Construction Strategic Planning

Strategic project planning is the process of defining a company’s vision of where it wants to be in the future and defining the objectives needed to achieve that vision. Spire has experience in creating these strategies and developing the necessary structure and action plans to accomplish these objectives. Understanding how the capital construction program fits into this strategy and what will be required to deliver those projects is critical to the success of reaching that vision. 

Importance of Strategic Planning in Construction 

Strategic planning is vital to the success of a construction project or program. It provides the client with a future road map and enables proactive rather than reactive responses to problems and changes. Businesses in the AEC industry can gain a wide range of advantages by putting strategic planning initiatives into action: 

  • Team Alignment: A strategic plan aligns teams, which promotes better communication and teamwork.  
  • Growth Focus: It highlights opportunities for growth within the workflow, directing targeted growth.  
  • Progress tracking: Enables effective tracking of accomplishments and departures from objectives.  
  • Effective Project Management: Enhances workflows to guarantee more efficient project execution.  
  • Risk reduction: Planning and conducting proactive risk assessments lessen disruptions.  
  • Competitive Edge: Maintains businesses’ relevancy in a cutthroat industry. 
  • Resource Allocation: Allocating resources properly is essential to achieving strategic objectives. 

In essence, strategic planning gives construction companies a road map to success, improving coordination, spotting opportunities for expansion, and encouraging productive operations. 

Spire’s experts have the knowledge, expertise, and facilitation skills needed to work with you to understand your business, goals, and culture to develop a strategic plan for the capital program to move toward that vision. While visions may be lofty goals, it’s important to dedicate the planning and resources to make them happen. Too often companies develop these strategies without sufficient support to make them happen. Spire understands this issue and will work with you to be realistic in defining what will be needed to get there. Spire applies a strategic planning process that allows owners to identify their needs and generally involves the following steps: 

STRATEGIC PLANNING PROCESS 

  • Identification and definition of the purpose, vision, and mission Specific, Measurable, Achievable, Relevant, Time-based, Equitable, Results-based 
  • Determining external and internal priority issues: Opportunities, Threats, Strengths, and Weaknesses 
  • Risks: Implement risk-control measures at the corporate and worksite levels 
  • Outlining the required results: Mission and Objective Statements 
  • Assessing how to achieve the required goals: Strategic Alternatives 
  • Implementation: Action plans and delegated tasks 
  • Benchmarking: Measure and review your performance 
  • Spire’s experts will work with you through each step of this process to ensure you have a robust strategic plan to help your organization achieve its vision.