Strategic plans are vital to a company's success but so many fail because they are too complicated, lack focus, have too many irrelevant and unrealistic goals, the wrong people are involved in their creation, the goals are poorly communicated and there is no accountability or follow through.
Here at SP4R, we ensure you have the right people involved in the planning process to establish a simple, clear, relevant, challenging, focused and easily communicated Strategic Plan. A plan that has clear actions, a means of measurement, tightly defined timescales, ownership and buy in from everyone in the organisation.
The Hoshin plan is our method for ensuring that the strategic goals of your company drive progress and action at every level within the organisation. This eliminates the waste that comes from inconsistent direction and poor communication.
The Hoshin plan is formulated during the course of a co-operative workshop and a one page document illustrates the findings of the workshop, which is communicated and then agreed throughout the company all the way to the front line and back to the top. This ensures that everyone is engaged and focused on the priority goals for the next twelve months. Goals that are stretching, measurable, attainable, relevant, and timely. Objectives that will move the company in the right direction towards achieving their 3 to 5 year vision .
Blue Ocean strategy is a systematic approach that makes the competition irrelevant by allowing organisations to create new consumer value often while decreasing cost.
SP4R uses analytical frameworks and tools to foster an organisations ability to systematically create and capture blue oceans and move away from over competitive and cost driven red oceans where most companies our floundering and struggling to keep afloat.
Looking at the strengths, weaknesses, opportunities and threats along with the political, economic, socio-cultural and technological factors affecting your business and how they will influence the performance and it's activities in the long term.