Guide to Strategic Planning

 
Business Fundamentals

The Ultimate Guide to Strategic Planning for Fast-Growth Indian Companies

Pramod Singh

Let me ask you something:

Have you ever felt like your company is growing so fast that your strategy is just trying to keep up?

You’re hiring rapidly, entering new markets, acquiring customers — yet, deep down, you wonder:
“Are we scaling smart… or just scaling fast?”

If that thought has crossed your mind, you’re not alone.
In my experience advising startups, family-run enterprises, and VC-backed companies across India, I’ve seen one recurring truth:

Speed without strategy is chaos in disguise.

So today, I want to share a blueprint — a comprehensive, founder-friendly guide to strategic planning for fast-growth Indian companies. This isn’t corporate fluff. It’s what actually works on the ground.

Let’s get into it

Why Fast-Growth Companies Need a Strategic Planning Upgrade

When you're growing fast, strategic planning often gets sidelined for short-term wins. But here's the risk:

  • You stretch resources too thin

  • You chase too many priorities

  • You miss market signals or emerging threats

“Failing to plan is planning to fail.”
— Benjamin Franklin

In India’s dynamic business landscape — from booming Tier-2 cities to global expansions — your strategic planning must evolve as fast as your growth.

Step 1: Define Your Strategic Vision — Then Sharpen It

Let me show you something I ask every founder I coach:

“What does success look like in 3 years — in specific, measurable terms?”

Not just vague goals like “dominate the market” or “go global”. I mean:

  • Revenue targets

  • Customer segments

  • Market share

  • Technology roadmap

  • Brand positioning

Clarity here is power.

Action Step:
Create a one-page "Vision Brief" with input from leadership.
Ask:

  • What markets do we want to lead?

  • What problem will we solve better than anyone else?

  • What metrics will define success?

Pro Tip: Review this every quarter. Vision should be anchored but agile.

Step 2: Align People, Process & Priorities

Fast-growth companies often fall into the “departmental silos” trap — marketing does one thing, product another, and sales is left confused.

Here’s the secret:
Strategic alignment is your growth multiplier.

How to Align for Strategic Execution:

  • Quarterly OKRs (Objectives & Key Results) for every department

  • Monthly cross-functional syncs to eliminate blind spots

  • Single source of truth dashboards for metrics tracking

Example:
At Zerodha, India’s largest stock brokerage, Nithin Kamath emphasizes lean teams with tight alignment around customer-centric goals — that clarity has fueled growth without overspending.

Step 3: Use a Scalable Planning Framework

Strategic planning doesn’t need to be complicated — but it must be consistent and repeatable.

Here’s a lightweight yet powerful framework I use with clients:

The FAST Growth Planning Model:

  • Focus: What 3 strategic goals must we achieve this year?

  • Action: What are the quarterly OKRs tied to these goals?

  • Structure: Do we have the right team, tech, and capital to execute?

  • Tracking: What KPIs will show we’re on (or off) track?

“What gets measured gets managed.”
— Peter Drucker

Bonus Tip: Use tools like Notion, Asana, or 90.io to automate the review cadence.

Step 4: Factor in External Trends Early

Too many Indian companies build internal plans in isolation. But strategic foresight is a competitive advantage.

What to Track:

  • Regulatory changes (e.g., ONDC, data privacy laws)

  • Macroeconomic signals (RBI interest rates, funding cycles)

  • Consumer behavior shifts (Gen Z digital habits, vernacular trends)

  • Global competition (especially if you’re in SaaS, fintech, or D2C)

Example:
When Udaan saw working capital needs surging, they proactively aligned with NBFC partners, ensuring liquidity instead of getting caught off guard.

Step 5: Build Flexibility Into Your Strategic Plan

Strategic planning in India’s market needs to be resilient, not rigid.
Especially when black swan events (like COVID-19 or GST rollout) can change the game overnight.

How to Stay Nimble:

  • Set quarterly strategic checkpoints, not just annual ones

  • Run “what-if” scenario planning (best case, worst case, expected)

  • Empower middle managers to raise red flags early

“The companies that thrive during disruption aren’t the biggest — they’re the quickest to adapt.”
— Harvard Business Review

Step 6: Involve the Right People in Planning

In fast-growth mode, it’s tempting for the founder/CEO to do all the strategic thinking. That’s a mistake.

You need diversity of thought.
Your frontline employees see things your board doesn’t.

Include in Your Strategic Conversations:

  • Functional heads

  • High-performing team leads

  • Customer success managers

  • Key external advisors

Real-World Insight:
One D2C fashion startup I advised discovered a 30% return rate trend — not from analytics, but from customer support teams during a strategy town hall.

The takeaway? Insight lives at every level.

Step 7: Communicate Strategy Relentlessly

Strategy without communication is just a document.

Once your plan is ready:

  • Share a strategy narrative deck internally

  • Host a town hall with Q&A

  • Break it down into weekly sprints with visible progress

In my experience, over-communication beats under-communication 100% of the time.

Let your team feel ownership of the plan — not just obligation to execute it.

Common Pitfalls to Avoid in Strategic Planning

Even experienced CEOs fall into these traps:

PitfallWhy It�s Dangerous
Too many goalsCreates confusion, dilutes focus
Lack of trackingNo accountability or course correction
Over-ambitious hiringBloats costs without ROI
Ignoring cultureFast growth with toxic culture = slow death
No exit strategyInvestors want a defined outcome, not eternal growth

Strategic Planning Case Study: Freshworks

Let’s take a look at Freshworks, India’s SaaS pride.
Before its Nasdaq IPO, Girish Mathrubootham focused not just on product innovation — but strategic global positioning.

  • Narrowed in on mid-market SaaS globally

  • Localised offerings for the US, Middle East & India

  • Built scalable GTM and support systems

That clarity made Freshworks one of the few Indian startups to scale globally with operational discipline.

Reflection Questions for You

Pause for a moment and ask yourself:

  • Is my team aligned on our next 12 months of strategy?

  • Are we chasing growth metrics… or value creation?

  • Am I planning with foresight, or just reacting?

You don’t need all the answers today — but these questions spark the right mindset shift.

Conclusion: Plan Boldly, Execute Consistently

Strategic planning is not a “nice-to-have” for Indian companies anymore — it’s mission-critical.

In a country where markets shift fast, competition is intense, and investor expectations are high, your ability to plan smart will set you apart.

So whether you're in Bengaluru, Mumbai, Gurugram, or expanding to the US, remember:

Strategy isn't just about what you’ll do — it’s about what you’ll say no to.

Let’s not just build fast-growing companies.
Let’s build fast-growing companies that last.

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