These are the key decision-making criteria that stakeholders use when interacting with your business. Mission and vision statements are both important, but they serve very different purposes. The writer of the foreword offers his or her integrity and credibility to the author, convincing others to read the book. This helps transform your goals and objectives into a reality. It starts with a vision statement, moves on to strategic themes (six in all) and culminates in 28 strategic goals. The latter is a list of actions interspersed with a sprinkling of desired results, all utterly useless in terms of strategy. Download One-Page Executive Summary Template. Connect everyone on one collaborative platform. Preparing to Write Your Strategic Plan covers the pyramid's foundation, steps 1 to 4. The answers to this question help you identify your goals for the future of the business and assess whether your current trajectory is the future you want. Client focus 3. To fix that, try a six step process: first, identify key stakeholders. It is important to be honest with yourself. ASPs Stockmal has some questions for you to ask yourself about picking performance indicators. Transmittal Certificate; Foreword; ACT Public Service at a glance; About the Report . Introduction A. Post the plan on the employee intranet, along with key highlights and a way to track progress. Every company is unique. In addition to guiding your entire company, it also helps your employees make decisions that move them toward the companys overall mission and goals. Because you need to know your companys goals and objectives to create an accurate vision statement, you might need to wait until you have more information about the companys direction to write your vision statement. Estimated Duration. And while this may sound obvious, do not ignore what your planning process tells you. Overcoming adversity is one way for companies to grow. Your strategies have to align with your values and vice versa, she explains. Below are questions to ask your team as you craft your vision statement: What impact do we want to have on our community and industry? Included on this page, you'll find details on what to include in a strategic plan, the importance of an executive summary, how to write a mission statement, how to write a vision statement, and more. At GAD we believe that those skills can help governments in highly . Om Shanti !! Write in the present tense, avoid jargon, and be clear and concise. A strategic plan is like a road map that gets you where you are aiming to be. By writing a foreword, a person expresses their approval or support for the research and its author. endstream Build easy-to-navigate business apps in minutes. Its really the concept of what the intention of the terms are [that is important], says Denise McNerney, President and CEO of iBossWell, Inc., and incoming president of the Association for Strategic Planning (ASP). Strategic planning terminology is not standardized throughout the industry, and this can lead to confusion. But it also includes the specific actions you are going to take to achieve your goal. Translate enterprise ambitions into a strategic plan your function can actually use. Usually, somebody with greater known expertise or authority on the subject writes the foreword, lending credibility to a lesser-known author. We would like to take this opportunity to offer our sincere gratitude to all those who have contributed to the various stages of the formulation of this Strategic Plan. But many businesses go through a time-consuming and costly strategic planning exercise, only to find themselves with a plan that is ignored or just glanced at once a year. So, take your time here to clearly define your target customer. Her passion is to see the next generation of children become lovers of reading and learning in the midst of short attention spans. If you want to know the full process on how to write a foreword you can check out this post. That work falls on the shoulders of the suburban accountant. Element #3: Marathon Thinking. The following sections walk you through how to write common sections of a strategic plan. For instance, budgets are finite and it's important to know who is going to pay for the project. This process takes time and reflection. 11 0 obj Commitment 2. Positioning is a fundamental step of the strategic planning process. I am delighted to present to you the CUHK Strategic Plan 20162020, which outlines the strategic visions and goals we have identified to help the University realize its full potential and better fulfil its mission to serve the society as Hong Kong citizens as well as the wider community as global citizens. For example, these might include the factors influencing the decision to purchase from you (customers), work for you (employees), supply to you (suppliers) or invest in you (shareholders). For more information about writing marketing plans, this article can help. During such a process, a school outlines sets of strategies and the project action plans that would likely sustain the business in 3 year's time, more or less. This is shaped by the objectives youve set for your organization and the knowledge youve gleaned about your stakeholders current and future needs on strategic factors. A SWOT analysis on yourself will give you some honest feedback if you let it. <> Formal planning has helped mobilize and motivate organizations