strategic plans

Calculated future approaches

Strategic plans are formal documents outlining an organization's long-term goals and the steps to achieve them.

They typically cover three to five years and address mission, vision, priorities, and resource allocation.

The term appears constantly in business and government: The board approved a new strategic plan for growth.

In practice, many strategic plans gather dust after creation.

Opposites
deliberation and foresight

strategic planssnap decisions

improvisation · gut reactions · firefighting · crisis management · hasty decisions

scope and coherence

strategic plansquick fixes

Temporary solutions, not thorough

band-aid solutions · tunnel vision · day-to-day operations

formality and structure

strategic plansaimlessness

Lack of direction

drift · directionlessness · winging it · chaos · randomness

Family

plan, strategy, planning, strategize

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G