This Simple Strategy Template aims to provide a strategy that can be easily understood and executed by all members of a team. Overall, simple strategies are often effective because they focus on achieving a specific goal or objective in the most direct and efficient way possible.
This Simple Strategy Template is function agnostic, meaning it can be used by multiple teams in all levels of the organization. It is also industry agnostic and suited for companies of all sizes. It's ideal for teams that are looking to quickly plan and implement an easy and straightforward plan for the whole organization.
Strategies need structure to succeed and make sure the organization is moving in the right direction and hitting the goals it set out to achieve. The Simple Strategy Template provides that structure for the process of very easily creating a strategic plan.
Focus areas are broad categories used to group problems or challenging areas within your organization. Creating focus areas helps guide your organization on what areas are a priority to work towards. If you’re struggling for inspiration try to think of the categories within your organization that you want to focus on and start creating strategic focus areas from there.
For example, the focus areas in this Simple Strategy Template are: Performance; Customers; Finance; and Market Position.
A strategic objective usually has to be specific and measurable to cause enough impact and effectively explain what you want to achieve.
An example objective that could fall under the focus area of Market Position could be: Grow market share and become an industry leader.
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand. KPIs can be very industry-specific or broad and applicable across multiple industries.
An example of a KPI in this Simple Strategy Template associated to the objective Grow market share and become an industry leader could be: Grow social media followers to 8,000.
Projects are ways in which the objective can be achieved, but more so, closely tie in with ways in which organizations can make sure they are working towards their KPIs.
A project example for the objective Grow market share and become an industry leader could be: Delegate product developers team to work on SEO.
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