Mission
Of course, it’s not enough to say where you want to go. You also have to develop a strategic plan to get there. This includes allocating the necessary resources — people, money, paper clips, what have you — to get where you’re going. Most organizations develop a new strategic plan every three to five years. Building a strategic plan involves the following key steps:
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Conduct a SWOT (short for “strengths, weaknesses, opportunities, and threats”) analysis of your current business position.
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Identify the market(s), customer(s), and geographical area(s) you’re focusing on.
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Outline the objectives — between three and eight — you want to accomplish over the next three to five years.
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Decide on the specific goals and actions to accomplish your objectives.
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Budget for and allocate your resource needs, including human resources, capital resources, system requirements, acquisitions, and so on.
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Develop your measurement tools.
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Install a communications protocol.
Okay, you’ve identified your purpose, values, and vision, and developed your five-year strategic plan. Now what? Promoting, that’s what. Promoting your purpose, values, and vision is key to developing your line of sight and fostering engagement.