Sept 13 - Session 2: Strategic Planning Tactics for the First Time Chief of Staff
- Retro: How did we get to where we are now?
- Vision: Where do we want to go? What is our vision of success?
- Mission: What is going to get in our way? What do we need to be aware of?
- Values: What do we need to do to get there?
Speaker: Jonathan Mark (SVP, Business Operations & Strategy at Vestwell).
In addition to Jon's slides immediately below, please see notes from the Sprint session further below:
Jon’s career journey and evolution:
- Elemental Cognition
- Garner Heath
Prompt: How would you describe the word of leading a strategic planning process?
Q: How do you define strategic planning?
Some answers: Big picture. Making plans. Resources. Communication.
During a Strategic Planning process, ask yourself: (“the what”)
-what is the vision and mission of the company
-what outcomes would equate to success
-what activities could lead to the desired outcomes materializing
-what is the universe of constraints that must be considered
These 4 questions lead to the strategic planning utilities belt
Consensus-building and drawing out disagreements
- Utilizing goal setting frameworks & processes
- Setting KPIs (measure what matters)
- Conducting marker research
- Performing root cause analysis
On conducting market research, “measure what management cares about”
Model building: equal parts framework, tests assumptions, and is an opportunity to expose your thinking
Q: Do you have have a recommended Strategic Planning Process and how does it connect to budgets?
A: Jon typically follows an OKR. People is usually a key part of the budgeting and planning process. Make sure those are align and in-sync with your interests.
If you are interested in learning more about Strategic Planning, please see more resources in the Knowledge Hub.