Discover the strategic planning process and learn how to determine the right strategic priorities for your organization in this insightful article. Gain valuable insights into the key steps involved in decision-making, ensuring that the initiatives you choose propel your organization forward.
After you’ve developed your vision, mission, and strategic priorities, the next step in the strategic planning process is defining your objectives, goals, and tactics (i.e. how you will carry out your strategic plan).
The first step in this part of the process is to define your key strategic priorities over a set period of time. Strategy is about making decisions and deciding which initiatives will move your organization toward your vision and keeping an eye out for what may slow you down or hold you back. Sharpening your focus on a few key areas will allow you and your team to implement a few projects or initiatives very well, rather than a multitude of activities poorly or just OK.
The Cost of Developing a Strategic Plan (3 Tiers)
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