strategic plan
Organization's future guide
A strategic plan is a document outlining an organization's long-term goals and the steps to achieve them.
It typically covers mission, vision, objectives, and resource allocation over several years.
The nonprofit updated its strategic plan to focus on climate initiatives.
Strategic plans guide decision-making but often gather dust on shelves.
- mission statementFormal declaration of purpose
- market expansionIncreasing commercial reach
- roadmapDetailed plan forward
- executive summaryCondensed overview for decision-makers
- stakeholder analysisMapping affected parties' concerns
competitive advantage · SWOT analysis · project management · key performance indicators · benchmarking · resource allocation · budget allocation · department heads · feedback loops · charter · actionable · performance reviews · implementation · board of trustees · objectives · direction · vision statement · whiteboard
- plannersagenda, calendar, to-do list, organizer, diary
- planningplanners, to-do lists, calendars, scheduling, prepare
- plansmasterplan, outline, blueprint, scheme, roadmap
- business movesmerger, acquisition, layoffs, restructuring, expansion
- business plansroadmap, blueprint, playbook, business case, pitch deck
- business reportsannual report, quarterly report, financial report, sales report, expense report
strategic planto-do list
Pending tasks, itemized
weekly schedule · day-to-day operations · short-term plan · task list · quick win
strategic planimprovisation
Spontaneous, unplanned creation
spontaneity · chaos · disorder · winging it · disorganization
strategic plancrisis management
Handling urgent threatening situations
firefighting · damage control · knee-jerk reaction · quick fix · band-aid solution
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