Issue-Based Strategic Planning (IBSP): Procedure and Checklist

Issue-Based Strategic Planning (IBSP) is a strategic planning methodology that focuses on identifying and addressing critical issues or challenges facing an organization. It emphasizes problem-solving, decision-making, and action-oriented planning to address complex issues and achieve desired outcomes. Below is a draft procedure followed by a checklist for Issue-Based Strategic Planning: ### Procedure for Issue-Based Strategic […]

Hoshin Planning: Process and Checklist

Hoshin Planning, also known as Hoshin Kanri or Policy Deployment, is a strategic planning methodology that aligns organizational goals, objectives, and strategies across various levels of the organization. Below is a draft procedure followed by a checklist for Hoshin Planning: ### Procedure for Hoshin Planning: #### 1. **Strategic Direction and Leadership Alignment**: – **Define Vision […]

OKRs and KPIs: Procedure and Checklist

Creating a procedure for Objectives and Key Results (OKRs) and Key Performance Indicators (KPIs) involves defining a structured approach for setting, tracking, and evaluating organizational goals and performance metrics. Below is a draft procedure followed by a checklist for OKRs and KPIs: ### Procedure for OKRs and KPIs: #### 1. **Objective Setting**: – **Define Objectives**: […]

Procedure of Entering New Markets

Drafting a new market entry operational process involves a systematic approach to enter a new market successfully while considering various factors such as market research, regulatory compliance, operational logistics, and marketing strategies. Below is a draft operational process for new market entry: ### 1. **Market Research and Analysis**: – **Market Assessment**: Conduct a comprehensive analysis […]

Balanced Scorecard (BSC)

Creating a Balanced Scorecard (BSC) involves a systematic approach to align organizational activities with its vision and strategy. Below is a draft procedure to create a Balanced Scorecard: ### 1. **Initiation and Planning**: – **Stakeholder Identification**: Identify key stakeholders, including top management, employees, customers, and shareholders. – **Vision and Strategy Alignment**: Ensure that the BSC […]