STRATEGIC PLANNING
STRATEGY PLANNING FOR BUSINESSES & CORPORATIONS
FocalPoint coaches work with some of the top companies in the U.S. and the world, helping them plan and strategize how to grow to new heights. Locally, we are headquartered in Louisville, KY, and serve the greater Jefferson County area, including Lexington, Frankfort, KY & Jeffersonville, Columbus, IN, and beyond.
Fill out the form to get a free Business Growth Score, or call today for more information.
Contact Us
Are you a business owner seeking a certified business coach with knowledge of developing comprehensive organizational strategies? Working with a strategic planning business coach to provide the knowledge, tools, and analysis to assist you in creating and pursuing growth goals will give you results.
GET YOUR BUSINESS GROWTH SCORE
Click the button below to get your free trusted business growth score today. We'll be in contact soon with the results.
WHAT IS STRATEGIC PLANNING?
Strategic planning involves developing a blueprint to achieve mid and long-term company goals of sustainability, longevity, productivity, and profit. A strategic plan hones in on company goals, objectives to achieve company goals, who is responsible for completing those objectives, and time constraints.
For example, a business may create a strategic plan to train new hires on effective sales strategies, improve their current marketing strategy, or incorporate more time management practices into daily business operations.
When combined with the business plan, a strategic plan lays a foundation for businesses to improve productivity, increase marketplace value, and continuously create and recreate cost-effective, efficient, and time-saving solutions.
WHY DO BUSINESS OWNERS NEED A COACH TO HELP WITH STRATEGIC PLANNING?
Business owners often seek assistance with strategic planning when they feel overwhelmed by managing their current responsibilities and don’t know about assessing their data. Business owners benefit from a trained professional who will translate that data for clear comprehension and clarity and assist them in facilitating the process. Business owners will feel more confident about the strategic process when they seek input and guidance from a trained outside source.
Business coaches are also reliable support by helping business owners understand and complete the process promptly with step-by-step assistance without feeling like it takes too much time or risks their organization’s productivity.
WHAT ARE SOME KEY ELEMENTS OF STRATEGIC PLANNING?
Strategic planning affirms the business owner’s long-term vision of the company, assesses the business’s current organizational and operational structures needing immediate improvement, and includes the decisions and steps taken to deliver necessary changes to challenging areas.
Business owners will develop the ability to retrace their steps for further analysis or to identify possible errors in any department or area of operation. Strategic planning will also define team responsibilities. A quick overview of the process looks like the following:
Strategic planning involves a SWOT analysis, incorporating your past progress, current position, research on your competition, and vision of progress.
Focus on your key results and key constraints to strategize improvements and growth.
Confirm the business owner’s mid and long-term goals are on track with the mission, purpose, and vision recorded in their business plan.
Establish a deadline for the strategic plan.
Discuss the strategic plan with your organization’s executives, leaders, suppliers, vendors, and long-time clients in a productive off-site meeting.
Coordinate check-ins for progress and address any challenges.
WHAT SHOULD I EXPECT FROM A STRATEGIC PLANNING BUSINESS COACH?
Expect your strategic planning business coach to help you clarify business goals, strategize efficient business operations, develop teams, and create the most optimal improvements.
Expect your coach to work with you to create a concise strategic roadmap, foster productive communication and collaboration within your organization, and assist you with addressing delays or challenges as quickly as possible.