How to Set Strategic Priorities as Part of Your Strategic Planning Process

This video walks you through the best practices for identifying and setting #StrategicPriorities for your organization. Before jumping into strategic priorities, it's important to understand the purpose of the #StrategicPlanningProcess is to help you to focus on what will have the most impact and value for your organization moving forward, to plan for the future, to give your team a sense of purpose and direction, and to make sure that your people are moving in the same direction so that you can achieve #TeamAlignment.
Strategic priorities are about choices. These priorities will be key areas of focus for a set period of time. Rather than splitting your focus in multiple directions, strategic priorities allow you and your team to spend your resources (time, money & people) on initiatives that will move the dial forward on your organization's strategy.
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00:00 intro
0:19 why do strategic planning?
2:25 what are strategic priorities?
4:10 our Aligned Strategy Development process
6:30 SWOT analysis & trends
12:41 how to determine the best strategic priorities
15:00 questions we ask
19:30 prioritization
21:57 tracking and measurement
25:40 balanced scorecard
27:50 SMART goal examples
29:10 KPIs
32:40 important risk to avoid
35:22 communicating your strategic plan
37:07 summary
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// About SME STRATEGY CONSULTING:
SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster.
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[@Eyeofthestorm812]

Thank you! So much to navigate and this is so helpful for our new business to help us get funding and grow.

[@sophiejay5111]

Such a great presentation, thank you!

[@kassayemekuriamindesyil8673]

Your presention is valuable.

[@marcingorka3527]

It helped a lot! Thanks for sharing! A lot :)

[@SMEStrategyINC]

You're so welcome. Glad it helped- Let me know if there's any other videos you want us to put out!