Deft Strategy 2022-2024 Version - HO Edits
Deft Strategy 2022-2024 Version - HO Edits
Deft Strategy 2022-2024 Version - HO Edits
Development Frontiers (Deft) Limited has been operational as a formal entity from 2015. During
this time, Deft has experienced growth and development in the following areas:
This document captures Deft’s strategic framework proposed for the next three years to 2024.
We expound our 1. Strategic Framework, 2. Values, 3. Planned Milestones 4. Strategic Goals, 5.
The Balanced Score Card and 6. Risk Framework and 7. Annual Work Plan for 2022.
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1.Strategic Framework
VISION Always provide solutions for our clients
PURPOSE Consistently deliver high-quality and relevant services to our
clients
VALUE PROPOSITION We provide timely solutions to clients’ needs
2. Values
Professionalism
We take our work seriously. From receiving the client’s brief to delivering the final
product, our process is interactive, with everyone in the most professional manner.
Timelines are sacrosanct and our services and products will most often exceed your
expectations.
Uniqueness
Each client is unique and requires a tailor-made approach that responds to their specific
circumstances and context
Holistic Development
As we build relations within our team and with our clients, we strive to reflect the
environment of constant growth and development in everything that we do, going the
extra mile even when it is not remunerated. Welcome to Development Frontiers—A
work environment that is creative, flexible, and practical.
Quality
Provide quality services and ensure high degree of quality in whatever we do, as we
ensure value for money to our clients.
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3. Goals (and Milestones)
Deft Expansion Increased Marketing of Deft services. Secure new clients for Deft
services through advertising and referrals by existing clients
Engagement via Hire a consultant to advise on the use of ICT technology for product
development, delivery, and cost reduction
ICT
Social Media Leverage technology to market our services
Improve bookkeeping
2023 Carry out annual reviews, create a current year’s plan based on 2022
as the reference; review & refresh strategy mid-year and end-year
2024
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4. Strategic Goals
1. High- quality services to clients
2. Increased revenue and profits
3. Efficient and effective processes and procedures
4. Creative support and communication services
5. Balanced Scorecard
Strategic Objectives KCIs or KIIs? Targets Projects/Actions
For our customers, Provide relevant, Number of Survey all clients on the Conduct research to increase
Quality and timely clients quality of the last service understanding of the market we
clients services to clients surveyed provided by end of first are operating in, our clients and
quarter 2022 their needs
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Strategic Objectives KCIs or KIIs? Targets Projects/Actions
Number of Have at least one lunch Engage with clients regularly
meetings meeting with representatives
with clients of key clients one per year
Database of Contact all associate clients to Engage and retain high calibre and
qualified confirm willingness and committed associate consultants
associate availability to be on the Deft in GCR, Research and M&E, policy,
consultants database by end of February Business Development Service?
2022 and Agricultural Value Chains
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Strategic Objectives KCIs or KIIs? Targets Projects/Actions
Number of Develop a package for the
boards training of SHGs/CBOs
previously
trained
introduced to
new modules
Developed a Devote at least two days per
MEAL quarter to product
package development.
