Dare To Dream

Dare to dream

Strategic Plan

With the current pandemic, Business as Usual (BAU) is not usual anymore. This is the age of disruption. Companies that survive – and thrive – are those that plan well and put smart bets for the future.

Strategic planning approach aims to sustain and increase company’s value while taking into consideration all internal and external factors affecting company development (competition, trends, technology, regulations, demographic change, company location, distribution or corporate assets, company pricing policy, etc.) are evaluated and vision, targets, main initiatives, and corporate level performance indicators are defined.

Have the Faith to Grow your Organization, not all companies perform the same in similar circumstances. Some companies outperform the industry, some even outperform the market. It only takes to dare to dream and to plan …. Strategic plans.

Why do you need Strategic Planning?

Business as Usual (BAU)

Strategic planning approach aims to sustain and increase company’s value while taking into consideration all internal and external factors affecting company development (competition, trends, technology, regulations, demographic change, company location, distribution or corporate assets, company pricing policy, etc.) are evaluated and vision, targets, main initiatives, and corporate level performance indicators are defined.

In Pinnacle, our objective in the context of strategic planning and corporate performance management is to support strategic decision-making and operational management processes by defining actions that are in line with the company’s strategy and determining key performance indicators (KPIs) and balanced scorecards. Initiatives, and corporate level performance indicators are defined.

Corporate Performance Management

In addition to growth, performance management helps keeping the focus on the critical targets composing a company’s strategy. For this reason, it is vital to define KPIs and balanced scorecards at all corporate levels and hierarchy in line with strategic targets.

Corporate Performance Management

When you and your team are in the middle of the action center it is really hard to have the strategic focus on your planning duties. Operational thoughts and daily activities take the strategic thoughts, dip your brain into the everyday dilemma; and this is why it is far better to have an external fresh  eye to see the big picture and has the needed strategic focus to be able to lead this with you. In Pinnacle we: 
  • Identify barriers in achieving the company’s objectives and developing an approach that allows the company to overcome obstacles.
  • Liaising with Management to gather information on challenges and objectives and following up on the implementation process.
  • To implement the annual operating plans, communicating the details to each subsidiary, e.g. marketing activities, branding, new project/ product initiatives etc. through close follow up with business heads.
  • During/ after implementation, evaluating whether the strategy is achieving the projected results via relevant and reliable performance measurements reports and strong key performance indicators. If performance is not aligned with projections, then planning additional initiatives.

Strategic Planning Consultation

Across large global organizations, Strategic Planning processes are often inconsistently and ineffectively performed, making centralization and standardization a significant opportunity to reduce costs.

In Small/Medium business, companies mistakenly think they are agile and can shift their plans anytime– if they have one in the first place. SMEs keep their plans in the head of the owner, founder, or the Managing Director, which are obviously not strategic plans, normally we hear dreams.

Our Pinnacle Services

Our Pinnacle Services

  • Define/ review company vision, goals, main initiatives, and corporate level performance metrics
  • Ensure that KPIs are aligned with the main business strategies
  • Develop balanced scorecards at corporate, departmental, and individual level
  • Define structure for supplying information to KPIs and scorecards, and create action plans if required
  • Design performance model and processes

What will be the benefits?

  • Improve business insight-Report standardization and the introduction of a single monthly management performance metric package.
  • Increased planning accuracy, Introduction of new processes and forecasting techniques.
  • Increased productivity via measuring the gap and run root cause analysis.
  • Cost Savings initiatives and implement tracking models.

Conclusion...

Pinnacle’s Strategic Planning experts help clients achieve and sustain the company performance by linking tangible actions to a clear vision. We work together with our clients to develop a strategic plan that is robust, yet flexible, sophisticated, and easily implemented, as well as measured within their organizational context.

We build long-term relationships with our clients and work together to create effective strategies that cover a broad spectrum of issues. Pinnacle’s Strategy practice helps organizations around the world generate measurable outcomes by making winning choices on their most significant strategic issues.

In Pinnacle we understand the challenges business face with the current dynamics, we have been helping organizations big and small to be able to face the storm of economic effect of Coronavirus by being able to assess the situation based on Lean Six Sigma methodology, then define the best strategy moving forward.

Please use contact us and one of our business development managers will be calling you to support

Pinnacle® is a multi-country consultancy firm. Our consultants are spread around the world; we are divers organization with 70% of our consultants women and 14 nationalities. We have built our organization on modern business model with agility, diversity, and resilience to the business dynamics. We have chosen our technology platform to support our modern mindset thus we work from anywhere …. As work is not a place anymore. We implement Lean Six Sigma in everything we do whether internally or externally at our client sites. 

This article is written by:
Inas Moniem
Inas Moniem
Pinnacle Business Strategy Consultant
Pinnacle Ltd.

Pinnacle Ltd. is a multi-countries modern consultancy firm, with offices around 13 countries in 4 continents, and 34 consultants working remotely and virtually managed.

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