This is actually quite effective. I am delighted to present to you the CUHK Strategic Plan 20162020, which outlines the strategic visions and goals we have identified to help the University realize its full potential and better fulfil its mission to serve the society as Hong Kong citizens as well as the wider community as global citizens. 6 0 obj Its like drawing a map for your company. You can also create a strategic plan to help guide both your professional and personal life. Recognize what's holding you back from reaching your objectives. Writing a strategic plan can be daunting, as the process includes many steps. Sadly, strategic plans have a tendency to fail when nobody periodically assesses progress. Its really the concept of what the intention of the terms are [that is important], says Denise McNerney, President and CEO of iBossWell, Inc., and incoming president of the Association for Strategic Planning (ASP). % These are the Core Values of the ABC Company: 1. Some writers like to offer a brief summary, while others prefer to highlight their favorite parts of the book. The answers to these questions make up the meat of the planning document. It can also function as a type of tagline for your organization. Write in a style similar to that of the book. Find tutorials, help articles & webinars. t3j4i|AdA~m;z*sV:|6Mc^A^BVeG~a4?=O39b(mivM[jk7wO=94A4f]zlx=H'X>/JjZ9[nsW;(T~-)vFFmqZ\?J"Qf2 You can do that by sharing examples of: As you close, remind your readers why you are writing the foreword for the author. She has also written several books, both fiction and nonfiction. Move faster, scale quickly, and improve efficiency. A foreword is a short introductory portion of a non-fiction book, typically written by someone other than the author. Get answers to common questions or open up a support case. Explain the solution's value. Create the plan: Then, you'll create the plan that will help you meet your goals and objectives. Once youve assembled your team and defined your terms, its time to formalize your ideas by writing the strategic plan. The fourth step is to identify what these stakeholder groups want from you. An essential second step, and one that Ive been guilty of not stressing enough with clients, comes with the word target. Its vitally important to identify your target customer before moving forward. No-code required. I have one such document in front of me as I write this. A strategic plan is like a road map that gets you where you are aiming to be. Learn why customers choose Smartsheet to empower teams to rapidly build no-code solutions, align across the entire enterprise, and move with agility to launch everyones best ideas at scale. %PDF-1.5 Lets take a moment to discuss how a foreword differs from the preface. If you distribute it outside of your company, you might want to attach a confidentiality waiver. Here I show you how to write the book foreword in four easy steps. If done correctly, your strategic plan will engage and align stakeholders around your companys priorities. Save my name, email, and website in this browser for the next time I comment. 17 0 obj Introduction A. Company core values, sometimes called organizational values, help you understand what drives the company to do what it does. As it does within a business, this statement will help guide you in making future decisions. Are you satisfied? I was buried in the enterprise.. Too often, organizations simply throw out words that they think will sound good in a glossy marketing brochure but have little relevance to the real world. Third, figure out what these stakeholders want from you. <> [Goals] are the higher level that contain several statements about what your priorities are, McNerney explains. I. Most of the time, you will not have to go into too much detail. A clear vision statement can help all stakeholders understand the meaning and purpose of your company. <> Be prepared to adjust. 7. 5 0 obj While five years is often the strategic planning sweet spot, some organizations choose to create three-year plans. You will learn that the reader's wants and needs come first - before your need for self-promotion. How do we link our purposes to our capabilities? Streamline operations and scale with confidence. Strategic Plan Example: Objectives, Strategies, and Tactics. Collaborative Work Management Tools, Q4 2022, Strategic Portfolio Management Tools, Q4 2020. How are matters inside your company? Some goals might even be quarterly, monthly, or weekly. Do not abandon this at the first sight of the unexpected. It should encourage and inspire employees while setting your companys direction. Goals should be precise and concise statements, not long narratives. For a nonprofit, the strategic plans purpose is mainly how to best advance the mission. Values Develop a Shared Vision 6. In any case, describe the book and why the author is the best person to write this book. <> Do your best to keep it from your competitors. A SWOT analysis on yourself will give you some honest feedback if you let it. Instead, it should cover why the book is a must-read. You can use templates as your references if you want to come up with a nursing strategic plan that is polished and formal looking. Om Shanti !! endobj Thanks for reading, Susan. For example, instead of focusing on losing weight, concentrate on being healthier. Reassure them that the foreword could be as short as 500 words. 19 0 obj Even with the differences, the same planning process and structure should be in place for schools as it is for other types of organizations. We call on the continued support of the entire University community to make this plan a success. The Strategic Plan represents the concerted efforts of the University stakeholders, whose valuable input has been incorporated in this document. ElA)Z{%e,M |+a12%7(sF_bnXg_ endobj Be wary of cutting and pasting either from plans from past years or from other similar organizations. I have watched his children become established as godly young people, and have appreciated deeply the contributions this family has brought to this city, first to Metro Christian Fellowship, and now to the House of Prayer. Our distinctive position was further testified when Forbes named us one of the Top 10 Liberal Arts Colleges in Asia in 2015. But then you become aware that some of the employees are also owners, and the complexity grows. A strategic plan is a dynamic document or presentation that details your companys present situation, outlines your future plans, and shows you how the company can get there. If not, you may need to hire personnel. stream We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Ourperformanceisonan What some people call an objective, others would call a KPI. They key, she explains, is to decide what the terms mean in your organization, explain the definitions to key stakeholders, and stick to those definitions. Think of the acronym SMART when writing objectives: Make them specific, measurable, achievable, realistic/relevant, and time-bound. Another way to look at it: Verb (action) + adjective (description) = noun (result). Your strategies have to align with your values and vice versa, she explains. Establish your planning team and schedule. 