Financial (Internal Deft) Increase revenues by Percentage Increase revenue by 100% viz Secure new clients for Deft
100% increase in 2022 - 30% services by advertising and
revenue 2023- 30% promoting referrals by existing
disaggregate 2024 - 40% clients
d by service
Retain existing clients receiving
Number of Existing clients seek services services
old clients at least once per annum
seeking Pitch/seek one new client per
repeat At least three new grant- annum for the menu of services
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Strategic Objectives KCIs or KIIs? Targets Projects/Actions
Individual organisations
Percentage seeking GCR services
increase in increased by 50%
new clients
disaggregate Increase clients seeking
d by services services for SHG support The review pricing structure for
increased from 0-3 services to ensure
competitiveness while ensuring
Increase assignments for profitability
research and M & E services
by 50%
Pricing
structure Provide at least 1 BDS, Improve financial efficiency by
developed Communication and establishing and reducing
and Agricultural value chains expenditure on key cost centres
implemented service per annum
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Strategic Objectives KCIs or KIIs? Targets Projects/Actions
reduction in
administrativ
e costs as per
management
account
Internal Processes Efficient processes Optimised Optimise website by second Leverage on technology to
and procedures website quarter 2022 market our services
Implement proper
bookkeeping practices by the
first quarter of 2024
SOPs
develop
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Strategic Objectives KCIs or KIIs? Targets Projects/Actions
Value for money in Number of Flexibility to negotiate and improve competitiveness in
service delivery assignments win contracts and deliver tendering processes
and assignments on negotiated
contracts budgets
delivered on
agreed costs
to suit clients
budgets
Resource Mobilization # of internal identify and exploit at least Tailor made trainings of M&E,
revenue three resource mobilization change management and
generation opportunities to raise revenue strategic planning advertised and
/resource delivered
mobilisation
opportunities identify and provided outsource
identified services such establishing M&E
and Systems, develop strategic and
exploited business plans
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Strategic Objectives KCIs or KIIs? Targets Projects/Actions
consultant
and
measures Identify and bid at least two Hire a consultant to advise on the
adopted EOI/CFP per quarter use of ICT technology for product
development, delivery, and cost
reduction
Percentage
of
consultancy Regular training for staff at Develop and maintain the
work secured least twice a year from 2022 capacity to develop quality
from blind winning bid proposals within
proposals stipulated timelines
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6. Risk Framework
Category Risk Description Probability Severity/Impact Actions To Minimise
Strategic Strategic The strategic 2 HIGH Regularly review the strategy
approaches options chosen
might pose a might pose a
risk for the risk to the firm 2 MEDIUM Ensure ownership by all
organisation involved and regularly monitor
the implementation of the
Weak strategy
implementation Failure to
2 MEDIUM
of the strategy follow the Develop products and
strategy might cultivate other markets-
affect its companies, government, and
implementation international aid agencies
1 HIGH
Reduced Reduced Continuously monitor the
funding for funding for evolution of the pandemic and
NPOs NPOs might learn from what other
negatively institutions are doing to
affect the mitigate its impact
demand for
services Develop capacity on virtual
delivery of services
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Category Risk Description Probability Severity/Impact Actions To Minimise
Impact of the COVID 19
COVID 19 pandemic Consider developing election-
pandemic might related services
negatively
impact the Maximise on the period before
successful the elections.
implementation
of the strategy
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Category Risk Description Probability Severity/Impact Actions To Minimise
standard leading to poor supervision
operating services to
procedures clients and the
possibility of
non-compliance
Compliance Failure to Failure to 1 HIGH Develop compliance inventory
comply adhere to and monitor compliance
comply with regularly
applicable laws
including the
Companies Act
and Tax laws
etc would lead
to fines and
risks of closure
Information Negative The 3 HIGH Double-check and monitor all
information information information posted on the
through social posted on website and social media.
media or social media
website platforms or
the website can
be
misinterpreted
and paint the
firm in a
negative light
Reputationa Bad publicity Poor delivery of 2 HIGH Engage competent
l from clients services can consultants for all assignments
lead to the bad through a rigorous
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Category Risk Description Probability Severity/Impact Actions To Minimise
publicity from background check
clients
Ensure adequate supervision
of all associate consultants
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7. Annual Work Plan 2022
TITLE DESCRIPTION PRIORITY (A, B, C) OWNER DUE
Customer Conduct
engagement customer
feedback survey
Conduct KIIs on
competition
Lunch meetings
with clients
Develop virtual
training
packages
Set up a
LinkedIn
account
Revamp Deft
Website by Third
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quarter 2022
Internal
Processes
Develop SOPs for
finance and
services by the
third quarter of
2022
Develop/print
source documents
by the first quarter
of 2022
Implement proper
bookkeeping
practices by the
first quarter of
2022(generate
monthly financial
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reports)
Implement a new
pricing structure
by the first
quarter of 2022
Hire a consultant
to advise on the
use of ICT
technology for
product
development,
delivery, and cost
reduction
Ongoing training
for support staff
provided
Retain Associate
Consultants
Develop
internship
programme
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