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Developing a Strategic Plan for Your Consulting Business
Strategic planning is like creating a map for an exciting journey you are about to take. The map will help keep you on course if you start going in the wrong direction but it isn’t so stringent that you can’t check out different roads along the way. After seven years of consulting, this is exactly what my strategic plan has done for me. Each year, I map out where I am, where I want to go, and how to get there. During the year, my plan is a guide for what I should be focusing on as well as a resource to help me do a "check" whenever I am tempted by something new and different. Sometimes, I rewrite my plan based on changes (i.e. technology, client request, economy, emerging trends) but many times it has helped me realize what is important and make the right decision with various opportunities and threats to ensure my long-term goals are met
Strategic Planning Takes GUTS
Developing a strategic plan may not seem to be a walk in the park. It may become the most challenging task you have ever undertaken as a leader. It starts with your ability to articulate a vision in writing that your management team can use as a baseline to build a "Roadmap to Success"; the strategic plan. This vision for the future or "End Game" as I call it can be used at any time in the future to measure whether the business is maximizing success or on the road to failure. As a result, many presidents and CEO's will put this strategic planning process off as long as possible. However, those leaders that step into the strategic planning arena quickly come to realize an abundance of benefits.
Components of Strategic Planning
There are certain components of the strategic planning process that should be in place to develop, implement, and effectively monitor a strategic plan. This article provides a brief overview of the steps involved in strategic planning.

Other developing a strategic plan Related Articles

“Ten Important Ingredients For Your Strategic Marketing Plan, According To Your Strategic Thinking Business Coach”
Strategic thinking is very important in developing an effective marketing plan for your business. You need to think about a compelling Unique Selling Proposition (USP); an effective positioning statement; and a strategic integrated marketing communications approach. Writing a Strategic Marketing Plan is about understanding the needs and desires of your customers and clients, and showing them how your product and/or service will satisfy the needs of your customers and clients and solve their problems. Based upon more that 35 years of experience, and using a strategic thinking approach, here are Ten (10) Important Ingredients For Strategic Marketing Plans.

“Strategic Marketing Tips From Your Strategic Thinking Business Coach”
Using strategic thinking in developing your marketing plan means you understand the needs and desires of your clients and customers, and you show them how your product/service satisfies those needs. You must know: what value your product or service offers & what benefits it provides; what differentiates you & your product/service from the competition; who are your stakeholders, which may include: your suppliers, your bank, your subcontractors or vendors, your associates, your staff, your clients or customers, and of course the general public; where your clients & customers are located geographically; and what are the most effective distribution channels to deliver your product or service? Your strategic thinking business coach provides the following ten (10) strategic marketing tips to use in developing your strategic marketing plan.
How To Know If You Are A Strategic Marketing Communicator, According To Your Strategic Thinking Business Coach
Competition in the business world requires sound strategic thinking and planning. And one application of those strategic tools is in business marketing communications. And Your Strategic Thinking Business Coach believes that strategic thinking and planning need to be done before developing or recreating any marketing communication. For example, it is important that you take time to think about what role your marketing communication will play and how it will help you achieve your strategic marketing goal(s). If you think and plan your marketing communications in a strategic manner, you will be able to make a more educated, more informed, and strategic decision about each of your marketing communication tools.

Time is Money: Strategic Lifestyle Planning and Return on Investment
I have always advocated that people should create Strategic Lifestyle Plans for themselves. What is a strategic lifestyle plan? Very much like a business’s strategic plan, a strategic lifestyle plan is a way to develop a thoughtful design for your life that delineates what you most want out of life.

10 Strategic Steps To Take To Achieve Your Business Vision, According To Your Strategic Thinking Business Coach
Highly successful businesses today have developed visions for their organizations and have the vision integrated throughout the company. However, far too many businesses, even some that may be considered successful, have no clear vision and no real plan for the future of the company. There are some people that have a great fear of strategic planning and of developing a clearly defined vision. And sometimes the fear stems from the lack of knowledge of strategic planning and/or confidence that the people and the organization can actually succeed in developing and implementing a sound strategic plan. This fear and the lack of confidence can be minimized by following strategic steps I have used and that my clients have used through strategic thinking business coaching. Here are 10 recommended strategic steps to follow.
Preparing for the Strategic Planning Retreat - A Checklist
Every nonprofit organization should conduct strategic planning on a regular basis, as strategic plans outline what action steps the organization will take in the future to sustain and grow their operation, while adhering to their mission. Many organizations focus attention on conducting the strategic planning session and developing a plan, but don't allocate sufficient time to prepare for the planning retreat. Taking time to adequately prepare for a strategic planning session can help the actual event to run much more smoothly and efficiently, resulting in greater productivity. This article provides a checklist of items to consider in preparing for your next strategic planning retreat.

Strategic Planning Takes GUTS
Developing a strategic plan may not seem to be a walk in the park. It may become the most challenging task you have ever undertaken as a leader. It starts with your ability to articulate a vision in writing that your management team can use as a baseline to build a "Roadmap to Success"; the strategic plan. This vision for the future or "End Game" as I call it can be used at any time in the future to measure whether the business is maximizing success or on the road to failure. As a result, many presidents and CEO's will put this strategic planning process off as long as possible. However, those leaders that step into the strategic planning arena quickly come to realize an abundance of benefits.
Developing a Strategic Plan
Developing a specific Strategic Plan is fundamental to organizational progress. Once an organization has a concrete set of values, a vision, a mission, and a set of behaviors, it is time to document the strategic plan with tactics. This article gives a brief outline of the process.

Develop your Team’s Strategic Skill-Set
Leaders of marketing departments are charged with increasing the knowledge and skills of their team, but many do not have a plan for educating and developing their staff. Use this summary to identify which skills you have, and what strategies you can deploy to engage your team and expand their strategic & tactical skills. Don’t miss our Marketing Skills Matrix which outlines simple, developing, and advanced tactical and strategic marketing skills required for marketing executives.
Strategic Planning - Business Executive Essentials - Part 1 of 12
Business executives are always wanting to improve their company's performance by laying out a better business plan and strategy. Many ask the question “where can I find a decent business plan template for the new year?” * Have you given much consideration to the possibility that your strategic and operational plans may be far less effective than they could be? - Do you know what your strategic plan should accomplish? - How would you begin to measure the effectiveness of your current strategic planning process? - Does your own planning process consistently define meaningful goals that get achieved as expected when the plan is followed? This article is part one of a series that describes the components of a comprehensive business strategic plan and provides a checklist for evaluating strategic planning process effectiven
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