Business Planning

Critical Success Factors, High Impact Processes

 

Business Insurance Consultants, Insurance Management IT Consultants

 

Insurance professionals lead you through the planning process, from defining your direction through making a decision.

CTS uses a proprietary framework to develop a business plan for a client that can include:

► Mission
► Vision
► Principles, Values and Beliefs
► Strengths, Weaknesses, Opportunities and Threats (SWOT)
► Business Strategies
► Business Objectives with measures and targets
► Critical Success Factors with measures and targets
► High impact processes

The planning process takes 4 to 6 weeks in elapsed time and usually 2 to 3 days per week of CTS time.

The plan can be developed at the enterprise, business unit or department level.
 

CTS-Consulting's Involvement

• Preparation of interviews
• Scheduling with the Client
• Leading planning sessions
• Summarizing the sessions, preparing drafts of all items, summarizing meetings with the planning team

Client’s Involvement

• Identifying a project sponsor
• A project team member from each functional area
• Executive team to review and approve deliverables
• Interview session scheduling
• Review strategic objectives, CSFs, vision, key business and systems initiatives
• Aid in the creation of initiatives

Deliverables
Deliverables are developed based upon the engagement that can include:

• Mission Statement
• Values
• Vision
• Strategy Document
• SWOT Analysis
• Business Objectives with Measures and Targets
• Critical Success Factors with Measures and Targets
• High Impact Business Processes
• P&L Forecast, Net Present Value Analysis