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2007 Annual Conference
Strategic Planning: Lessons from Practice
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Session Abstract
James R. McCarthy, M.S., C.P.C.
Senior Consultant
Wolf Management Consultants
It may surprise you to learn that you witnessed the birth of a powerful
business process Prometheus - on global television. It was the evening of
January 16,1991 when the launch of the first hyper-war was broadcast live on
CNN. Developed at warp-speed and designed for overwhelming victory, the Desert
Storm air campaign lit up the skies of Baghdad and changed strategic thinking
forever. This breakthrough concept has been applied to another kind of intense
competition: the fast changing world of 21st century business.
The Prometheus Process allows you to create and execute a uniquely
encompassing strategy - one that carries you from concept to end game. It helps
you choose the right things - your internal and external centers of gravity -
against which to put your energy. It shows you why the normal serial approach to
business has such a low probability of success; it provides you with concepts
and tools to move to parallel operations, with their high probabilities of
success and accompanying low risk. Finally, it shows you how to recognize and
deal with the inevitable points of diminishing return in your business
concepts.
The Elements of Strategy
At its most basic level, strategy has four simple components: Where, What,
How, and Finish. In the Prometheus Process, each of these elements is addressed
by an "Imperative":
I: Design the Future
The first step in strategic thinking is to identify the future that you want
to create...your Future Picture. It is a very firm, objective, measurable
picture of the future you want to create. Accompanying it are Strategic Measures
of Merit.
II: Target for Success
There are a very large number of things against which one can apply limited
resources. You know intuitively that some of those things will have much higher
impact than others. The business that targets the right things, the Centers of
Gravity, will be far more effective, at a much lower cost, than those who have
no disciplined way to choose and affect targets.
III: Campaign to Win
With the Future Picture standing before everyone as a clear beacon to guide
actions, you begin to attack the Centers of Gravity previously identified. You
do this with whatever resources are available to you... in Parallel, which means
to affect them all in a very compressed time frame. Compressed, Parallel
Operations have far higher probabilities of success than do stretched-out serial
operations, and paradoxically cost much less.
IV: Finish with Finesse
Every business cycle and product has a beginning and an end. Even though we
know this to be the case, very few business owners, or organizations, plan for
the back side of the inevitable cycle.
Prometheus Process Differentiators
Unlike most strategic planning methodologies, the Prometheus Process provides a
means for start to finish strategic planning and execution: Objective
Descriptions of your Desired Future with Strategic Measures of Merit; a Systems
Approach to find Centers of Gravity in your business and in its markets;
Flexible Organization; Open Planning; Rapid System Change, and preparation of
End Game Plans. This presentation will include examples of the process in action
as it evolved from military to business use.
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