Pass the Popcorn…3 Models to Support Blockbuster Strategic Planning
Editor’s Note: Sg2 Principals Rebecca Limestall and Jeff Moser contributed to this post.
Summer blockbusters like Solo are having record weeks at the box office. Similarly, 2017 was a blockbuster year for M&As in health care, with a record 115 transactions, and 2018 shows no signs of slowing. Disney is making good on its investment in the Star Wars franchise, leveraging its merchandising acumen across both the new series and spin-off side stories like Solo. Health systems are also looking to leverage their recent M&A investments: Sg2 now regularly sees “leveraging scale” as a key initiative on our members’ strategic plans. This focus on efficiency and integration plays out in discussions of strategic service distribution to be sure, but it has also led to questions about the role and structure of strategic planning teams and the locus of control for making strategic decisions.
From our work with members, Sg2 sees 3 basic models: centralized, decentralized and the hybrid. As is often the case, the right model depends on where you are along the integration journey. For more details on each of these 3 strategic planning models, see the full Expert Insight. Not an Sg2 member? Contact us to learn more about how we can help you explore the future of strategic planning.
Tags: leveraging scale, role and structure of strategic planning teams, strategic planning process models