in the achievement of goals and objectives. Objectives are the turn-by-turn directions of how to achieve your goals. Actuaries lay claim to analytical skills that help decision-makers take good account of risk and uncertainty. Coming up with an evaluation method and KPIs can sometimes be difficult for a nonprofit, since they are often focused on goals other than financial gain. Its imperative to make sure the mission statement accurately fits the organization. You can take many approaches to the process and consider differing ideas about what needs to go into it, but some general concepts stand. If the book is a funny, comedic piece, inject humor into your foreword too. What do you value most in your life? There is no set time period for a strategic plan, but five years can be a sweet spot. Copyright 2019. Organizations which practice this system-design approach to strategic planning turn out to be gob-smackingly great. How will we interact with others as a company? Below the red dotted line are the implementation pieces. Even with the differences, the same planning process and structure should be in place for schools as it is for other types of organizations. <> For example, KPMG only hires staff who are qualified to offer services for large corporate and big government customers. Some goals might even be quarterly, monthly, or weekly. FOREWORD The thesis demonstrates the student's ability to understand. [1] Identify what your organization stands for, what it hopes to accomplish, what its responsibilities are, what segment of the population it wishes to cater to and work with, how it wants to be viewed and what type of growth it wants to experience. Steps 1 Contemplate your organization's vision. You can use posters or other visual methods to post around the office. The vision is the highest-ordered statement of the desired future or state of what you want your business to achieve, McNerney explains. Next, identify your target customers. Values youre very welcome, were glad you found the post helpful :). When it comes to writing a strategic plan, values represent how you'll behave as an organization as you work towards your vision. Forward Foreword is always a noun that refers to comments made before the actual text (usually in a book) and most commonly by someone who is not the author. An example of data being processed may be a unique identifier stored in a cookie. Stakeholders can be great strategists. your key stakeholders. Performance indicators are not always financial, but they must be quantifiable. % The consent submitted will only be used for data processing originating from this website. Unusually, for these documents, it's a creatively presented and well branded document, and it includes a foreword from the HR Director, (including a picture), giving it a more personal touch. Highlight the plan in a company newsletter. Im so glad you found it helpful for your friends foreword! This is your chance to define the way your company will make decisions based on goals, culture, and ethics. Download Strategic Plan Sections Checklist. This can come from a variety of sources including: in-depth interviews of stakeholders, listening to stakeholder stories about their experience with you and the competition, feedback via your complaint and suggestion systems, focus groups and even casual conversations with stakeholders. Because it functions as a review of the entire document, write the executive summary after you complete the rest of your strategic plan. Write the first paragraph in an engaging manner. 7 0 obj Try Smartsheet for free, today. Outline the recommended solution. In any case, long-term thinking needs to be an essential ingredient of . Create Awesome Documents and Visuals With Template.net. Here's what you can include: 1. A marketing plan describes how you attract prospects and convert them into customers. Say what you do, who you do it for, and why it is valuable. Why a strategic plan is crucial in any school . Look at each person separately and consider their core competencies, strengths, capabilities, and weaknesses. This is such a useful guide. How do we link our purposes to our capabilities? You dont need to include the entire marketing plan in your strategic plan, but you might want to include a summary. The same group of stakeholders can occupy more than one role. Ive assisted a rural bank which decided that its target customer was commercial family farms. This ruled out large corporate farms and hobby farms. Automate business processes across systems. Its target customers arent mums and dads lodging their annual tax returns, or small businesses that need help with their accounts. As mentioned, strategic planning is a process and involves a team. Your help is highly appreciated, its super cool. Access eLearning, Instructor-led training, and certification. Some funding sources have finite beginnings and endings. As for the evaluation portion, identify how you will keep yourself accountable and on track. Once it adopted the six-step method, these outcomes were identified as reducing employee turnover and increasing productivity and innovation. Metrics were developed to monitor these, and targets were set before moving on. Thats for so called second-tier accounting firms. The trick is to identify stakeholder roles. Many companies values sound like meaningless jargon, so take the time to figure out what matters to your company and push beyond generic language. All Rights Reserved. Mission statements are about the present, and vision statements are about the future. Sixth, focus on continuously improving this plan. An excerpt is shown below to show you how Mike describes his relationship with Gary: It has been my pleasure to know Gary Wiens since 1985 in a friendship that has gone from mere acquaintance to partnership in ministry. 