Strategic Planning for Divisions and Departments

The Problem

This financial services company required development of strategic business plans from various divisions and departments to achieve corporate goals:

• Industry expertise was strong in the Consumer and Commercial Lending Departments and the Financial Markets Division, but knowledge of the planning process was lacking

• A skilled and independent facilitator was needed to bring consensus in how to reach the aggressive corporate goals

The Solution

Carolyn Picciotti facilitated department and division planning discussions by:

• Conducting planning sessions for each group

• Drawing the industry knowledge from the participants

• Facilitating buy-in to the strategies and tactics needed to achieve the required growth

• Documenting the plans for these two key areas of the company

• Establishing the process for measuring and reporting status of planned strategies and tactics

The Result

• Clear goals, strategies and tactics were developed, documented and approved

• Buy-in from staff was achieved, maximizing the likelihood of success

• Energy of management was focused on leading employees to achieve the targeted growth

Next Planning Process