Ever been in a strategic planning day that seems, anything but strategic?  We have a very practical and financial approach to strategic planning – the numbers have to add up. 

CashflowNAV and MarketNAV are used to focus the group very effectively. 

"Don's [BusinessNAV] ability to translate our needs, plan our programme and focus our group on how to achieve our goals exceeded my expectations"

Thomas Hegarty, Managing Director, Ready Flowers

The Process

1. Book session date – ensure all your management team are invited and attend
2. CEO/Owners are interviewed - confirm objectives of the day
3. You provide Financials - Last Year’s and Current Year’s Profit and Loss and Balance Sheet data + 2 year Budget Forecast (if available) prior to session
4. Conduct Planning Session – depending on the size and complexity of the business this takes 1 or 2 days

a.    Do CashflowNAV calculation on your business and 2 competitors
b.    Identify where you are leaking cash and set targets
c.    Identify how much cash you need to grow
d.    Identify long term actions to reach growth targets, including setting new CashflowNAV Factors and a MarketNAV marketing matrix
e.    If you are a subscriber to BusinessNAV you use the online Scenario Tool to forecast your Budget
f.     We provide a Strategic Plan Template (optional) – for managers to easily document outcomes from the session and track performance

You will identify who will co-ordinate the simple Plan documentation

Book next meeting for the review and signoff (if appropriate) of the Plan

The CEO/Owner is accountable for the Plan

We keep the Plan simple and measurable and therefore easy to implement by all in the business.  Everyone in management contributes to the content of the plan.

Testimonial

“It allows the team to easily understand the numbers and then drive improvement”

Rodney Coe, Managing Director, HSR Seeds