Stratnet's Strategic Consulting
A Stratnet strategic plan can become your firm's road map to a bigger vision for your professional practice.
It can help you to translate goals into tangible, realistic objectives that actively
shape the future of a practice. Facilitating a strategic plan involves:
- Defining a statement of your firm's mission and professional vision;
- Analyzing the strengths, weaknesses, opportunities and threats relevant to your
practice;
- Identifying and building on your firm's existing point of difference;
- Developing core strategies for every area of your firm's professional services;
- Addressing your practice's shifting human resources, marketing and financial
requirements;
Stratnet's Strategic Approach
Stratnet strategic planning approach focuses on building every aspect of your enterprise's professional
practice
and assists your enterprise's leaders to deploy management tools/processes that
establish
focus, clarity, motivation and accountability.
Stratnet Strategic Consulting services insure that business leaders successfully address their greatest challenges
and make distinctive and lasting improvement in their organization's performance.
We look at business as an integrated, cohesive whole and work to position your
enterprise for future requirements through careful creation of plans and the execution
of these plans. We spark breakthrough ideas for our clients and work closely with
them to convert insights into strategies that will drive the direction and priorities
for information technology initiatives and investments.
Stratnet has built a team of highly - trained and experienced management consultants
who have assisted our customers in establishing a vision, developed strategies
for reaching the vision, and implemented the processes and technologies needed
to make the vision a reality.
Our consulting professionals have diverse skill sets, leadership abilities and
technical expertise to complement each client's staff on a project. They are formally
trained and experienced with successfully delivering services using industry accepted
methodologies. Stratnet's approach to strategic consulting integrates our client's best practices with proven structured
methodologies and tools for project management and implementation.
What Stratnet offers
Stratnet offer four stages of consulting in working with our clients:
- Strategic Planning:
What are the organization's goals, needs and priorities? We determine the
type of information that needs to be collected, tracked and analyzed, and assess
the adequacy of existing tools and systems. Conduct assessments (SWOT/PESTLE) to determine
your current positioning against your strengths, weaknesses, opportunities and
threats.
- Process Improvement:
Are your people and systems being used most efficiently and effectively? We
evaluate policy and procedural changes that could provide a greater return on
your investments.
- Requirement Definition:
Our consultants recommend the technical solutions and system improvements
that will solve the organization's information technology challenges within available
budget.
- Implementation Road-map:
We analyze the inter-dependencies among existing programs and processes, and
recommend the order in which change should occur.
The PESTLE and SWOT Analysis Tools
PESTLE is an acronym for Political, Economic, Social, Technological, Legal and
Environmental
factors, which are used to assess the market for a business or organizational
unit strategic plan
The PESTLE Analysis is often used as a generic 'orientation' tool, finding out
where an organization or product is in the context of what is happening out side
that will at some point effect what is happening inside an organization.
A PESTLE analysis is a business measurement tool, looking at factors external
to the organization. It is often used within a strategic SWOT analysis (Strengths,
Weaknesses, Opportunities and Threats analysis).
Completing a PESTLE analysis can be a simple or a complex process. It all depends
how thorough you need to be. It is a good subject for workshop sessions, as undertaking this activity with
only one perspective (i.e. only one persons view) can be time consuming and will
often miss critical factors.
The PESTLE analysis is used for business and strategic planning, marketing planning,
business and product development and research reports.
SWOT is an acronym for Strengths, Weaknesses, Opportunities, Threats.
a SWOT is a planning tool used to understand the Strengths, Weaknesses, Opportunities,
and Threats involved in a project or in a business. It involves specifying the
objective of the business or project and identifying the internal and external
factors that are supportive or unfavorable to achieving that objective. SWOT is
often used as part of a strategic planning process.
While at first glance this looks like a simple model and easy to apply, we can
say from experience, that to do a SWOT analysis that is both effective and meaningful,
requires time and a significant resource. This cannot be done effectively by just
one person. It requires a team effort. The methodology has the advantage of being used as a 'quick and dirty' tool
or a comprehensive management tool, more importantly this is not a decision that
has to be made in advanced as one can lead to the other. This flexibility is one
of the factors that has contributed to its success.
The term "SWOT ANALYSIS" is in itself an interesting term. Many believe the SWOT
is not an analysis, but a summary of a set of previous analysis – even if those
were not more than 15 minutes of mini-brainstorming with yourself in front of
your computer. The analysis/interpretation comes after the S W O T summary has
been produced.
Generating Strategies - get them USED
When the desired objective has been deemed attainable, the SWOTs are used as
inputs to the creative generation of possible strategies, by asking and answering
each of the following four questions, many times:
* How can we Use each Strength?
* How can we Stop each Weakness?
* How can we Exploit each Opportunity?
* How can we Defend against each Threat?
Ideally a cross-functional team or a task force that represents a broad range
of perspectives should carry out the SWOT analysis. For example, a SWOT team may
include an accountant, a salesperson, an executive manager, operational staff
and an engineer.
What strengths and weaknesses are examined?
The strengths and weaknesses analysis is an internal examination that focuses
on your past performance, present strategy, resources and capabilities. It is
based on an analysis of facts and assumptions about the company, including:
* People (Human Resources)
o People and skills (in particular marketing, export experience)
o Staff development
* Properties (Buildings, Equipments and other facilities)
* Processes (Such as quality, finance, M.I.S. etc.)
o Financial resources (debt to asset ratio and personal equity)
o Governance
o Management/ leadership
o Staff development
o Communication
* Products (Publications etc.)
o Sales
o Products
o Markets
o Capabilities/ scaleability
o Capital structure suppliers
o Customers (market research)
o Intellectual property
In other words -
* Strengths
o What do you do well? Is there anything you do better than
most? Better than anyone else?
* Weaknesses
o What should be improved? What do you do poorly? What should
you avoid, based on mistakes in the past?
PRIMO-F
Some organizations request that we us the framework PRIMO-F as the structure
for capturing SW factors:
* People
* Resources
* Ideas/ Innovation
* Marketing
* Operations (products services etc)
* Finance
The PRIMO-F model can be developed as part of a SWOT analysis of an organization.
It provides a consistent framework for comparison either from within the organization
or to benchmark against a previous analysis or benchmark against other organizations.
Stratnet's Strategic Consulting
group has proven itself to business and government enterprises time and
time
again, and is prepared to bring the most qualified professionals in
support of
your strategic requirements.
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