A partner-centric strategy plan outlines a business's goals, objectives, and plans for building and nurturing partnerships. This plan should include focus areas, objectives, projects (or actions) and measurable targets (KPIs) to help achieve the desired goals. The plan is designed to help businesses create strong, lasting relationships with their partners, while also ensuring that their goals are met.
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
The Partner-centric Strategy Plan template is designed for partnership and business development teams in all industries. This template allows teams to create a comprehensive strategy plan that focuses on building and nurturing partnerships. With this template, teams can easily set measurable goals and objectives, and track progress to ensure these goals are achieved.
Focus areas are the broad categories that you want to focus on in your strategy plan. Examples of focus areas could include 'Building and Nurturing Partnerships', 'Operational Efficiency', or 'Partner Onboarding'. It is important to identify clear focus areas so that you can properly define objectives and actions for each one.
Objectives are the goals you want to achieve within each focus area. It is important to clearly define these objectives so that you can measure progress and track success. For example, if your focus area is 'Building and Nurturing Partnerships', your objectives could include 'Strengthen Existing Relationships' and 'Establish New Partnerships'.
KPIs are measurable targets that can be used to track progress on objectives. For example, if your objective is 'Strengthen Existing Relationships', you could set a KPI of 'Increase number of contact points with existing partners'. KPIs should be clearly defined with an initial value, target value, and unit of measure.
Projects (or actions) are the steps you need to take to achieve the KPIs. For example, if your KPI is 'Increase number of contact points with existing partners', one of the projects to achieve this could be 'Identify current partners and prioritize engagement'.
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