive world, where the changes occur so frequently and suddenly, it becom
Agile strategic planning to meet the challenges and be competitive. It calls for breaking out of the traditional strategic pl
inconvenient ways and adopting a new and different way of thinking and resolving the issues. More and more organizati
planning, which is becoming their strength in staying ahead in business.

References
. https://www.servicenow.com/workflow/employee-engagement/how-to-adopt-Agile-strategic-planning/
. https://www.atlassian.com/blog/Agile/Agile-strategic-planning/
. https://insights.sei.cmu.edu/blog/Agile-strategy-short-cycle-strategy-development-and-execution/

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