Business advisory services begin with a strategic plan. Prior to any strategic plan is objective setting. “Where do I want to go, why do I want to get there, why is it important and what do I think it looks like when I get there?”
Strategy is then a plan of how to get there, what resources will be allocated, what will be excluded, and an assessment of the risks to each action or inaction.
Business advisory services include tactics; the plan to execute the choice time sequenced with resource allocation identified, this turns into a business plan.
A strategic plan is a document used to communicate with the business on the business goals. Plus the action required to achieve the goals and all the other elements that develop during the process.
We use strategic planning to set priorities, focus energy, resources, and operations. This aims to build a team of employees and stakeholders to work towards the business goals. It is also necessary from time to time to adjust the direction of the business in response to a changing environment.
|For further information, please contact Bruce Sheppard,
one of the Gilligan Sheppard partners. Bruce Sheppard
Read Bruce’s profile here…