What is a Company Strategy?
A Company Strategy focuses on setting the overarching strategic direction to ensure the company achieves strategic alignment and executes the most important goals.
What's included in this Company Strategy Template?
- 4x Company Strategy Focus Areas
- 12x Company Strategy Objectives
- 23x Company Strategy Projects
- 24x Company Strategy KPIs
Who is this Company Strategy plan for?
A Company Strategy plan can be used by individuals on all levels of the organization. However, this Company Strategy template would be specifically useful to individuals working in the overarching strategy of the organization as they would presume the role of a coordinating body, working to develop and implement strategies that comply with those of other individual departments as well as promoting overall company goals.
How is this Company Strategy template relevant to your organization?
You and your team can use this template to help you perform optimally in a dynamic world to keep pace with changes and the needs of the organization whilst improving decision-making and motivating employees.
1. Define clear examples of your focus areas
The first step to devising a Company Strategy template would be to create focus areas.
Examples of strategic focus areas that could fall under a Company Strategy plan could be focusing on Financial, Leadership Quality, Employee Experience, and Performance.
2. Think about the objectives that could fall under that focus area
How could you best encapsulate this focus area? What goals could you set and act upon to achieve a positive result in this focus area? These are the sorts of questions you want to answer when thinking about setting up objectives.
Examples of some objectives for the focus area of Leadership Quality could be Communicate goals throughout all levels of the organization hierarchy, Practice agile management, and Unite individuals to a common goal.
3. Set yourself measurable targets (KPIs) to tackle the objective
KPIs are important metrics that make sure that you can accomplish your business objectives. KPIs not only take into account numerical measurements to help track your progress but also enable you to review the performance of your goals so you can accordingly make adjustments in your execution to achieve your strategic goals.
An example of a KPI for the objective Achieve record revenues while increasing profitability could be Hit quarterly revenue of $10,000.
4. Implement related projects to achieve the KPIs
Projects can help you and your team understand how to adapt, improve, learn from, and better implement processes that can help you achieve your end strategic objectives.
A few examples of projects that enhance Employee Experience within your organization could be Conduct fortnightly performance reviews, Initiate other employee benefits and perks, e.g. gym pass for all employees, and Develop a portfolio of online and other training opportunities.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Make sure your strategy is front and center with Cascade. You can plan, execute, measure and adapt your strategy in one easy-to-use platform and make sure your strategic plan is connected to on-the-ground execution.
Use this Construction Corporate Strategy template and launch your strategy in Cascade; it's $0 forever.