STRATEGIC PLANNING FACILITATOR FEES AND COSTS EXPLAINED

STRATEGIC PLANNING FACILITATOR FEES AND COSTS EXPLAINED

Understanding strategic planning facilitator fees is critical for any organization looking to engage in transformation efforts or change management initiatives. As organizations look to chart their future course, many turn to professional outside advisors who come with strategic planning facilitator fees attached to guide them through the process. But what can you expect to pay for an experienced moderator and keynote speaker to lead your strategy initiative?

Costs can range significantly based on several factors. It makes sense to a look at some of the primary expense considerations:

Experience Level – Like most professional services, strategic planning facilitator fees increase with greater experience and subject matter expertise. While a newer expert may charge $2,000-$5,000 for a multi-day strategic planning session, veteran consultants with decades of experience can command $10,000-$30,000 or more.

Facilitator’s Background – The facilitator’s background and career path impact fees. Former C-suite executives who transition into consulting often have higher price points than full-time professional facilitators. Specialized facilitators with niche expertise (i.e. strategic planning for nonprofits) may also charge premium rates.

Project Scope and Duration – Keep in mind too that strategic planning facilitator fees are largely tied to the scope and duration of the engagement. Developing a 3-5 year strategic plan typically takes multiple facilitated sessions over 2-4 months. Lengthier, more complex initiatives understandably cost more. Some facilitators charge a day rate ($2,500-$7,500 per day is common), while others provide project-based fixed fees.

Pre-work and Output – What’s included can vary. Some facilitators charge more for substantial pre-work (stakeholder interviews, surveys, research, etc.) or delivering extensive documentation/reporting as outputs. Clients preferring lean, meeting-focused engagements may pay lower fees.

Facilitator’s Travel – Note too that strategic planning facilitator fees often cover the expert’s travel expenses if travelling to the client site. Some tack on travel costs, while others bundle it into their rate. Using local facilitators can keep these costs down.

Team or Solo Facilitator – Hiring a team of 2-3 facilitators is pricier but allows more opportunity for breakout sessions. Single facilitators are more cost-effective for smaller organizations.

Admittedly, strategic planning facilitator fees are an important consideration. But also skills, trust, and organizational fit should carry great weight when selecting a strategic planning facilitator. The guidance of an experienced professional can provide substantial returns for steering an organization in the right direction.