Episode 2 : STRATEGIC PLANNING
Business planning consists of the planning activities that guide the success and direction of your organization.
Strategic planning is a specific type of business planning that can help you better dial into what you need to do in the next year, and understand how your performance is measuring up against your planning to guide you towards your goals and targets both big and small.
Read on to discover the purpose for strategic planning, the four components to strategic planning, and exactly how to create a one-page strategic plan for your business.
Part 4 : Your Strategic Plan’s Goals
STRATEGIC PLANNING: Your Strategic Plan’s Goals
Goals quantified are really a budget. What does your budget look like and what kind of activities do you need to be doing to move the needle towards your targets? The one-year category is very close in, so get specific. These should be very specific items to act on and prioritize.
Key thrusts and capabilities capture what’s going to get you in the 3-5 year priorities range. What capabilities and qualities move you closer to your goals and targets?
In a nutshell, goals and key thrusts and capabilities answer the question: what do we need to achieve, how are we going to achieve it, and by when? Delivering on those key initiatives will allow you to achieve your goals.
TurboCharge Your Business
is a show for business owners who are tired of just working IN the nuts and bolts of their businesses and ready to work ON the business itself from a big-picture, growth-oriented, strategic perspective.