7 Elements of a Strategic Plan

A strategic plan is a document that establishes the direction of a company or work unit. It can be a single page or fill up a binder, depending on the size and complexity of the business and work.

Most managers would benefit from having their own strategic plan. The process of developing a plan helps the manager (and the team) step back and examine where they are, where they want to go, and how to get there. In the absence of a plan, work still gets done on a day-to-day basis but often lacks a sense of purpose
and priority.
Here is a template for a basic, simplified strategic plan that any manager can fill out, providing both long-term purpose and direction and tactical operating plans. Read More

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