We met in person for the first time!

After this extensive and thorough process of developing your strategic plan, the next step is to implement the identified strategic initiatives.

We have witnessed significant improvements in our clients’ organisations as a result of our engagement with them. This fuels our passion, and we continue to give our best to our clients through our expertise, experience, and thorough, collaborative approach.

Here are common mistakes which hinder the effectiveness of such plans, to ensure that your organisation avoids them:

Over the past few articles, we have shared what strategic planning is, why it is important and who should be involved in the process. In today’s post, we address the burning question: “how is strategic planning done?”.

Strategic planning is often associated with leaders of organisations alone. However, this should not be the case.

Many organisations develop business plans at the start of their organisation but often do not refresh them to align with the evolving needs of their clients, staff, and the external environment.

Strategic planning equips organisations with simple properly defined KPIs by which they can measure success and clearly recognise opportunities for improvement.

Without a strategic plan, most organisations allocate their resources in a bias-prone, short-sighted, or reactive manner which diminishes the value the organisation can create.

By outlining a clear picture of where an organisation is headed and how it should get there, strategic plans are powerful tools to enable effective decision-making across all levels of the organisation.

Strategic planning provides an opportunity to align senior leadership, managers, and staff on their reason for being, vision, key strategic choices, and priorities.

Organisations that outshine their peers retain their positions of leadership by identifying and leveraging what makes them unique.

Over the past year, the COVID-19 pandemic changed our world in ways we did not anticipate: restriction of movement, economic recession, exponential adoption of technology, increased diversification of supply chains.

In our previous article, we introduced our strategic planning series and answered the “what” of strategic planning. This article outlines 6 key reasons why strategic planning is critical to any organisation.

Over the next few articles, we will describe the “what”, “why”, “when”, “who” and “how” of strategic planning.

Impact Partners began as a love project. In late 2020, the pandemic became a source of inspiration for our founders, Amarachi Nnah-Ogbonda and Chiyemenma ‘Chichi’ Kejeh.