Business Planning and Strategy – Define your strategy
Strategic planning clarifies your long-term goals and the steps necessary to achieve them. Based on your business plan, a clear business strategy lets you envision where your company will be in the future—and provides you with a map for getting there.
What challenges are you facing?
Read the following and learn how to develop and implement a strategic plan.
Why is strategic planning important?
Strategic planning determines exactly where your organization is going over the next year or more and how it’s going to get there.
- How to thrive in tough times
- Strategic planning: Answers to your frequently asked questions
- This B Corp company does well by doing good
- How sustainable practices can pay big dividends
- Infographic—Strategic planning: Realize your company’s potential
- Refocus on your business strengths with a strategic plan
- The benefits of strategic planning for your business
- 5 ways to recession-proof your business
Developing a strategic plan
A strategic plan is extremely important for creating a strong, growing and profitable business. It’s your roadmap for implementing and achieving your vision.
- 7 steps to create an action plan for your business strategy
- Do you know your business’s strengths and weaknesses?
- 5 tips for crafting a powerful vision statement
- 5 tips for creating a winning mission statement
- 5 key components of a strong corporate plan
- Writing and communicating a strategic plan
- Business plan vs. strategic plan: Differences you need to know
- What is strategic planning?
- 6 steps to plan better by using financial models
- Economic downturn? An ideal time to eliminate waste and invest in your business
- How CM Labs Simulations successfully accelerated its growth
Implementing a strategic plan
Implementation is a necessary step of the strategic planning exercise; a business that develops a strategic plan must expect to include a procedure for applying its plan.
- 5 tips on implementing your strategic plan
- Superior Cabinets: A strong comeback
- 4 key ways to stand out as a retail business
- WOW Factor Media: All the right signs
- Software firm is in shape to dominate spa and fitness industry
- FIG Clothing: A concept that travels
- Essentia’s success rests on its all-natural mattresses
- How to make sure your business can survive rough times
- 5 things you should know about licensing your product
Evaluating a strategic plan
The evaluation and review of your strategic plan is an opportunity to take a step back, assess and evaluate the state of your business and industry.
- How to measure the success of your strategic plan
- 5 steps to a successful strategic retreat
- How to update your strategic plan