Why virtual strategic planning has become demand of the hour? No matter what business you are in, you are being impacted by this typical pandemic scenario. Time is of the essence for fine tuning your business plan and perhaps rethinking your business model. Markets are falling and it has become vital for the organizations to have an effective planning strategy in place. With a good strategy, it is possible for your organization to thrive in the times of a recession. Creating the right strategic plan will dictate how well your company will ride this wave and be prepared till the time economy is back on the track. Group50, a leading firm provides Strategic Planning Consulting Services and they have a team of experienced strategic planning and execution professionals. They will work with a senior leadership team to develop a comprehensive and integrated strategic plan that builds clarity and consensus for all stakeholders such as employees, customers, contract workers and vendors. Their holistic methodology encourages senior leadership team to look at their strategic needs as well as the strategic and operating gaps in their business processes and organization. They focus on leveraging the intersection of people, process and technology for your next wave of productivity. Doing strategic planning virtually has become more practical amidst this pandemic situation. Most of the companies have no fear in adopting this new normal scenario and have overcome this COVID reactionary mode. They have settled in with their remote workforce and finding the optimal way to do strategic planning and strategic execution. Earlier, strategic planning was a lengthy process that resulted in full day meetings for several days. But now it would be rather a punishment for the employees to sit all day long for meetings via video. Their strategic planning methodology requires participation by stakeholders’ throughput the organization. It breaks down strategic planning into bite size chunks and provides more flexibility to adjust the cadence. It is much less rigid than full day meetings separated by weeks and it allows more participation from all stakeholders; board members, C- suite, middle management, customers, suppliers, employees and contractors. Approaching this way provides much more alignment, buy-in and accelerates the change management process. Group50, a leading consulting firm has been doing the majority of their consulting work virtual. They understand the need of the hour and for this they have adapted to this pandemic situation by developing a strategic planning and strategic execution process. These consultants do virtual strategic planning over a period of 10 weeks with 2-3 hours sprints every week.
If you want to speak to the team at Group50 about their virtual strategic planning and execution, contact them at the earliest. Visit: https://www.group50.com/