2. Others share an anecdote, which may help endear the readers to the author. It offers some insight into both the author and paper, either via the writers personal or professional relationship with the author or through the writers connection to the topic or area. A strategic plan is a key guiding document for any school, and can have far-reaching effects. "Acknowledgment" vs "Acknowledgement" | Which one is correct? As with any team activity, there will be challenges. Focus on the ones that allow you to zero in on what is critical for your companys success. The strategic planning process takes time, but the payoff is huge. Drawing on over 30 years of experience coaching and mentoring business leaders, Peter Duncan and Robert Bradford have written an invaluable guide to your success as a business leader. The foreword, which is usually written by an industry expert or influential figure for someone elses book, can help establish the authors credibility. Manage Settings They are action items, often with start and end dates. You will learn to create a book foreword in four easy steps. At its best. When writing your performance indicators, pay attention to the following: Define how often you need to report results. iBossWell, Inc.s McNerney reiterates that there are not hard and fast definitions for the terms goals and objectives, as well as many other strategic planning concepts. This planning assures a deep consideration of the audience, the most effective structure, and persuasive content. It provides additional information or insight about the book or the author. Next, gather your planning team. This is the output of strategy planning and may be developed at the level of an organization, department or team. 12 0 obj Positioning of the University & Its Ideal Graduates, Positioning of the University and Its Ideal Graduates, Appendix 1 Terms of Reference and Membership List of the Steering Group for the Development of the 2016-2022 Strategic Plan, Appendix 2 - Profile of the Ideal Lingnan Graduate, Key Strategic Areas, Goals and Initiatives. 7. You should be able to defend your plan and reinforce its key areas. Expect to make changes. You cant be sure, for instance, in the case of the manufacturer of specialized air conditioners, that ramping up technical support pre- and post-sale will drive more revenue. <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 12 0 R/Group<>/Tabs/S/StructParents 1>> Step 1: Write a letter to the reader. These aspects of the plan outline a strategy for achieving success and can include the following: Vision statement about what the company will look like in the future, What is happening (both internally and externally) and what needs to change. Explore modern project and portfolio management. If an ally will write a short note of endorsement (or a full-scale Foreword or Preface), we can use the best lines in several ways: Some writers describe their first meeting, or their first impression of the author. endobj Establish your planning team and schedule. A colleague asked me to write a foreward and I had no idea where to start. Download University Strategic Plan Outline Word. Whether you are a nonprofit, a school, or a for-profit entity, strategic plans will look at where you are and how you will get to where you want to go. Its more like a dog chasing its tail. I wanted to see the examples as well but they were unavailable. In this article, youll learn the basics of writing a strategic plan, what to include, common challenges, and more. endobj Objectives often begin with the words increase or decrease because they are quantifiable and measurable. Tactic 1.1.2: Develop agenda. Access more than 40 courses trusted by Fortune 500 companies. Also called an elevator pitch, the company description is a brief outline of your organization and what it does. Develop the Strategic Plan See how our customers are building and benefiting. 3. A roadmap to launch and grow your organization Process as important as product (perhaps more important) Aligns stakeholders around strategic priorities Communicates your goals, strategies and programs Engages, motivates, and retains external and internal audiences (e.g., board, staff, donors, etc.) They are set in statement and purpose with no ambiguity about whether you achieve them or not. Below is additional advice for personal strategic plans: There are things you can control and things you cannot. 