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A strategic plan defines a company’s landscape and multi-year plan with goals and priorities to ensure all teams are headed in the same direction.
A strategic plan is essential for companies that are trying to grow because it clearly defines measurable milestones over a period of years, preventing teams from heading in the wrong direction or splitting resources in inefficient ways.
This is a Microsoft Word Document.
What does it solve?
Communication, Prioritization, Strategy Guidance, Leadership Alignment, Goal Setting, Risk Management, Growth Planning
Example
Bombay Publishing has been operating for five years. While it has been successful, the leadership team feels a lack of direction, and each department leader has been informally prioritizing their team’s work toward the goals they feel are most important. This has led to team conflict, inconsistent hiring, and unfocused use of resources, causing project timelines to expand and deadlines to be missed.
Together, using the strategic plan template, the leadership team and CEO create a plan that comprehensively outlines the company’s purpose, its competitive landscape, and its three-year goals and priorities. The team is now aligned on their most important priorities and the potential challenges they will tackle together.
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