Arete Partners SPP
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This document outlines Areté's strategic planning and business planning processes. It involves several steps: 1) conducting external and internal assessments to analyze the environment and set strategic directions, 2) developing strategies and plans at the group and business unit levels to address challenges, opportunities and goals, and 3) approving, integrating and deploying the strategic and business plans across functions for execution and monitoring. The process aims to translate strategies into concrete initiatives, budgets and KPIs through scenario planning and resource allocation.
Arete Partners SPP
- 1. ARETÉ STRATEGIC PLANNING PROCESS Current Strategies External Analysis (PEST) Internal Assessment GROUP DIRECTION AND ASSUMPTIONS SETTING CEO+1 Current Strategies External AnalysisInternal Assessment BU STRATEGY DEVELOPMENT Formulate Group Directives Determine Key Assumptions for Strategy Development Corporate Environment and Industry Trend Status of Corporate Strategic Initiatives Corporate Aspirations and Group Performance Assess Group and Industry Situations Strategy Evaluation & Prioritization Strategic Choice Strategic Analysis & Review Develop Strategic Alternatives Opportunities/ Threats Strengths/ Weaknesses VMV & BU’s Aspirations Stakeholders’ Input SWOT Alignment Define BU Strategic Challenges & BU Strategic Advantages Based on TOP Directives, Guidelines, Assumptions, Addressing Strategic Challenges & Strategic Advantages STRATEGIC PLAN APPROVAL Strategies Sharing CEO+2 Competitive & Regulatory Environment, Industry & Market Trend BU’s Status Quo, Core Competencies and Historic Performances Group Directives and Guidelines, Key Assumptions, from TTS Status of BU Strategic Initiatives Formalize Strategic Choices into S-T, L-T Strategic Objectives with Goals, Initiatives, Plans, and Time Horizons Strategic Plan Formulation Select Best Fits, Reaffirm Current Strategies and Craft New Strategies Porter’s 5 Forces Gap Analysis Cost Curve Game Theory REVALIDATE PLANNING PROCESS ARETÉ VISION ARETÉ MISSION ARETÉ VALUES Against: Suitability, Validity, Feasibility, Consistency, Vulnerability, Potential Rewards Strategy Refinement & Syndication STRATEGY PROMULGATION Challenge and Align BU Strategies Across BUs for Synergy, Support Functions Adapt Strategies to Align STRATEGY INTEGRATION MC CPC Board of Directors Review and Approve Group Strategic Plan, Further Refinement by COO if Warranted Review Strategic Planning Process Assess Effectiveness of Planning Process, Update and Implement Improvements if Needed Share BU Strategies & Reaffirm Alignment to Group Strategic Plan with Maximum Cross-BU Synergy HR Support Strategy Finance Support Strategy IT/KM Support Strategy CSR Support Strategy Corporate Support Strategy
- 2. ARETÉ BUSINESS PLANNING PROCESS Price/ Demand AssumptionsBusiness Planning Kickoff ASSUMPTIONS UPDATING AND SETTING Current Strategies External AnalysisInternal Assessment BU/BA BUSINESS PLAN DEVELOPMENT Update and Align All Stakeholders on Key Assumptions Strategy Evaluation & Prioritization Strategic Choice/ Thrusts Strategic Analysis & Review Develop Strategic Alternatives Opportunities/ Threats Strengths/ Weaknesses VMV & BU’s Aspirations Stakeholders’ Input SWOT Alignment Against: Suitability, Validity, Feasibility, Consistency, Vulnerability, Potential Rewards Define BU/BA Strategic Challenges & Strategic Advantages Based on CEO+1 Strategic Directions/ Initiatives, Assumptions, Addressing Strategic Challenges & Advantages Required Resources/Enablers Scenario Planning Update Scenario Assumptions, Prepare Financial Outlook, Budget and Resources Scenarios Market Trend, Customer Input, Competitive & Regulatory Environment BU/BA Achievements, Core Competencies, and Past Performances Status of BU/BA Strategic Initiatives Determine Required Resources for Initiatives/ Plans Fulfillment i.e. Financial, Workforce, Processes Business Plan Formulation Gap Analysis Cost Curve CEO+1 Strategic Directions/ Initiatives, Assumptions Financial Projection and Portfolio Capacity/ Investment Forecasting Risk Analysis Talent Review Capacity Forecasting Key Work Processes Review Performance and Risk Management Translate Strategic Thrusts into Initiatives/ Plans with Goals and Projections (Short and Longer Term) Reaffirm Current Strategies and Craft New Strategies, Translate Strategic Choices into Strategic Thrusts Plan Refinement & Syndication BUSINESS PLAN APPROVAL Challenge and Align BU Business Plans, Optimize Budgets, Finalize KPIs, Ensure Adequate Supports BUSINESS PLAN INTEGRATION MC CPC Business Plan Approval BORAD OF DIRECTORS Select and Set KPIs, Assess Risk Profile on All Business Plans Review Business Planning Process Assess Effectiveness of Planning Process, Update and Implement Improvements if Needed REVALIDATE PLANNING PROCESSSTRETEGY DEPLOYMENT Business Plan Deployment Review and Approve Business Plan, Budgets, KPIs Communicate and Align Business Plans with All Stakeholders, Execute Plans and Initiate Monitoring HR Support Plan Finance Support Plan IT/KM Support Plan CSR Support Plan Corporate Support Plan Develop a Set of Assumptions for Business Plan Scenarios