Strategic Planning
The desired output of the strategic planning process is a clear, coherent definition of the major goals, objectives, targets and initiatives that a business will adopt to be both successful and competitive in its chosen market. Strategy setting is the role of the executives, and the challenges include:
* Ensuring the strategy is set in the context of the organisations vision and mission
* Ensuring that key stakeholders needs are identified, considered and weighted to drive the strategic plan
* Capturing and communicating the strategy in a succinct and coherent manner, so that everyone understands it
* Implementing processes and technologies that facilitate strategy capture and communication
* Understanding the financing structure options and implications for funding the business
Process Transformation
Paragon helps organisations to address these challenges by adopting a straightforward, structured approach. This approach facilitates the capture and communication of strategy, which provides the primary level of Performance Management by setting the context for the integrated financial and operational plans. The approach is applicable and can be replicated at all levels of the organisation from Group, Division and Business Unit though to individual business function.
Hyperion Strategic Finance
Another dimension to the Strategic Planning process is the question of how best to strategically finance the business activities. Whilst Excel-based spreadsheet models are an option, Paragon recommends the adoption of the dedicated solution, Hyperion Strategic Finance.
Paragon has worked with a number of organisations to capture the strategy and translate this into operational terms, as well as implementing the Scorecard and Business Intelligence solutions which ensure that the strategy is actionable and that performance is proactively monitored.
Paragon has implemented strategic finance solutions, most recently with a global brewer that wanted the pre-packaged modelling and forecasting capabilities and the ability to create, refine and consistently apply assumptions within its financial models to more accurately determine cashflows and funding needs across the business.
Services
Our Strategic Planning services are typically part of a broader Performance Management programme and are tailored to your specific circumstances. These can include:
* Strategic planning process definition
* Strategy capture
* Strategy communication
* Value driver tree definition
* Conformed KPI definition
* Balanced Scorecard definition
* System strategy and selection
* System implementation
* Hyperion Strategic Finance (HSF) implementation
* Application Management Services
To find out more, discuss your requirements or schedule a meeting please contact: lee.merchant@paragonbpm.com
