Strategic business planning method

• US 20030130884A1
• Filed: 01/09/2002
• Published: 07/10/2003
• Est. Priority Date: 01/09/2002
• Status: Abandoned Application

• Current Assignee: Gerald Michaluk
• Original Assignee: Gerald Michaluk
• Inventors: Michaluk, Gerald
• Application Number:
  US10/041,397
• Publication Number:
  US 20030130884A1
• Time in Patent Office: Days
• US Class Current: 705/11
• CPC Class Codes: G06Q 10/0637 Strategic management or analysis, e.g. setting a goal or target of an organisation; Planning actions based on goals; Analysis or evaluation of effectiveness of goals
• CPC Class Codes: G06Q 10/06393 Score-carding, benchmarking or key performance indicator [KPI] analysis
• CPC Class Codes: G06Q 10/06398 Performance of employee with respect to a job function
• CPC Class Codes: G06Q 99/00 Subject matter not provided for in other groups of this subclass

Abstract

A strategic planning method that comprises monitoring a business strategy (10); monitoring an operational action plan (12); monitoring real-time critical assumptions (16); monitoring staff performance (20) and reviewing each of the monitored business strategy (10); operational action plan (12); real-time critical assumptions (16) and staff performance (20). In the event that the step of reviewing indicates any change, this is assessed during a STORM meeting and one or more of the business strategy (10); the operational action plan (12); the real-time critical assumptions (16) and staff performance (20) is up-dated.

Claims

1. A strategic planning method that comprises:

monitoring a business strategy;

monitoring an operational action plan;

monitoring assumptions;

monitoring staff performance;

reviewing each of the monitored business strategy;

operational action plan;

critical assumptions and staff performance; and

up-dating any one of the business strategy;

the operational action plan;

the assumptions and staff performance in response to the step of reviewing.

2. A method as claimed in claim 1, wherein the step of reviewing is conducted at a single review meeting.

3. A method as claimed in claim 1, wherein the step of reviewing is conducted once a week.

4. A method as claimed in claim 2, wherein the step of reviewing is conducted once a week.

5. A method as claimed in claim 1 further comprising testing the assumptions and using results of the testing in a review of these assumptions.

6. A method as claimed in claim 1, wherein the assumptions are critical assumptions.

7. A method as claimed in claim 1, wherein the business strategy is based on a Balanced Scorecard approach.

8. A method as claimed in claim 2, wherein the business strategy is based on a Balanced Scorecard approach.

9. A method as claimed in claim 3, wherein the business strategy is based on a Balanced Scorecard approach.

10. A method as claimed in claim 1, wherein the step of monitoring staff performance uses key performance indicators.

11. A method as claimed in claim 2, wherein the step of monitoring staff performance uses key performance indicators.

12. A method as claimed in claim 1, wherein the step of monitoring staff performance uses a key result area approach.

13. A method as claimed in claim 2, wherein the step of monitoring staff performance uses a key result area approach.

14. A method as claimed in claim 3, wherein the step of monitoring staff performance uses a key result area approach.

15. A method as claimed in claim 1, wherein the step of reviewing involves identifying and monitoring one or more of a companies'"'"' strengthens and weaknesses.

16. A method as claimed in claim 2, wherein the step of reviewing involves identifying and monitoring one or more of a companies'"'"' strengthens and weaknesses.

17. A method as claimed claim 1, wherein the step of reviewing involves monitoring and categorising data according to its perceived accuracy and reliability.

18. A method as claimed claim 2, wherein the step of reviewing involves monitoring and categorising data according to its perceived accuracy and reliability.

19. A method as claimed claim 1 further comprising setting a pre-determined condition, which if met triggers the step of reviewing.

20. A method as claimed claim 2 further comprising setting a pre-determined condition, which if met triggers the step of reviewing.

21. A method as claimed claim 3 further comprising setting a pre-determined condition, which if met triggers the step of reviewing.

22. A method as claimed claim 4 further comprising setting a pre-determined condition, which if met triggers the step of reviewing.