Strategic planning only helps organizations when they are kept active and implemented. The strategic plan defines the business direction. That direction is based on the future, the vision of the company. Before an effective strategic plan can be developed a clear and compelling vision is needed. Visions are optimistic, the ideal picture of the future. [...]
Strategic planning is vital to not only the operations of non profit organisations, but also to their continued viability as most don’t successfully access grants. A Strategic Plan provides vision to an organisation. If developed properly – the business plan will clearly show the goals and objectives over the next three to five years and [...]
Copyright (c) 2007 Gayla Hodges
At this time of year, many companies look to the future and put together a Strategic Plan and/or a Business Plan for the coming year(s). For many, this has become a matter of looking at the last plan and changing the numbers to match new goals. If this [...]
Strategic planning and strategic leadership styles vary just as the employees and owners of companies involved in the planning process differ. Visit local bookstores or check on line to see hundreds of books claiming to have the secrets to a successful business and easy strategic planning. Technology and the Internet has forced companies to make [...]
It can be challenging to integrate vision and values into strategic planning. But it’s also very rewarding. In a previous article, I described an example where “Dave” started a foundation to successfully integrate his values while resolving a major financial challenge. Read on to discover the details and how exactly starting a private foundation was [...]