16 Steps of Strategic Planning

Strategic Planning needs to be a process if you wish to maximize your return on your investment of resources (time and money) dedicated to planning.  By clicking on the boxes on the right, you can see the HWL 16 Steps of Successful Strategic Planning.

By reviewing the 16 Steps of Strategic Planning, you will be able to sample some of the questions that we believe are important when creating plans for your business.

Remember, by asking the right questions of the right people, you will get the right answers.

 

How the Program Works

The concept is simple, of course! Once you agree to participate in a Practice Growth Program, you become involved in a process that incorporates all the key success elements.

The process is a monthly rolling commitment with a minimum notice period required. Our standard is six months, as this offers a level of commitment from both you to the practice and the practice to the process.

We structure a package to suit the following:

• What your practice can afford
  
• What your practice wants and needs

Typically a Complete Practice Growth Program is made up of:

• A strategic planning session
  
• Quarterly review meetings
  
• A Strategic Planning Forward Plus session on the first anniversary
  
• Ongoing telephone support

When we have agreed to the structure of your program, we present you with a program roadmap that lists dates for all future meetings and support calls complete with agendas for each meeting or call.

 

Your Practice Growth Plan

Every Practice Growth Program focuses on exploring where you, your partners and your business are now, where you want to go and how you might get there.

Plans are facilitation-focused, rather than consultancy-focused. At HWL, we recognize that you know your practice best - and that it is our role, through facilitation, to help you to articulate its challenges and opportunities, and to define the actions needed to achieve your objectives. It is not our role to try to impose any pre-conceived solutions on you. Our approach is to help you succeed, while ensuring that you stay in control.

Every Practice Growth Program is structured to ensure that we can help you develop your business the way you want. Our growth-centered methodologies are proven to help firms that want to be progressive and achieve success, by underpinning the facilitated planning processes with detailed and comprehensive objective-driven action plans.

These plans are then supported by coaching and review, to stretch and challenge the partners to ensure full implementation.

It's individual because it must start with the individual partners' objectives and the gaining of complete practice buy-in. It's facilitated because that is the ideal medium through which to reach consensus and alignment and it's structured to ensure you maintain momentum and stay on track.

Your Growth Program

HWL Practice Growth Programs provide an individual, facilitated and structured approach to the enhancement of your firm's performance in five fundamental areas.

• Strategic development
  
• Growth planning
  
• Profit performance
  
• Risk management
  
• People engagement
  

 

 

Personal Success

The HWL Personal Program is designed to allow business services professionals to plan for a successful future, in a simple and structured way. Using the tools developed by HWL, the world's leading facilitation and products company, we will facilitate your personal success and skill plans through a rolling development process to suit your needs.

Every Personal Success Program is structured to  help you to develop your career and life the way you want. Our success-centered methodologies are proven to help people by underpinning the facilitated planning processes with detailed and comprehensive objective-driven actions. These plans are then supported by coaching and review, to stretch and challenge you to ensure action follow.

We'll walk you through the process and support and coach you every step of the way using simple one-step at a time approaches to help you achieve what it is you want and need.

 

 

 

Succession Planning

A recent report published by the Canadian Federation of Independent Business reports that approximately two-thirds of Canadian business owners plan to exit their businesses within ten years.  As accountant statistics for North America tend to mirror the owner managed business statistics, it is safe to say that a large percentage of accounting professionals are contemplating retirement.

Maximizing the capital value of your business

By focusing on the key factors affecting your business value which include product differentiation, your business model and marketing strategies, the strength of your brand, people engagement, risk management and of course profitability. We include strategic planning and development, succession and reward planning, risk management and people and culture planning to help you build the capital value of your business.

Succession Planning provides an individual facilitated and structured approach to greater rewards for you in four key areas. These areas are; maximizing the capital value of your business for sale and planning for succession or retirement, improving business profitability, strategically planning for increased personal wealth and planning for personal fulfillment and stimulation.