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Meeting Your Goals with A Great Strategy
Welcome to our 5-step series on meeting your goals with a great strategy. In the previous series, we discussed conducting a SWOT analysis and setting S.M.A.R.T. goals. Now, we'll dive into the third step, which is developing the strategic plan that will drive you to the achievement of those goals.
Now, it is possible that you're thinking, we've tried this before and it didn't work. Or you could be asking, what is a strategic plan and why is it necessary? Well, I will tell you. A strategic plan is a comprehensive blueprint for achieving your company's objectives. The best way to think about it is as if your company is a military operation and your strategy (or strategic plan) details how you will win the mission you're about to embark on.
Now that I've got you thinking here are some of the things that are important to include in your plan. Your strategy MUST outline
What it means to achieve the mission
How many soldiers do you need to accomplish the mission
What role each soldier will play in the mission
Your timelines and milestones to track your progress
What tools and resources are necessary to achieve the mission, and
How much money will it take to accomplish the mission by the date you've stated the mission will be accomplished?
Developing a strategic plan can be a challenging process, but it's essential for ensuring the long-term success of your business. This series will address the key steps you should take to develop a strategic plan to accomplish the mission of your company. Before you begin developing your strategic plan, you should review your SWOT analysis and S.M.A.R.T. goals. These insights will help you identify the specific actions you need to take to achieve your goals.
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