What is Strategy Development?
Strategy development refers to the formulation, refinement, and implementation of strategic plans for organisations. It is the process of formulating coordinated decisions and actions to achieve specific goals and objectives of the organisation.
2PM has the ability to either design a strategy for an organisation or facilitate the leadership team in doing so.
The business and strategies we can support and deliver include:
- Not-for-Profit (NFP) strategy
- Corporate strategy
- Information and Communications Technology (ICT) strategy
- Digital transformation strategy
- Operational efficiency strategy
- Risk management strategy
- Business growth strategy
What are the benefits of strategy development?
A well-defined strategy provides your organisation with a clear direction and focus on what is the priority and the alignment of effort and resources.
If the strategy is well-designed and takes in consideration the organisation current-state, this can lead to competitive advantage and agile adaptation to market changes.
What are some of the outputs of strategy development work?
As part of the delivery of this service, there is a range of documents and activities that 2PM can design and deliver to and with you to reach agreed outcomes. Some examples are shown below:
- Strategic Plan
- Plan on a Page
- Current-State Report
- Action Plans and roadmaps
- Key Performance Indicators (KPIs)
- Strategy presentation decks
- Support and follow-up plans
- Implementation guidelines
- Strategy workshops
- Market research
- 1:1 sessions with your leadership team
Want to know more?
Here’s a few blog articles and webpages we’ve written to help you learn more about strategy development:
We’d love to hear from you!
Start the conversation with us today about how we can help you with strategy development. Reach out to us now to have a chat!