Strategic Planning & Balance Scorecard
Strategic planning will develop the direction and establish the driving forces that propel your organization toward achieving its mission. Additionally, strategic planning will serve by prioritizing organizational tasks that are critical to success. Romanyk Consulting Corp. (RCC) works with each of our clients, as a partnership, to confirm desired strategic direction, address driving forces impacting this direction, as well as identify success factors that are decisive in realizing your plan. Yet, a plan without implementation and accountability is just that. Our team understands that strategic planning is not an activity, but a process. This process, to be successful, needs to become a part of everyday operations and ingrained in the organization as a way of conducting business.
Your organizations strategic plan must become a part of the mind-set of your most important resource, your people. RCC creates value for our clients and makes their strategic plan a reality by:
- Assigning specific goals
- Creating clear objectives
- Empowering employees
- Maintaining accountability
- Following up
Several tools are used by our team within strategic planning efforts to add value for our clients, including workshops, interviews, as well as SWOT (strengths, weaknesses, opportunities, and threats) analyses to name a few. One crucial tool within the process is the balance scorecard. The balance scorecard is a graphical representation of your strategic plan indicating important forces that impact or interact with each other. It provides indicators that allow everyone a quick understanding of the current situation of your organization on a monthly basis, both internally and externally.
RCC is well trained and highly successful at teaming up with clientele to realize goals and address strategic planning needs. Strategic planning has its foundation in an organizations current situation and involves team thinking to generate where the organization envisions its future.