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Ted Fick: What Goes into Strategic Planning?

· Ted Fick

Ted Fick is an accomplished senior executive well-versed in the value of strategic planning—a process essential not only to turning an organization around, but also to achieving the heightened efficiency, productivity and profitability needed to ensure a sharp competitive edge for years to come.

A C-suite management professional for most of his career, Ted Fick also understands the care and detail that go into architecting such a plan—particularly as it likely will serve as the foundation on which the company operates, innovates and grows for the foreseeable future.

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Internal and External Research

Strategic planning begins with extensive research into not only the status quo, but also and surrounding marketplace.

Visioning and Alignment

A common vision and goals must be established to guide and support the rest of the process.

Detailed Planning

Planning the details, the “what” and the “how,” is key to moving the organization forward.

Management

Management teams must be established and in place to ensure the strategic plan is carried through effectively.