Strategic Planning, Execution, and Measurement (SPEM) A Powerful Tool for CEOs

Strategic Planning: A Tool for Reaching World-Class Status
Defining World-Class Status
Gaining World-Class Status
Benefits of Strategic Planning
Fundamental Factors Defining Scope of Strategic Planning
     Institutionalization of Vision and Mission
     Example 1.1: Indian Automobile Company
     Other Important Factors: Business Model, Core Competence, and Value Chain
          Business Model and Return on Investment
          Core Competence
          Value Chain
Example 1.2: A Company and B Company
Example 1.3: ABC Company

Prerequisites of Strategic Planning: Inquiry and Status Evaluation
Prerequisite 1: Examining Performances, Perspectives, and Aspirations
     Part A: General Inquiry
     Part B: Business Development Inquiry
     Part C: Strategic Cost Management Inquiry
     Part D: Operations Management Inquiry
     Part E: Employee Productivity Inquiry
     Part F: Resource Management Inquiry
Prerequisite 2: Status Evaluation
     Versatile Corporate Evaluation

Strategic Plan: Components, Preparation, Review, and Recommendation
Structure and Components
Duration
Format
     Strategy for Performance Areas
     Hurdle Management
     Cost–Benefit Analysis (CBA)
     Schedule for Execution
     Crisis Management and Exit Route
Execution and Impact Routes
     Execution Route
     Impact Route
Preparation
Implementation
Review and Recommendations for Improvisation
Generic Strategies for Five Performance Areas

Monitoring Parameters for Strategy Execution and Impact Measurement
Need for Monitoring
Periodicity of Monitoring
Monitoring Process
Monitoring Parameters
     Business Growth and Expansion Monitoring Tools
     Strategic Cost Management Monitoring Tools
     Operations, Logistics, and Technology Management Monitoring Tools
     Employee Development and Satisfaction Monitoring Tools
     Resource Management Monitoring Tools

Measurement of Strategy Execution and Financial Monitoring
Pyramid Movement of ROI for Strategy Execution
Financial Impacts of Strategy Execution
     Financial Monitoring
     Common Characteristics of Financial Parameter Tables
     Level 1: Systemic Employees
     Level 2: Knowledge Employees
     Level 3: Decision-Making Employees
     Level 4: Entrepreneurial Employees

Entrepreneurial Score Card: A Tool for Improving Impacts of Strategic Planning and Execution
Need for Entrepreneurial Score Card (ESC)
Ten Characteristics of Entrepreneurial Employees
Entrepreneurial Behavior Questionnaire
Classification of Employees Based on Competencies, Roles, and Empowerment Levels
     ESCs for All Employees
ESCs for Four Employee Categories
     Sales and Marketing Employees
     Production or Operations Employees
     Purchasing Employees
     Finance and Accounts Employees
     Human Resource (HR) Employees
     Research and Development Employees
Entrepreneurial Rewards
Knowledge Management for Entrepreneurial Competencies
     Objectives
     Key Components
          Methods of Identifying Knowledge Requirements
          Knowledge Sources
          Knowledge Classification and Storage
          Knowledge Evaluation for Potential Use
          Knowledge Sharing
          Knowledge Application
          Knowledge Sharing Mechanisms
          Employee Feedback
     Management Appraisal
Promotion of Knowledge Management Efforts

Comprehensive Case Study
Background and Recent Performance
     SWOT Analysis
Strategic Plan: Strategies for Five Performance Areas
Measuring Financial Impact of Plan on Company Performance
     Budgeted Performance and Result Indicators for the Year 2013–2014
Execution Route, Time and Resource Mapping, and Impact Route

Index

Biography

Girish P. Jakhotiya