Master the strategic planning process steps - Deepstash

Keep reading for FREE

Master the strategic planning process steps

Master the strategic planning process steps

  1. As you continue to implement the strategic planning process, repeating each step regularly, you will start to make measurable progress toward achieving your company’s vision.
  2. Instead of always putting out fires, reacting to the competition, or focusing on the latest hot-button initiative, you’ll be able to maintain a long-term perspective and make decisions that will keep you on the path to success for years to come.
  3. Use a strategy map to turn your organization's mission and vision into actionable objectives.

216

184 reads

MORE IDEAS ON THIS

Use PEST Analysis

Use PEST Analysis

  1. An alternative to a SWOT is PEST analysis. Standing for Political, Economic, Socio-cultural, and Technological, PEST is a strategic tool used to clarify threats and opportunities for your business. 
  2. As you synthesize this information, yo...

222

314 reads

2. Prioritize your objectives (cont.)

2. Prioritize your objectives (cont.)

Prioritize your objectives by asking important questions such as:

  1. Which of these initiatives will have the greatest impact when it comes to achieving our company mission/vision and improving our position in the market?
  2. What types of impact are ...

220

229 reads

Objectives and Goals

Objectives and Goals

  1. Objectives should be distinct and measurable to help you reach your long-term strategic goals and initiatives outlined in step one.
  2. Potential objectives can be updating website content, improving email open rates, and new leads in the pipeline.

219

205 reads

3. Develop a plan

3. Develop a plan

  1. Now it's time to create a strategic plan to successfully reach your goals. This step requires determining the tactics necessary to attain your objectives and designating a timeline and clear communication of responsibilities
  2. Strategy mapping is

220

143 reads

5. Review and revise the plan

5. Review and revise the plan

  1. The final stage of the plan—to review and revise—gives you an opportunity to reevaluate your priorities and course-correct based on past successes or failures.
  2. On a quarterly basis, determine which KPIs your team h...

217

129 reads

Use a SWOT Diagram

Use a SWOT Diagram

  1. As a framework for your initial analysis, use a SWOT diagram. 
  2. With input from executives, customers, and external market data, you can quickly categorize your findings as Strengths, Weaknesses, Opportunities, and Threats (SWOT) to clarify your current position.

224

507 reads

What is Strategic Planning Process?

What is Strategic Planning Process?

  1. In the simplest terms, the strategic planning process is the method that organizations use to develop plans to achieve overall, long-term goals.
  2. The strategic planning process is broad — it helps you create a roadmap for which strategic objective...

231

1.16K reads

4. Execute and manage the plan

4. Execute and manage the plan

  1. Once you have the plan, you’re ready to implement it.
  2. First, communicate the plan to the organization by sharing relevant documentation. Then, the actual work begins.
  3. Turn your broader strategy into a concrete plan by mapping your proces...

219

138 reads

1. Determine your strategic position

1. Determine your strategic position

  1. This preparation phase sets the stage for all work going forward. You need to know where you are to determine where you need to go and how you will get there.
  2. Get the right stakeholders involved from the start, considering both inte...

222

210 reads

Notes to Self

Notes to Self

Over time you may find that your mission and vision need to change — an annual evaluation is a good time to consider those changes, prepare a new plan, and implement again...

218

205 reads

2. Prioritize your objectives

2. Prioritize your objectives

  1. Once you have identified your current position in the market, it is time to determine objectives that will help you achieve your goals.
  2. Your objectives should be in line with your company mission and vision.

221

334 reads

CURATED FROM

CURATED BY

dymphna

Lawyer turned Artist Visionary Curator & Gallerist. Empowering self-love and joy through art & words. www.innerjoyart.com 💝 Instagram : dymphna.art

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates