Build the Strategic Plan – Interactive Tool >>

You first started with confirming what industry (business model) area you wish to excel. The next step included evaluating your business model (strengths, weaknesses, opportunities, & threats) using that information to identify what tools to use to improve your business model. This was followed by identifying what business model areas to strengthen.

This step involves the actual development and formalizing the company’s strategic intent. This is the final stage where you will apply what you learned in previous steps. Leverage your new Business Model components to support your strategic plan! Identify business strengths and areas for improvement in each business area. Print out & save a copy for your records.

Strategic Plan Components

The order of the strategic planning methodology follow the path of similar models. Beginning with the executive summary the goal is to provide a concise overview of the business’ strategic background, efforts, and future vision. Subsequent stages provide additional images surrounding the business’ industry, market, costs, and end with a point by point description of the business’ goals.

The five components of the strategic plan are discussed below. The template used will depend on your business, industry, and stakeholder requirements.
Strategic Innovation Plan Components

Strategic Plan Components Review

Each section of the strategic plan serves a unique purpose. Drag & Drop the answers to each of the statements below.
Test

Additional Resources

The following presentation provides a short list of additional business and strategy development resources available on this website. The password for these additional resources is provided in the presentation.
The planning task should not be taken lightly. It is hard work to put together a plan and even tougher to implement it. More than 50% of strategic plan sit on the shelf collecting dust, never to be reviewed again. The act of planning is just as crucial, if not more, than the completed document. This is because the planning process includes the necessary collaboration, discussion, and vision setting necessary to move resources, assets, and teams forward. Without this alignment the document remains meaningless.

Strategic Plan Stakeholder Review

The following tool is used to confirm who participates in the planning process and to insure that the planning document remains relevant.

Stakeholder Planning Tool