Constructing the Strategic Plan

Constructing the Strategic Plan

by YourBoard | The Art of Leadership

Constructing the Strategic Plan 

Constructing the strategic plan can be a comprehensive development.  This video will teach you how to gauge where the success of your company stands by gathering data in areas such as products, services that were used for these products, and achieved financial performance.

Frequently Asked Questions

How do I involve my team in the construction of strategic planning?

Members of your team should assist in gathering date that allows them to map out the changes in products, services, sales channels, target markets, marketing strategies, and organization.  The team can then chart an improved direction for the company that utilizes the core strengths to create new products and services, and identify new markets and operations.

How can you track the performance of your company?

You should track a 3- year financial performance history of your business and develop strategic plans for the next 3 years.  Then, you can solve for the gap that develops between the current financial trend and where you would like your strategic vision and plan to be in the future. 

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