HP Hood Research & Development
Strategic Planning Workshop
What to Expect and How to Prepare
What We Aim to Accomplish
Why it matters:
We're defining a proactive, long-term product strategy to sustain and grow our market leadership. Historically, we've operated reactively; now, we need a deliberate, competitive approach.
The goals:
Identify opportunities: Pinpoint programs to enhance our five product categories and outpace competitors.
Plan for growth: Develop strategies to maintain and expand market share through innovation in taste, appearance, and overall consumer experience.
Strengthen our approach: Train the team to think strategically, not just follow instructions, fostering a culture of bold ideas and continuous improvement.
The big picture:
Success requires a forward-thinking, strategic approach. To stay competitive, we must shift from reactive improvements to deliberate, long-term planning that ensures our products lead in innovation, quality, and consumer appeal.
The bottom line:
This retreat is about building a proactive product strategy. By identifying opportunities, training the team to think differently, and focusing on innovation, we will solidify and grow our market leadership.
What To Expect
Experience: A series of exercises using small groups, post-it notes, and sharpies. We’ll be on our feet, moving about the room.
Dress: Wear comfortable clothes and shoes.
Note: This is an in-person-only event. No dial-in or video conference will be available.
Date & Time: February 18, 2025, 9:00 AM to 4:30 PM CST
Agenda:
Morning
9:00 AM - 9:30 AM: Welcome & Warm-Up
9:30 AM - 10:30 AM: Strategic Problem Discussion
10:30 AM - 10:45 AM: Break
10:45 AM - 11:45 AM: Future Vision Planning
11:45 AM - 12:30 PM: Lunch
Afternoon
12:30 PM - 1:45 PM: Defining Department Scope
1:45 PM - 2:00 PM: Break
2:00 PM - 3:15 PM: Identifying Competitive Advantages
3:15 PM - 4:00 PM: Internal Capabilities & Systems
4:00 PM - 4:30 PM: Next Steps
4:30 PM: Adjourn
Date & Time: February 19, 2025, 9:00 AM to 12:00 PM CST
Agenda:
Morning
9:00 AM - 9:10 AM: Welcome
9:10 AM - 9:40 AM: Defining the "Mountain for 2025" (Immediate Goal)
9:40 AM - 10:25 AM: Identifying the "Big 5" Priorities for 2025
10:25 AM - 11:40 AM: Tactical Plans for Delivering Priorities
11:40 AM - 11:55 AM: 90-Day Action Plan Discussion
11:55 AM - 12:00 PM: Close & Final Remarks
12:00 PM: Adjourn
How to Prepare for the Session
Required: Complete the pre-workshop survey by February 10, 2025 (10 min)
Helpful but not required:
Read What Is Strategy by Michael E. Porter (10 min)
Read Can you say what your strategy is? (10 min)
Watch the video A Plan Is Not a Strategy by Roger Martin. (10 min)
Learn More About
Jeff Shannon
A master facilitator of corporate strategy workshops, leadership development, and offsite retreats. He conducts 80+ sessions annually for numerous companies in the midwest, and is the author of business guides like "Lead Engaging Meetings" and "Hard Work Is Not Enough."