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Strategic planning

A solid strategic planning process delivers valid planning content, applies relevant methodologies, integrates the individual planning steps and tracks implementation. Drawing on our project experience, we have developed a benchmark process for strategic planning that satisfies all these requirements.

In brief

The strategic planning process – a success factor for sustainable corporate development

Strategic decisions prepare the ground for long-term growth that creates value. Top managers accordingly see such decisions as one of their top priorities. Corporate strategy defines the company's vision, sets targets for the long term and outlines the nature and scope of its business. Effective strategies can give a company a decisive competitive edge.

Review your strategic planning process

Existing strategic planning practices often involve inadequate quantitative frameworks; and they fail to state the specific actions that must be taken. Worse still, they frequently do nothing at all to inject innovation into the business system.
There is of course no such thing as the right process for strategic planning. Many existing planning processes do, however, clearly contain avoidable weaknesses. Our crossindustry study of this issue revealed the seven strategic planning pitfalls and a benchmark strategic planning process that are outlined.

Pitfalls in the strategic planning process

  • How effective is your early warning system?
  • Do you pay sufficient attention to what your competitors are doing?
  • Do you underpin your strategic alternatives with quantitative data?
  • Is value-based management established firmly enough?
  • Is your strategic planning linked to your medium-term and operational planning?
  • How effective is your strategy implementation tracking system?
  • Are your people sufficiently well informed? Have you secured their active commitment?

A solid strategic planning process delivers valid planning content, applies relevant methodologies, integrates the individual planning steps and tracks implementation. Drawing on our project experience, we have developed a benchmark process for strategic planning that satisfies all these requirements.

 
Benchmarking process for strategic planning
 

Our experts

Stéphane Albernhe

Partner

Paris, France
Phone: +33 1 53670-377
E-mail: e-mail

 
Sebastien Amichi

Principal

Paris, France
Phone: +33 1 70394-282
E-mail: e-mail

 
Georgy Babilashvili

Principal

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Andreas Bauer

Partner and Head of Consumer Goods & Retail

Munich, Germany
Phone: +49 89 9230-8316
E-mail: e-mail

 

Principal

Paris, France
Phone: +33 1 53670-384
E-mail: e-mail

 
Antonio Benecchi

Partner

Detroit, USA
Phone: +1 248 729-5000
E-mail: e-mail

 
António Bernardo

Partner and Deputy Chief Executive Officer

Lisbon, Portugal
Phone: +351 21 3567-601
E-mail: e-mail

 
Razmig Boladian

Principal

Manama, Bahrain
Phone: +973 17 567-952
E-mail: e-mail

 

Principal

Munich, Germany
Phone: +49 89 9230-8790
E-mail: e-mail

 
Charles-Edouard Bouée

Partner

Paris, France
Phone: +33 1 53670-965
E-mail: e-mail

 
Johannes Börner

Partner

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Sébastien Cailliau

Principal

Paris, France
Phone: +33 1 53670-323
E-mail: e-mail

 
Maxime Charbonnel

Principal

Milan, Italy
Phone: +39 02 29501-227
E-mail: e-mail

 
Roberto Crapelli

Partner and Managing Director

Milan, Italy
Phone: +39 02 29501-257
E-mail: e-mail

 
Albrecht Crux

Partner

Munich, Germany
Phone: +49 89 9230-8208
E-mail: e-mail

 
Rodrigo Dantas e Silva

Partner

São Paulo, Brazil
Phone: +55 11 3046-7111
E-mail: e-mail

 
Jie-Jason Ding

Partner

Beijing, China
Phone: +86 10 84400088 - 688
E-mail: e-mail

 
Benno van Dongen

Partner

Amsterdam, Netherlands
Phone: +31 20 7960-630
E-mail: e-mail

 
Marcin Dumania

Partner

Warsaw, Poland
Phone: +48 22 32374-60
E-mail: e-mail

 
Martin Eisenhut

Partner

Munich, Germany
Phone: +49 89 9230-8262
E-mail: e-mail

 
Isao Endo

Partner and member of the Supervisory Board

Tokyo, Japan
Phone: +81 3 358 76-660
E-mail: e-mail

 
Roland Falb

Managing Partner

Vienna, Austria
Phone: +43 1 53602-201
E-mail: e-mail

 
Antonio Farinha

Partner

São Paulo, Brazil
Phone: +55 11 3046-7111
E-mail: e-mail

 
Boris Firsov

Partner

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Mariano Frey

Partner and President

Milan, Italy
Phone: +39 02 295 01-230
E-mail: e-mail

 
Dominique Gautier

Partner

Paris, France
Phone: +33 1 53670-341
E-mail: e-mail

 
Nikolay Grachev

Principal

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Alexei Grigoriev

Principal

Moscow, Russia
Phone: +7 495 72119-52
E-mail: e-mail

 
Manfred Hader

Partner

Hamburg, Germany
Phone: +49 40 37631-4327
E-mail: e-mail

 
Hideyuki Hashimoto

Partner

Tokyo, Japan
Phone: +81 3 35876-660
E-mail: e-mail

 
Carsten Henkel

Partner

Zurich, Switzerland
Phone: +41 44 38481-70
E-mail: e-mail

 
Jochen Hiemeyer

Partner

Munich, Germany
Phone: +49 89 9230-8858
E-mail: e-mail

 
Takashi Hirai

Partner

Tokyo, Japan
Phone: +81 3 35876-660
E-mail: e-mail

 

