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Your Strategic Planning Framework

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2016-03-26 20:11:07
Balanced Scorecard Strategy For Dummies
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Strategic planning has a basic overall framework. Not to oversimplify the strategic planning process, but by placing all the parts of a plan into the following three areas, you can clearly see how the pieces of your plan fit together:

  • Where are we now? Review your current strategic position and clarify your mission, vision, and values.

  • Where are we going? Establish your competitive advantage and your vision. Clearly see the direction your organization is headed.

  • How will we get there? Lay out the road to connect where you are now to where you’re going. Set your strategic objectives, goals, and action items and how you’ll execute your plan.

About This Article

This article is from the book: 

About the book author:

Erica Olsen is cofounder and COO of M3 Planning, Inc., a firm dedicated to developing and executing strategy. M3 provides consulting and facilitation services, as well as hosts products and tools such as MyStrategicPlan for leaders with big ideas who want to empower and focus their teams to achieve them.