STRATEGIC REFRESH

What is a strategic refresh

A strategic refresh is a point-in-time opportunity for executive and senior leadership teams to strategically revisit the where the organisation is now, where it wants to be, the head and tail winds, and what action needs to be prioritised over the short, medium and long-range to get there.

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Why is a strategic refresh important?

The Australian Institute of Company Directors state "every organisation exists to fulfill a fundamental purpose, embodied in its vision, mission, values and goals.

 

Organisational strategy involves clarifying this core purpose and determining how the organisation will achieve its goals in light of internal capabilities and external market forces."

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Strategy and Performance Australia Strategic Refresh services:

• Facilitate the review and refresh your organisation's:

  • Purpose

  • Vision

  • Values

  • Strategic intent

  • Strategic opportunities and risks

  • Strategic courses of action 

  • Enterprise performance

or we can discuss solutions to meet your unique needs.​​​​​​​

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Bringing your people on the journey of strategy and performance

​By setting being clear about your purpose, vision for success, and operating values you're setting up your organisation for success. 

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Pairing the strategic refresh with the annual 12-month mission will give you and your people the direction and momentum to fulfil your vision and purpose. ​ It turns abstract goals into measurable outcomes, allowing for strategic adjustments in the future and ensuring efficient resource allocation. 

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For high-performing organisations this process can include level 3 and 4 senior leaders contributing their domain-specific strategic expertise into the process, improving the quality of the strategy and creating ownership and buy-in for implementing the strategy. 

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By request it can also include socialisation of the strategy with the broader organisation, and in some cases community feedback where it is desired or required.

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Benefits of the strategic refresh:

• Helps your organisation understand the changing strategic context, risks and opportunities

• Timlely review of the mission, values and goals

• Ensures collaboration for setting strategic priorities and decision making

• Supports management execution

• Fosters innovative solution development

• Gives strategic meaning to performance measurement and reporting​​​​​​​​​​​​​​​​​​​​​​​​