Strategy Management
Maturity Measures
Documentation
1
No formal documentation; strategies are ad-hoc and inconsistent.
2
Basic documentation of high-level business goals and objectives.
3
Comprehensive documentation including detailed strategic plans, objectives, and performance indicators.
4
Documentation is continuously reviewed and updated based on market trends and performance data.
5
Dynamic documentation system integrated with real-time analytics for adaptive strategic planning.
Tools and Automation
1
Limited use of tools; strategy development is manual and sporadic.
2
Basic tools such as spreadsheets and presentation software for strategy analysis.
3
Integrated strategy management tools with features for scenario planning, performance tracking, and risk assessment.
4
Advanced tools with predictive analytics capabilities for strategic decision-making and simulation modelling.
5
AI-driven strategy platforms that provide real-time insights and automated strategic recommendations.
Process Integration
1
Strategy development is isolated and not integrated with other business processes.
2
Basic alignment of strategy with business planning and budgeting processes.
3
Well-defined processes for strategic planning integrated across all business units and functions.
4
Strategy processes are fully aligned with business operations, risk management, and performance management.
5
Seamless integration of strategy management with business operations and enterprise-wide governance frameworks.
Training and Awareness
1
Minimal training provided on strategic planning principles and methodologies.
2
Basic training for senior management on strategy development and implementation.
3
Regular training sessions on advanced strategic analysis techniques, strategic thinking, and alignment.
4
Comprehensive training programs including executive education and strategic leadership development.
5
Continuous learning culture with emphasis on strategic agility, innovation, and change management.
Performance Measurement
1
No formal metrics for evaluating the effectiveness of strategy development and execution.
2
Basic metrics such as achievement of financial targets and market share.
3
Detailed KPIs tracking strategic objectives, progress against targets, and alignment with business outcomes.
4
Comprehensive performance management integrating qualitative and quantitative data for strategic decision-making.
5
Real-time, predictive analytics to refine strategy execution and adapt to changing market conditions.
Stakeholder Communication
1
Limited communication about the strategic direction and its implications.
2
Periodic updates to stakeholders on strategic goals and progress.
3
Regular, structured communication protocols for engaging stakeholders in strategy development and implementation.
4
Proactive communication strategies that foster collaboration and alignment among stakeholders at all levels.
5
Optimized communication using real-time updates and interactive platforms for stakeholder engagement and strategic dialogue.
Continuous Improvement
1
No systematic process for improving strategic planning and execution practices.
2
Reactive adjustments based on performance gaps or market changes.
3
Formal review and improvement processes based on performance data and strategic insights.
4
Managed improvement cycles informed by strategic foresight, market analysis, and organizational learning.
5
Culture of proactive optimization and continuous adaptation in strategic management practices, leveraging advanced analytics and strategic innovation.