How to Set Strategic Priorities as Part of Your Strategic Planning Process

This video walks you through the best practices for identifying and setting #StrategicPriorities for your organization. Before jumping into strategic priorities, it's important to understand the purpose of the #StrategicPlanningProcess is to help you to focus on what will have the most impact and value for your organization moving forward, to plan for the future, to give your team a sense of purpose and direction, and to make sure that your people are moving in the same direction so that you can achieve #TeamAlignment. Strategic priorities are about choices. These priorities will be key areas of focus for a set period of time. Rather than splitting your focus in multiple directions, strategic priorities allow you and your team to spend your resources (time, money & people) on initiatives that will move the dial forward on your organization's strategy. ► Subscribe to our channel for weekly videos on strategy & leadership:    / @smestrategyinc   00:00 intro 0:19 why do strategic planning? 2:25 what are strategic priorities? 4:10 our Aligned Strategy Development process 6:30 SWOT analysis & trends 12:41 how to determine the best strategic priorities 15:00 questions we ask 19:30 prioritization 21:57 tracking and measurement 25:40 balanced scorecard 27:50 SMART goal examples 29:10 KPIs 32:40 important risk to avoid 35:22 communicating your strategic plan 37:07 summary // Connect with us: ► Contact us: https://www.smestrategy.net/contact ► Connect with Anthony on LinkedIn:   / anthonyctaylor604   // About SME STRATEGY CONSULTING: SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster. ► Check out our Strategy & Leadership Podcast: https://open.spotify.com/show/4yND4JK... ► Work with us: Are you looking for someone to facilitate your strategic planning process? https://www.smestrategy.net/strategic... ► Check out our online course on how to successfully lead your next strategic planning process: https://courses.smestrategy.net/cours...