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| Strategy business plan template in word |
Free Strategy business plan template in word
A business plan is about setting short- or mid-term goals and defining the steps necessary to achieve them. A strategic plan is typically focused on a business' mid- to long-term goals and explains the basic strategies for achieving them. This guide sets out the basics of the strategic planning process.
What are the 3 components of a strategic business plan?
Strategy is comprised of three parts: Vision, Goals, and Initiatives: Vision describes who the customers are, what customers need, and how you plan to deliver a unique offering.
Questions to be answered to prepare good Strategy business plan:
- Where we were in the past?
- Where are we now?
- Where should we go and why?
- What is our work toward the vision? Who are we? What is our niche now to work toward the vision?
- What will guide the work we choose to do and the way we do the work (inclusively, multi-disciplinarily?)
- What is in our way of realizing our vision?
- What will we do to reach our vision?
- What will we do in year 1, year 2 and so on?
- How will we know if we are successful?
- What infrastructure is needed to carry out the work in this plan?
- What will we do in the next 3 months, six months, year, year 2, and year 3?
- How will the plan be disseminated and to whom?
- How will we monitor the plan and assess our progress?
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