In a nutshell, strategic planning determines where an organization is going over the next year or more, how it’s going to get there and if the overall goals were accomplished. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program.
Some of the benefits of strategic planning is that the organization takes time to clearly define realistic goals and objectives consistent with their overall mission. Once these goals have been defined they should be communicated to the team which will allow everyone in the organization to understand and work toward completing the goals established. When strategies have been put in place to effectively complete the goals, productivity increases.
Strategic planning should be conducted at the very least – once a year in order to be ready for the coming fiscal year. In challenging times, when strained resources appear to require a choice between cutting programs or cutting staff, strategic planning can seem to be pretty far down the list of priorities. However, strategic planning can be exactly what is needed to illuminate a path through difficult times.
- Think it Through
- Write it Down
- Make it S.M.A.R.T.
- Read it Daily
- Find Someone to Hold You Accountable
- Adjust Quickly
During your upcoming Strategic Planning session define and confirm clear goals for the 1st quarter and for next year, as well as 3-5 years down the road. Establish top strategies necessary to accomplish these goals and document action steps for each.
Remember to make your goals S.M.A.R.T – specific, Measurable, Attainable, Relevant and Time-bound.
Would you like to conduct a successful strategic planning session with your team? We can help you starting today.
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