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It's Planning for Doing Time
keywords: Strategy, Strategic Planning, Strategic Plan, Accountability, Stakeholders, CEO, Excecution, vision, mission, performance objectives
Well it is that time of year when many companies begin to take an introspective look back on the year. It is the unique company and team that is on-target to hit the goals that they established at this time last year. Most realize that they haven’t achieved their yearly goals and are looking at ways to do a better job next year. Finally, there are a few out there still confusing vibration with forward momentum and justifying their lack of goals attainment by detailing all the “other’ thinks that they got done.
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What Makes a Good Strategic Plan?
OK, first, what the heck is a strategic plan? A strategic plan documents your purpose for being, who you are, where you want to go and how you intend to get there over the long term. The plan maps out short and long-range goals of the company and what actions of management will have to take place to reach those goals. It states what is important to you and how you will leverage those values to be successful. It articulates the key philosophies, concepts, ideas and directions which, when put into effect, profoundly shape the nature of your business. For this reason, your strategic plan should be carefully thought through.
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