What is a Construction Corporate Strategy?
A Construction Corporate 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 Construction Corporate Strategy template?
- 4x Construction Corporate Strategy Focus Areas
- 12x Construction Corporate Strategy Objectives
- 15x Construction Corporate Strategy Projects
- 21x Construction Corporate Strategy KPIs
Who is this Construction Corporate Strategy template for?
This template can be used by all employees engaged with the overarching strategy at a construction company.
How is this Construction Corporate Strategy template relevant to your organization?
The Construction Corporate Strategy template will help you and your team consider the organization's strategic priorities to ensure you execute on the most important projects to achieve those overarching goals.
1. Define clear examples of your focus areas
Focus areas are the building blocks of your strategy. They expand your vision statement and provide your team and you with some structure around achieving your goals.
Examples of focus areas for your Construction Corporate Strategy could be Financial, Employee Experience, Business Performance, and Client Satisfaction.
2. Think about the objectives that could fall under that focus area
Objectives are the milestones that guide your business to achieve strategic success. You can use this strategy template to set out clear objectives and allocate them to your employees to let them know what they are expected to achieve and by when.
Possible objectives for the Financial focus area could be to Grow our business for future expansion, Optimize spending and costs, and Improve productivity and efficient work.
3. Set yourself measurable targets (KPIs) to tackle the objective
KPIs are important because they break down the larger objectives into smaller, more measurable, and trackable targets. Likewise, they also convert visions into quantifiable, clear, and coherent metrics.
KPIs for this Construction Corporate Strategy could be Reduce percentage of equipment downtime from 25 to 10%, Lower employee turnover rate from 50 to 20%, and Reduce absenteeism to 0%.
4. Implement related projects to achieve the KPIs
Projects are the driving actions that facilitate the accomplishment of a goal or objective. As you and your team build this Construction Corporate Strategy template and add projects, it's important to realize that not all projects succeed. However, implementing projects and learning from those that failed adds value to your goals.
Examples of a project could be Start a record to compare budgeted hours with actual hours on the job, and Create a roadmap for top projects.
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.