How to develop a strategic plan?

Developing a strategic plan is essential to achieving organizational goals and objectives. The first step is to clearly define the mission, vision and values of the organization. Next, conduct a SWOT analysis to identify strengths, weaknesses, opportunities, and threats. Based on the analysis, set specific and measurable goals and objectives. Determine the strategies to achieve the goals and objectives, along with the action plans, timelines, and key performance indicators to measure progress. Finally, review and update the strategic plan regularly to adapt to changes in the environment and ensure continued success. Strategic planning involves a collaborative effort and ensures that everyone is aligned towards the common goal.

This mind map was published on 18 May 2023 and has been viewed 159 times.