Strategic Planning
Strategic planning is a process an organization should undergo in order to map out its desired future and align all of its resources to achieve its objectives. It is also necessary to safeguard current revenue streams by mitigating any potential threats from competition and to secure new revenue streams by exploiting new opportunities that may arise.
VSATC can assist organizations in their strategic planning. Areas of involvement include assisting in:
- Developing a strategic vision for an organization in collaboration with key stakeholders.
- Setting long and short term objectives.
- Creating strategic plans in order to attain the organization’s objectives.
- The ongoing implementation and monitoring of strategic plans.
- Performance evaluation.
The survival of an organization is not necessarily dependent on size or the amount of resources available at its disposal for its activities, but solely dependent on the planned use of these resources and the organizations adaptability to change in order to strategically compete in an ever changing business environment.
Failure to strategically plan and keep abreast with changes in the business environment can have a negative impact on organizations as these have to work hard to defend positions that they occupy in the market, or to gain larger market shares. Products and services are constantly changing in line with customers’ objectives and wants.
Changes in markets result in the need for extensive research and development, increased technology deployment and the evolution of new ways of conducting business. It is due to these changes that an organization has to be able to respond quickly to the constantly changing market conditions if it wants to survive.
Strategic planning ensures that an organization has a strategic vision, its' resources are geared to attaining this vision, and its long term as well as short term objectives are reached.
You may be caught in the daily operations of your business so much so that you are losing sight of the big picture. Or perhaps you are contemplating a change to the core of your business and expansion geographically, but you do not know how that will impact the rest of your operations.
We develop full strategic plans to help you define the core values of your organizations and key business activities so that you can meet your objectives once again. We will dissect your organization and analyze your internal operations as well as the external environment your business is operating within. We will also work with you to set new goals, create new strategies and timelines, and determine your success criteria for you to run a successful business long term.
Business Evaluation & Organization Reviews
You think you are doing all the right things for your business, but for some reason, your bottom line just doesn’t reflect it. Or you are working long and hard hours from Mondays to Sundays, and are desperate to find more efficient and effective ways to run your business.
We will gladly help you achieve that work/life balance by evaluating your current business model, process, operations, and/or organizational structure, to identify problems or areas of improvement.
You will learn how efficient and effective your company’s programs and/or initiatives are. You will also gain the ability to recognize when changes are required and to implement them across all parts of your business on an ongoing basis. You can expect to identify opportunities that will increase your operational excellence.
