Enabling Decision-Making and Action: Adaptive Strategic Planning
July 15, 2019In a rapidly changing environment, traditional strategic plans often fail—they are not flexible enough to adapt to dynamic change. The traditional approach to planning operates in stages, such as quarterly and annual reviews, and does not allow for iterations. With rapid and continual change, it can be challenging or even impossible to create a strategic plan that remains relevant.
Our LMI team overcame this challenge for a federal government customer who was experiencing constant change in organizational structure, leadership, and goals. To help this agency solve these challenges, LMI offered an approach to withstand the speed of change—adaptive strategic planning—a continuous process that applies vision development, strategic planning, and operational planning to create strategies for success in dynamic environments. An adaptive strategic plan enables organizations to understand their value to stakeholders, desired future state, and overall environment.
Before embarking on the adaptive planning model, organizations and leaders should create a value proposition to communicate both internally and externally. The value proposition should be compelling and describe the value an organization brings to its stakeholders, which aids in decision-making. In addition, any plan must have an end goal. Indicators of success help groups focus on what they are working toward and know they are on track to meet their goals. LMI’s adaptive strategic planning model offers four steps that enable decision-making and actions.
In traditional strategic planning, lower-level managers are required only to know their role and defend it. In contrast, with the adaptive model, all leaders and managers understand the larger strategy and value proposition that connects their role and their organization’s mission. Because adaptive planning is collaborative and continuous, discussions are held at all levels of leadership regarding ongoing efforts and ideas for future innovative activities. Adaptability requires organizations to hold monthly retrospectives. Through frequent face-to-face meeting, organizations increase collaboration and motivation among leaders and team members. Adaptive strategic planning creates a culture focused around innovation.
Through continuous iteration, small failures are corrected quickly, leading to more positive outcomes and unique solutions. Our customer now operates through a flexible model and has greater ongoing insight into the progress and performance of strategies. Using LMI’s adaptive strategic planning model, federal agencies become more efficient as they respond quickly to emerging environments, enhancing risk mitigation and enabling adaptable action plans.