What is the V2MOM strategic planning framework?
A V2MOM (Vision, Values, Methods, Obstacles, Measures) framework is a planning tool used by organizations to set clear goals and establish a plan for achieving them. It helps leaders and teams align their efforts and make progress towards a shared vision.
What's included in this V2MOM Template?
- 4x V2MOM Focus Areas
- 8x V2MOM Objectives
- 8x V2MOM Projects
- 16x V2MOM KPIs
Who is this V2MOM Template for?
This V2MOM Template is suitable for leaders and teams from organizations of all sizes and industries. It is a useful tool for anyone looking to implement the famous V2MOM framework to create a clear and actionable plan for achieving their goals.
How is this V2MOM Template relevant to your organization?
Implementing the V2MOM strategic planning framework can help your organization clarify its vision and values, identify key initiatives and potential obstacles, and track progress towards achieving its goals. Our V2MOM Template is a versatile tool that can be customized to fit the needs of your specific organization and guide you through the process of successfully implementing V2MOM. By using this template, you can ensure that your planning efforts are structured and focused, helping your team work towards a shared vision with clarity and purpose.
1. Define clear examples of your focus areas
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.
An example of a focus area within the V2MOM Template is: Spot Obstacles.
2. Think about the objectives that could fall under that focus area
A strategic objective usually has to be specific and measurable to cause enough impact and effectively explain what you want to achieve.
An example of an objective within the focus area 'Spot Obstacles' within the V2MOM Template is: Identify potential roadblocks.
3. Set measurable targets (KPIs) to tackle the objective
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 for the objective ‘Identify potential roadblocks’ in the V2MOM Template is: Number of potential roadblocks identified.
4. Implement related projects to achieve the KPIs
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.
An examples of a project within the V2MOM Template is: Conduct risk assessment and gather input from employees.
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