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Government Partners, LLC provides all aspects of Procurement Consulting for companies in all phases of growth. Our model includes working as part of your team, as close as you would like...

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2009-10-17 Administrator GP Blog Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats ), PEST analysis (Political, Economic, Social, and Technological), STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors), and EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal). Strategic planning is the formal consideration of an organization's future course. All strategic planning deals with at least one of three key questions: "What do we do?" "For whom do we do it?" "How do we excel?" In business strategic planning, some authors phrase the third question as "How can we beat or avoid competition?". But this approach is more about defeating competitors than about excelling. In many organizations, this is viewed as a process for determining where an organization is going over the next year or - more typically - 3 to 5 years (long term), although some extend their vision to 20 years. In order to determine where it is going, the organization needs to know exactly where it stands, then determine where it wants to go and how it will get there. The resulting document is called the "strategic plan."It is also true that strategic planning may be a tool for effectively plotting the direction of a company; however, strategic planning itself cannot foretell exactly how the market will evolve and what issues will surface in the coming days in order to plan your organizational strategy. Therefore, strategic innovation and tinkering with the 'strategic plan' have to be a cornerstone strategy for an organization to survive the turbulent business climate.

Strategic Planning

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allo...

2009-10-17 Administrator GP Blog

Market Intelligence

Market Intelligence (MI) is the information relevant to a company's markets, gathered and analyzed specifically for the ...

2009-10-17 Administrator GP Blog

Procurement Consulting

Strategic procurement is the development of a true partnership between a company and a supplier of strategic value. The ...

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