What is Strategic Focus?
Strategic focus is a structured approach to goal setting and strategy execution, focused on improving performance and achieving desired results. It is a way of breaking down large, complex goals into smaller, more manageable initiatives and actions. The strategic focus template provides a clear framework for leaders and teams to define strategies that prioritize and concentrate efforts on key strategic initiatives, ensuring efficient resource allocation and goal attainment.
What's included in this Strategic Focus 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 Strategic Focus template for?
The strategic focus template is designed to help leaders and teams create and track their strategies in a structured way, while also providing the flexibility to adjust and pivot as needed. It is suitable for any organization or business looking to organize its strategic plan in an efficient and effective way.
1. Define clear examples of your focus areas
A focus area is the broad theme of a strategy, such as customer service or operational costs. It is the umbrella under which specific objectives, actions, and KPIs are grouped. Within the focus area, objectives should be defined to help provide direction and focus. Examples of strategic focus areas that could fall under a Strategic Focus could be: Enhance customer service, Reduce operational costs, and Improve employee engagement.
2. Think about the objectives that could fall under that focus area
Objectives are specific statements of what needs to be accomplished in order to achieve the focus area. Objectives should be measurable, attainable, and relevant to the overall goal. Examples of some objectives for the focus area of Enhance customer service could be: Increase customer satisfaction, and Improve customer response time.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable goals used to track the progress of objectives. They should be specific, measurable, attainable, realistic, and timely. KPIs provide a way to measure the success of an objective and ensure that progress is being made. An example of a KPI for the focus area of Enhance customer service could be: Increase customer satisfaction rating from 3.6 to 4.2.
4. Implement related projects to achieve the KPIs
Projects (or actions) are specific initiatives or activities that are designed to help achieve the objectives and KPIs. Projects should be specific, measurable, attainable, realistic, and timely. For example, under “Increase customer satisfaction”, an action could be “Implement customer feedback system”. Projects are the tangible steps that will help reach the desired goal.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a powerful, easy-to-use tool that helps teams manage and track their strategies in one place. It provides a clear, visual framework to define goals, objectives, and actions, as well as set and track KPIs. Cascade also helps to streamline communication and collaboration within teams, allowing for faster and more effective execution of strategies.