2 0 obj It has been said that the shortest distance between two points is clarity, and this strategic planning cycle brings about clarity. Some of these effects include: A strategic plan can inspire & unite the whole school community Vision statements should be short (a few sentences). Get in front of employees and present the plan [to get everyone involved]. Hofmeyer explains his research has shown that people stay with companies not always because of money, but often because they buy into the organizations vision and want to play a part in helping it get where it wants to go. [ 15 0 R] As the managing partner of a client law firm recently explained to me: Before we adopted your approach we lacked the keys to effective strategic planning. If your mission statement could define many companies in your line of work, it is not a good mission statement. The more that people feel they play an important part in the organizations success, they more successful you will be in reaching your goals of your strategic plan. The answer (or answers) to the first question where are we now? The goal of the plans distribution is to make sure everyone understands their role in making the plan successful. I was asked to write a foreword for the Design and Construction Manual authored by the Development Committee of our HOA, and this was an excellent resource. The planning process takes time. These available templates can be used to get more sales and attract potential investors. I wouldnt attempt to put a definition to the terms. Pinpointing values will help you figure out the traits of the people you want to hire and promote, as well as the qualities youre looking for in your customers. 3 Strategic Plan 2015 - 2020 Foreword . Here I show you how to write the book foreword in four easy steps. The vision statement explains what your company wants to achieve in the long term and can help inspire and align your team. Pay attention to your company culture and the readiness you have as a group, and adapt the planning process to fit accordingly. Think about what they want and need, as well as how you can provide it. <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 19 0 R/Group<>/Tabs/S/StructParents 2>> As it does within a business, this statement will help guide you in making future decisions. Capture this in your strategic goals, which should have tactics tied to each . Now that you understand how it works best, you can move forward to the next phase of your book writing: preparing the front matter and moving closer to publishing! The mission provides items to act upon, and the vision offers goals to aspire to. What do they have in common? Once you write your vision statement, communicate it to everyone in your company. It should be relatively easy to write. Other terms similar to KPIs include performance measures and performance indicators. Find tutorials, help articles & webinars. The operations plan maps out your initiatives and shows you who is going to do what, when, and how. Look at the positive instead of what you will give up. Write in a style similar to that of the book. Align campaigns, creative operations, and more. <> We would all like to accomplish every goal, but sometimes we do not have enough money to do so. Recognize that no matter what you decide, there is no certainty in the result once you embark on implementation via an action plan and scorecard. Foreword. Sign your name at the endbecause the foreword of a book is essentially a letter of endorsement written to the reader! They are often near the top of your plans hierarchy. They function as a description of where you want to go, and they can address both the short and long term. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Acknowledgement World is your companion in showing appreciation to people who mean the most to you when it comes to your writing projects. endstream Earn badges to share on LinkedIn and your resume. Most books do not need a foreword. This is also where you can remind your readers what they can get out of the book. The areas above the red dotted line are the strategic parts of the plan. You need to make sure someone is good, so there needs to be a vetting process, he says. Disclaimer: TCK Publishing and its website, TCKPublishing.com, provides information on writing, publishing, books, and advice to help you live a better and more successful life. :) Were you unable to view the foreword excerpts for The Courage Map and Bridal Intercession? For example, your goals might be the following: Each goal should have a stated outcome and a deadline. Get expert coaching, deep technical support and guidance. You must set your strategic priorities first, and that often takes time. A strategy plan, more commonly known as a strategic plan, is a list of strategic goals together with an action plan to achieve each goal. It is written by someone other than the author. Once you get the knotty key-stakeholder problem sorted out you can move on but not too fast. A foreword is optional. It establishes the direction a company is going to take by considering its goals and objectives. Fourth, figure out what you want from them. Team troubles can also occur when one or more members does not think the plan is important or does not buy into the process. Strategic planning is a prompt or a facilitator for fostering strategic thinking, acting, and learning, says Bryson. Each proposal must be planned out before a word is written. <> <> The preface is the front matter written by the author to introduce the book, usually explaining their motivation and inspiration for writing the book. The Strategic Plan represents the concerted efforts of the University stakeholders, whose valuable input has been incorporated in this document. Assess the business Evaluate the business and its current performance using proven assessment tools. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The following checklist will help you keep track of what you have done and what you still need to do.