Partners in Change was hired to assist AMPAC with strategic planning for all their business units. One critical step was the investment strategy using the GE/McKinsey Matrix. We identified the Build, Hold and Harvest segments in each Business Unit.
As we know, structure follows strategy and the next step was creating new roles, Market Segment Managers, who would focus on building the Strategic Market segments identified in the plan.
AMPAC needed a consistent strategic marketing process for the segment managers to utilize. Darcy Bien, with Partners in Change, and David Bartish, the Marketing Director for Ampac, worked together to customize the Internal Strategic Planner (ISP) process for Ampac. Recently, we certified all three Market Segment Managers using the customized ISP training process (Check out our tool, ISP Certification Checklist, free to newsletter readers).
AMPAC was instrumental in listening and implementing the strategies needed to be successful. Here are a few of the initiatives that made a big difference:
- Marketing structure and support was added to drive strategy
- All market segment leaders were certified as Internal Strategic Planners
- Management went through the full strategy process and the company now has their priorities to achieve the growth they desire - connected to the company's vision framework and strategic direction
David Bartish, Marketing Director for AMPAC, describes his experience:
"Having gone through the process across all three of our divisions, we gathered both an internal assessment of our company's strengths and weaknesses and a roadmap for moving forward.
We have a much deeper understanding of our value proposition and the business segments that warrant our focus as well as those that do not. Most importantly, we have a strategic planning process that we can continue to employ. While there was significant work required from our leadership team, the end result is a strategic plan that we all believe and understand."
AMPAC has been experiencing amazing results in a short period of time. As with many processes, the moral of the story is: planning upfront builds a stronger foundation for success tomorrow!
Partners in Change can customize a strategic planning process for your company much like it did for AMPAC or you can choose to attend our public training sessions to learn more about running the process yourself.