Strategic Planning
There are three core strategies that all good strategic plans contain:
Defend the Core
Grow the Base
Create the New
Different words may be used to express the intent, but every strategic plan must be clear on the core products or services and defend their market positions.
Secondly each strategic plan identifies key areas of growth opportunity based upon changing market conditions.
And finally each strategic plan should carve out dedicated resources to create new products and services for the future.
Using these three strategies as an initial strategic plan template enables:
Mission/vision/purpose development
SWOT analysis (Strengths, Weaknesses, Opportunities, Threats)
Environmental assessment
Strategy development
This results in an inspiring strategic plan rather than another binder on the organization’s shelf.