St Strategic gic Planni anning Revie view Thursday, October - - PowerPoint PPT Presentation

St Strategic gic Planni anning

Revie view

Thursday, October 13th, 2016

Cl Clari rity y … Co Consi sistency … Co Commitment

Alignme gnment nt

4

Performance Management System

Essential Elements of a Strategic Plan

Long term Goals

Performance Measures Accountability Strategic Initiatives

Balanced Scorecard

Basis for Performance Goals

Financial Success Public Value & Benefit Internal Process Internal Capacity Customer Focus

5

Balanced Scorecard

Long term Goals Basis for Performance Goals

Financial Success Public Value & Benefit Internal Process Internal Capacity Customer Focus

Financial Success Customer Service Value and Benefit Internal Processes Internal Capacity - People Balanced Scorecard

Management Decisions

• High Performing

Organization

• Sustained Results
• Financial Stability
• Stakeholder Trust

RESULTS

Mis issio ion

LT Goal: l: Pe People LT G Goal: l: Proc

• cess

ss LT G Goal: l: Custo tome mer LT G T Goal al:

: Value B Benefit

LT G Goal: l: Financi cial

LT Measure LT LT Measu easure LT LT Measu easure LT LT Measu easure LT LT Measu easure LT LT Measu easure LT LT Measu easure LT LT Measu easure LT LT Measu easure LT LT Measu easure

Initiatives Initiatives Initiatives Initiatives Initiatives Initiatives Initiatives Initiatives Initiatives Initiatives

Ali lignment In Integ egrat ation

Balanc lanced S Scoreca recard rd

Vis ision ion

Balanc lanced S Scoreca recard rd

VISION ON

CURRE CURRENT NT STA TATE

Initiatives es Initiatives es Initiatives es Initiatives es

Yr Yr 1 Yr Yr 2 Yr Yr 1 Yr Yr 3 Yr Yr 2 Yr Yr 1 Yr Yr 4 Yr Yr 3 Yr Yr 2 Yr Yr 1

Strategic

Planning Process

Input Data

Performance Measures Vision, Mission & Values SWOT Initiatives Self Assessment Data

Implementation of strategic initiatives Data Collection Data Analysis Annual Strategic Planning Session Recalibrate Using Supporting Data Monthly/Quarterly

• Mgmt. Review

Management Review Cycle

Long Term Goals

Flywheel

It It Is A Is All A ll Abo bout L Lear arning

Use the Scorecard to learn:

• How effective your strategies are
• If you are achieving your goals
• Ask questions – no excuses or blaming
• Understand your performance
• Identify areas for process improvement
• Keep focus on future

Example

Entomology

• Thursday, August 4th, 2016 (Carol Black, David Crowder, Laura Lavine,

Jeb Owen, Steve Sheppard, Rich Zack, David James, Doug Walsh, Betsy Beers, Vince Jones, Catherine Daniels, John Stark, Vince Herbert, Allan Felsot, Rose Zhu, Bev Gerdeman, Adam Williams )

– Vision – Mission – Values – Long Term Goals – Long Term Performance Measures

• Friday, September 14th, 2016 (Steve Sheppard, Allan Felsot, Rose

Zhu, Bev Gerdeman, Adam Williams, Paul Nabity, Bill Snyder, Jeb Owen )

– Strategic Initiatives (Actions taken to achieve goals)

12

Wh What’s Next? Next?

A

D L I

Method Methodol

• log
• gy

Approach (Plan), Deployment (Do), Learning (Check), Integration (Act)

A

D L I

Ty Typi pical F l Follo llow-up

• Initiative leads will create an IPW, gather

team members and schedule updates

• Joint Meeting with all Leads (30 days)
• At the Annual strategic planning retreat,

you will be asked to report on status (completed (SOP), on-going, or new option)

Que Questions stions

WSU Leadership

Campuses Extensions Subsidiaries Branch Offices Research Facilities

Integration Alignment