Principal

Shanghai, China
Phone: +86 21 52986677- 809
E-mail: e-mail

 
Fabrice Kahn

Partner

Paris, France
Phone: +33 1 53670-324
E-mail: e-mail

 
Masugi Kaminaga

Partner

Tokyo, Japan
Phone: +81 3 35876-660
E-mail: e-mail

 

Principal

Berlin, Germany
Phone: +49 30 39927-3493
E-mail: e-mail

 
Takayuki Kito

Partner

Tokyo, Japan
Phone: +81 3 358 76-660
E-mail: e-mail

 
Thomas Knecht

Partner

Munich, Germany
Phone: +49 89 9230-8959
E-mail: e-mail

 
Uwe Kumm

Partner

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Thomas Kunze

Partner

São Paulo, Brazil
Phone: +55 11 3046-7111
E-mail: e-mail

 
Nadezhda Larina

Principal

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Watson Liu

Partner

Beijing, China
Phone: +86 10 84400088-618
E-mail: e-mail

 

Partner

London, United Kingdom
Phone: +44 20 30751-118
E-mail: e-mail

 
Patrick Mannsperger

Partner

Munich, Germany
Phone: +49 89 9230-8798
E-mail: e-mail

 
Andrea Marinoni

Principal

Milan, Italy
Phone: +39 02 29501-291
E-mail: e-mail

 

Principal

Duesseldorf, Germany
Phone: +49 211 4389-0
E-mail: e-mail

 
Paolo Massardi

Principal

Milan, Italy
Phone: +39 02 29501-230
E-mail: e-mail

 
Björn Maul

Partner

Zurich, Switzerland
Phone: +41 44 38481-68
E-mail: e-mail

 
Vincent Mercier

Partner and Member of the Executive Committee

Paris, France
Phone: +33 1 53670-326
E-mail: e-mail

 
Hauke Moje

Partner

Hamburg, Germany
Phone: +49 40 37631-4310
E-mail: e-mail

 
Beatrix Morath

Partner

Zurich, Switzerland
Phone: +41 44 38481-42
E-mail: e-mail

 
Ken Mori

Partner

Tokyo, Japan
Phone: +81 3 35876-660
E-mail: e-mail

 
Satoshi Nagashima

Partner

Tokyo, Japan
Phone: +81 3 35876-660
E-mail: e-mail

 

Principal

Lisbon, Portugal
Phone: +351 21 356 7-606
E-mail: e-mail

 
Victor Perez

Partner

Madrid, Spain
Phone: +34 91 5647361
E-mail: e-mail

 

Principal

Manama, Bahrain
Phone: +973 17 567-976
E-mail: e-mail

 
Philippe Plouvier

Partner

Paris, France
Phone: +33 1 53670-935
E-mail: e-mail

 
Jürgen Reers

Partner

Detroit, USA
Phone: +1 248 729-5000
E-mail: e-mail

 
Dirk Reiter

Partner and Member of the Executive Committee

Munich, Germany
Phone: +49 89 9230-8138
E-mail: e-mail

 
Carsten Rossbach

Partner

Frankfurt, Germany
Phone: +49 69 29924-6318
E-mail: e-mail

 
Olga Sagirova

Partner

Moscow, Russia
Phone: +7 495 72119-51
E-mail: e-mail

 
Regina Schmidt

Partner

Munich, Germany
Phone: +49 89 9230-8747
E-mail: e-mail

 
Burkhard Schwenker

Partner and Chief Executive Officer

Hamburg, Germany
Phone: +49 40 37631-4100
E-mail: e-mail

 
Andreas Schwilling

Partner

Munich, Germany
Phone: +49 89 9230-8364
E-mail: e-mail

 
René Seyger

Partner

Amsterdam, Netherlands
Phone: +31 20 7960-620
E-mail: e-mail

 
Martin Streichfuss

Partner

Duesseldorf, Germany
Phone: +49 211 4389-2193
E-mail: e-mail

 
Jörg Stäglich

Partner

Duesseldorf, Germany
Phone: +49 211 4389-2902
E-mail: e-mail

 
Nicolas Teisseyre

Partner

Paris, France
Phone: +33 1 53670-973
E-mail: e-mail

 
Robert Thomson

Partner

London, United Kingdom
Phone: +44 20 30751-120
E-mail: e-mail

 
Frederic Tiberghien

Partner

Brussels, Belgium
Phone: +32 2 66103-43
E-mail: e-mail

 
Erkut Uludag

Partner

Istanbul, Turkey
Phone: +90 212 3700066-0
E-mail: e-mail

 
Ricardo Wehrhahn

Partner

Madrid, Spain
Phone: +34 91 5647361
E-mail: e-mail

 
Christian Wessels

Partner

Frankfurt, Germany
Phone: +49 69 29924-6390
E-mail: e-mail

 
Michael Wette

Partner

Manama, Bahrain
Phone: +973 17 5679-51
E-mail: e-mail

 
Qi Wu

Partner

Beijing, China
Phone: +86 10 84400088-608
E-mail: e-mail

 

Further reading

Management between Strategy and Finance

Book (in German) by Burkhard Schwenker and Klaus Spremann, 2008

Companies' decision-making and planning systems find themselves in a constant tug of war between strategic and financial considerations. The authors analyze these two opposing currents in business thinking, dissecting their differences and identifying their best practices. …  >>

 
NEW GAME

Study, 2007

What do Caterpillar, Apple and the Süddeutsche Zeitung have in common? All three have successfully fought the dominating business trends and used their existing assets to penetrate new business sectors …  >>

 
Our approach strategic planning process

Brochure, 2005

Read more about our approach to a strategic planning process – a success factor for growth strategies …  (PDF, 355 KB)