If every business decision is a series of conversations, your strategy day is where the most important conversations for your business’s future will take place

 

So if you’re planning to run a strategic planning session to get the next financial year off to a good start, a strategy session may help you align your team, and strengthen your business’s performance in the year ahead

Strategic Sessions 
The following is taken into consideration when facilitating the strategic session:

 

Vision and Mission

  1. Vision: Where are we going?
  2. Mission/purpose : Why do we exist? Who is the customer we serve?

 

Strategic Priorities

  1. What do we need to focus on to achieve our Vision?
  2. Action planning for the strategic priorities.

 

Key Partners

  1. Who are your key partners
  2. Who are your key suppliers
  3. Which key resources are you acquiring from partners
  4. Which key activities do partners perform

 

Key Activities

  1. What key activities do your Value propositions require
  2. Distribution channels
  3. Customer relationships
  4. Revenue streams

 

Value Propositions

  1. What value do you deliver to the customer
  2. Which of your customer’s problems are you solving
  3. What bundles of products and services are you offering
  4. Which customer needs are you satisfying

 

Customer Relationships

  1. What type of relationship does each of your customer segments expect you to establish and maintain with them
  2. Which ones have you established for long term business
  3. How are they integrated in your business model
  4. How costly are they

 

Corporate Governance

  1. Discipline
  2. Transparency
  3. Independence
  4. Responsibility
  5. Social Responsibility
  6. Employment Equity

 

Customer Segmentation

  1. For whom are you creating value
  2. Who are your most important customers

 

Key Resources

  1. What key resources do your value propositions require

 

Channels

  1. Through which channels do customer segments want to be reached
  2. How are you reaching then now
  3. How are your channels integrated
  4. Which ones work best
  5. How are you integrating them with customer routines

 

Cost Structure

  1. What are the most important costs inherent in your business model
  2. Which key resources are most expensive


Revenue Streams

  1. For what value are your customers really willing to pay
  2. How would they prefer to pay
  3. How much does each revenue stream contribute to overall revenues

 

Finance

  1. 2 – 3 years’ Financial Statements are revised and analysed
  2. Corrective measures are discussed where necessary

 

Human Resources

  1. Discuss employment contracts, job descriptions and performance measures are in place.
  2. Policies and Procedures

Mission, Vision and Values

Company Structure

Key Activities

Key Resources

Value Propositions

Customer Relationships

Distribution Channels

Customer Segmentation

Cost Structures

Revenue  Streams

SWOT Analysis

Financial, Growth and Gap Analysis

Targets, Objectives and Action Plans

Management Structure

“Every effective winning strategy is mapped out by focusing on the desired end goal.” 
― Wayne Chirisa