7 Steps to

Strategic Planning
Process

Revive Group
" If you fail to plan, you plan to fail" 

but what does strategic planning

mean for your business

Revive Group
Examine your business from
customer’s point of view:

Look at what you do best Who your competitors are

After realizing where you are today

•Plan where you want to take your business to

•Set future directions

•Define your business priorities

• Which choices should you make to ensure
future success?
• What differentiates you from your competitors?

• What are the core activities you must do well?

• How do you encourage, motivate and fulfill your

people’s needs?
 Evaluate Strategic
Options

Use Value/Effort Assessment and Weighted Criteria evaluation

techniques to determine the most appropriate option

 Identify risk categories (Financial, industry or management risks)
After carefully
drafting the
Determine
choices you what could cause exposure to risk

have, it is time
to assess the Establish what are the impacts of the exposure

risk, evaluate the

likelihood and Evaluate how likely is this to happen

impact of each
Categorize the risk rating from highly likely to low
Establish Key • Customer satisfaction: Surveys, number of new
Performance and repeat customers
Measurements to • Financial performance: Revenue growth rate,
profit margin, net profit
ensure the • Internal processes: On time deliveries, full
strategic options capacity utilization
are performing as • Employees: Hours of training, employee
turnover and engagement rate
planned.
Review the options and conduct a pre-
implementation review before finalizing your
decision

Involve your managers and other parties in

the review process and ask for feedback.
 Remember Smart
planning can take your
business to places you
never imagined possible
Ready to Plan?
Start Today