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- Senior management collectively owns the strategic plan. In most organizations each senior manager has a silo or line responsibility under his or her purview.
- The strategic plan is inclusive. We often see strategic plans developed by CEOs or senior management teams and then cascaded down their respective organizations.
- The strategic plan incorporates operational realities. Many organizations struggle to acknowledge their challenges and weaknesses. Without a candid assessment of the organization’s landscape, a strategic plan will not be effective.
- The strategic plan includes specific and tangible actions assigned to individuals. We typically see an organization’s senior management team go off-site and create grandiose strategic plans that sound great in principle.
Aug 7, 2018 · To fix that, try a six step process: first, identify key stakeholders. Second, identify a specific, very important key stakeholder: your target customer. Third, figure out what these...
- Outline
- About me
- What is a strategic plan and why is it needed?
- Analysis and Assessment
- Strategy Development
- Key Components
- Mission, Vision, Values
- Environmental Analysis
- Other components
- Executive Summary
- Overcoming Challenges and Pitfalls
Introductions / Overview Strategic Planning: Why? Strategic Planning: How, What, Who, When? Overcoming Challenges and Pitfalls Sample Strategic Plans Q & A
Adjunct Lecturer at HKS Two decades’ experience in the nonprofit and philanthropic sector, designing and leading large global and national initiatives and organizations Board experience on boards and advisory boards www.sushmaraman.com www.linkedin.com/in/sushmaraman
roadmap to launch and grow your organization Process as important as product (perhaps more important) Aligns stakeholders around strategic priorities Communicates your goals, strategies and programs Engages, motivates, and retains external and internal audiences (e.g., board, staff, donors, etc.)
Scanning the field: Builds knowledge on trends, best practices, existing initiatives, gaps, etc. Builds buy-in through stakeholder engagement Enables the organization to position itself in a larger landscape Clarifies the unique value-add of the organization or initiative within a complex marketplace
process, not simply a product Dynamic, not static Engages board, staff, funders, clients, community Helps organization align mission, programs, capacity
Executive Summary Mission and Vision Environmental Analysis / SWOT Goals, Priorities and Strategies Additional components: financial plan, evaluation, staffing / operational plan
Mission Statement: your purpose Harvard Kennedy School: http://www.hks.harvard.edu/ocpa/pdf/HKS_Facts_Cur rent.pdf Ford Foundation: http://www.fordfoundation.org/about-us/mission Open Society Foundation: http://www.opensocietyfoundations.org/about/mission-values
Reviewing literature Identifying and analyzing similar organizations working on the issue or in the same geographic region Interviewing experts in your field and related fields PEST: political, economic, social, technological factors that affect your organization’s mission and approach SWOT: your organization’s strengths and weaknesses, as well as ...
Financials (how do your financials align with your aspirations?) Staffing Evaluation (what will success look like?) One page summary / Key highlights / dashboard to track progress
Can be the most important part of the document – may be the only portion read by external stakeholders Should succinctly convey the future direction, priorities and impact Write this last!
Challenge of consensus over clarity Challenge of who provides input versus who decides Preparing a long, ambitious, 5 year plan that sits on a shelf Finding a balance between process and a final product Communicating and executing the plan Lack of alignment between mission, action, and finances
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- Senior management collectively owns the strategic plan. In most organizations each senior manager has a silo or line responsibility under his or her purview.
- The strategic plan is inclusive. We often see strategic plans developed by CEOs or senior management teams and then cascaded down their respective organizations.
- The strategic plan incorporates operational realities. Many organizations struggle to acknowledge their challenges and weaknesses. Without a candid assessment of the organization’s landscape, a strategic plan will not be effective.
- The strategic plan includes specific and tangible actions assigned to individuals. We typically see an organization’s senior management team go off-site and create grandiose strategic plans that sound great in principle.
Jan 23, 2024 · The strategic planning process informs your organization’s decisions, growth, and goals. Strategic planning helps you clearly define your company’s long-term objectives—and maps how your short-term goals and work will help you achieve them.
Jul 17, 2024 · In this article, we'll show you how to write a strategic plan in 6 simple steps. By the end, you'll have a comprehensive, actionable strategic plan that will help you align your organization on the path to success.
