What is a Simple Strategic Plan?
A simple strategic plan outlines the main objectives and goals of a business or organization. It will cover the focus areas that need to be addressed, the objectives that will be achieved through these focus areas, the key performance indicators (KPIs) that will be used to measure success, and the projects or actions that will be implemented to achieve the KPIs. The goal of a simple strategic plan is to help businesses and organizations achieve their objectives in an efficient and organized manner.
What's included in this Simple Strategic Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Simple Strategic Plan template for?
The Simple Strategic Plan Template is designed to help businesses of all sizes and industries create a plan to achieve their strategic objectives. This template can be used by startups, large companies, and everyone in between. It is a comprehensive template that will help organizations define their focus areas, set measurable objectives and KPIs, and develop actionable projects to help them achieve their desired outcomes.
1. Define clear examples of your focus areas
A focus area is a broad topic that your organization wants to address in order to achieve its strategic objectives. Examples of focus areas could include improving customer satisfaction, increasing sales, improving operational efficiency, and more. It is important to define clear examples of your focus areas so that you can set measurable objectives and KPIs to help you achieve your desired outcomes.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that your organization wants to achieve in order to fulfill the focus area. These objectives should be measurable and achievable. Examples could include increasing customer retention or improving customer service response times.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or key performance indicators, are the metrics used to measure the success of a particular objective. They should be measurable, achievable, and relevant to the objective. Examples could include increasing customer retention rate from 15% to 20%, or decreasing customer service response time from 3 hours to 1 hour.
4. Implement related projects to achieve the KPIs
Projects or actions are the steps that need to be taken in order to achieve the KPIs. Examples could include offering personalized customer service, implementing automated customer service tools, promoting new products online, and creating loyalty programs.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is an innovative strategy execution platform that helps organizations achieve their strategic objectives faster and with greater accuracy. By utilizing Cascade, organizations can get real-time visibility into the progress of their strategic initiatives, measure the success of their KPIs, and gain actionable insights to improve their strategic performance.