Strategic Planning Coachingis a defined coaching engagement which is provided over a 4-6 month period whose goal is the actual development of a strategic plan for your business. Our strategic planning engagement used only to be offered through facilitation on site until such time we had a client approach us to ask if we could modify our program to develop a coaching program. The reasoning was that they wanted to be involved in every step of the way. Since that time, we have been offering this as a coaching engagement.
This is a long engagement and an endurance exercise in making sure you have a developed strategic plan in place. If you are not committed to the end goal or do not have 2 hours every week for a minimum of 18 weeks, this is not the engagement for you and should consider facilitation to develop your strategic plan.
Through this engagement, you will define where you want your company to be within the next 3-5 years. Developing or updating your strategic plan is first about establishing goals and objectives and then determining the gap from where you are today to where you want to be, as well as developing the steps needed to meet your goals.
For strategic planning coaching, we suggest that you have been in business a minimum of 2 yearswith two years of financials. You also must be someone that has insight into your current business to know that to get to your goals of the future, change has to occur in your business, and you are ready to get started on making that change to get to the future.
Business owners who are looking to take their business to the next level, but require a strategic plan to get them there.
Businesses with multiple partners who want to work on together on a strategic plan to help them get on the same page.
Businesses who have limited staff to help implement a strategic plan so would like to work on the strategic plan over time themselves while getting guidance and support through the process.
Why Strategic Planning Through Coaching?
Strategic Planning can be an onerous task, especially if you as a business owner do not have a large team to be involved and help you develop and implement your plan, so you may need a plan, but facilitation is more for those with teams.
Strategic Planning Coaching helps you develop every part of your plan over a longer period of time which will give you the support and guidance from your coach to help you develop your strategic plan and determine how you are going to approach implementation.
Instead of doing this over a short period where you are then left on your own to implement, you will spend the time over 4-6 months developing your plan at your pace and getting guidance every step of the way as you start implementing. You are also paying for this over a 6 month period instead of the one-time fee at the end of the facilitation week.
You have ongoing support from your coach throughout the process.
Our Process and Deliverables
A questionnaire is provided to the participants (up to 3) to complete about the current state of the business in every area.
The first 2 sessions focus on where the owner wants to be in 3-5 years and the current state overall.
At this point gap analysis is performed to determine what has to change in order to hit the required goals.
The next sessions focus on building the future for each area and at looking at what is required. Depending on the business size and industry, there may be an additional session required.
Once the strategy is outlined, it will be input into the business strategy model.
The strategy map and balanced scorecard are concerned with implementation of the plan including resources, dates, and metrics.
A full budget is developed for the next year.
The engagement will be between 18-20 (2-hour) sessions. For those that are 18, there will be additional coaching sessions that can be utilized by the client in whatever way they wish.
For those interested, there are review sessions available on a bi-annual or annual basis to review progress and results.
Questionnaire - Where Your Business Is Today.
Presentation / Homework Materials to develop a Strategic Plan
Business Strategy Model
Let us teach you the skills to develop and update the strategic plan for your business
Our offices are located in Southwestern Ontario but we are able to provide most of our services across Canada as most services are performed remotely.
We will provide onsite services that require at least one day onsite in Sarnia, Chatham-Kent, London, Windsor, Woodstock, Leamington, Waterloo, Cambridge, Kitchener, Guelph, Milton, Oakville, Mississauga, Burlington, Hamilton, Toronto, Vaughan, Markham, Brampton, Richmond Hill, Newmarket, Whitby, Oshawa, Ajax, Pickering, Uxbridge, Pickering and surrounding locations in the GTA and Southwestern Ontario. For other businesses in Canada who want service onsite and are outside our onsite area, please contact us to discuss your requirements as outside our outlined area will require fees for travel & living. For businesses in the United States, our services are performed remotely in Canada utilizing Zoom for online meetings.
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