8 0 obj However, you will likely need to include some basic sections, regardless of the particular method you choose (even if the order and way you present them vary). If you're the one writing it, a clear step-by-step process makes it even simpler. Post the plan on the employee intranet, along with key highlights and a way to track progress. You will learn how the foreword helps establish credibility for the author and the book. Build those checkpoints into the plan. Sung Instead, strategic planning experts use many names for the different sections of a strategic plan. Next, identify your target customers. the senior executives ofan airline might travel at the back of the plane to get a feel for what economy passengers experience. It offers some insight into both the author and paper, either via the writers personal or professional relationship with the author or through the writers connection to the topic or area. Create Awesome Documents and Visuals With Template.net. How will we interact with others as a company? If you dont know what is going on around you, how can you stay competitive? explains McNerney. Some managers felt that the idea of actually being able to exert significant Thanks for reading! Outline the recommended solution. Determine organizational readiness. This dynamic perspective encourages openness, innovation and a preparedness to change. Why a strategic plan is crucial in any school . Objectives often begin with the words increase or decrease because they are quantifiable and measurable. You can communicate your plan to stakeholders in the following ways: Hold a meeting to present the plan in person. Team troubles can also occur when one or more members does not think the plan is important or does not buy into the process. iBossWell, Inc.s McNerney reiterates that there are not hard and fast definitions for the terms goals and objectives, as well as many other strategic planning concepts. See how our customers are building and benefiting. A nonprofit has to make the community care about its cause. Include the plan in new employee onboarding. A foreword is optional. Manage campaigns, resources, and creative at scale. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. For example, KPMG only hires staff who are qualified to offer services for large corporate and big government customers. Some people call this walking with one leg and running with the other. A strategic plan is a document that lays out how an organization plans to realize its long-term ambitions. Find the best project team and forecast resourcing needs. The values are the core of how you operate [and] how you treat your people, both internally and externally. Who are your target customers? endobj Are your targets realistic and time-bound? endobj In addition to the basic sections that go into any strategic plan, when forecasting five years into the future, put one- and three-year checkpoints into the plan so you can track progress intermittently. In a for-profit organization, the marketing department works to promote the companys product or services to bring in new revenue. Other terms similar to KPIs include performance measures and performance indicators. One tip: Try to avoid jargon and generic terms; for example, words like maximize and succeed lose their punch. I would like to thank, in particular, the Council for approving the Strategic Plan and taking up the responsibility for overseeing and monitoring its implementation. How to develop a winning strategyand put it to work. The consent submitted will only be used for data processing originating from this website. Streamline requests, process ticketing, and more. <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 19 0 R/Group<>/Tabs/S/StructParents 2>> The sooner you can grab and hold the reader's attention, the better. We would like to take this opportunity to offer our sincere gratitude to all those who have contributed to the various stages of the formulation of this Strategic Plan. 2. Preparing to Write Your Strategic Plan covers the pyramid's foundation, steps 1 to 4. Corporate Strong mission statements can help differentiate your company from your competitors and keep you on track toward your goals. 2. Creating a strategic plan isnt only for businesses. If something does not fit within your personal mission, you shouldnt do it. Assess Industry, Competitor & Customer Trends. Performing this analysis will help you figure out what you do best and how you compare to your competition. Hi Cassandra, Im glad youve found our site helpful! It doesn't hurt to immediately dive into a story to draw the reader in and explain why they should care about this book. Collect and review information to help make the upcoming strategic decisions. The courage to go after their dreams and make a positive impact. The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Pay attention to your company culture and the readiness you have as a group, and adapt the planning process to fit accordingly. As we stride forward into our golden jubilee, it is an opportune time for us to consolidate our strengths and identify opportunities for further development, so as to steer the University to the next level of excellence. Strategic planning is often continuous for nonprofits. Steps 1 Contemplate your organization's vision. Earn badges to share on LinkedIn and your resume. After the meetings are over, you have to turn your strategy into action, says Stefan Hofmeyer, an experienced strategist and co-founder of Global PMI Partners. Thank you for a useful and succinct guide to writing a foreword, I have been struggling with a request for some time. :) Were you unable to view the foreword excerpts for The Courage Map and Bridal Intercession? But it also includes the specific actions you are going to take to achieve your goal. Go deeper than saying family, happiness, and health. Its other key stakeholders were distributors; customers-retail; customers-industrial/food service; consumers; and employees. It is written by someone other than the author. 3 0 obj This section is the bulk of your strategic plan. Using the information you discovered during your SWOT and mission statement process, come up with goals that align with your values. If you are going to write a foreword for your readers, it is important that you write for the book's target market. Accelerate your career with Harvard ManageMentor. Get a free cross-functional project template. In this example, your objectives could be: Approach three new possible clients each month. Writing a foreword can be a lot of work. Kick-Off Meeting: 1 hr. endobj This will involve a lot of ongoing management to ensure everyone stays on task. Copyright 2019. Usually, somebody with greater known expertise or authority on the subject writes the foreword, lending credibility to a lesser-known author. Objectives: Objectives support goals, and theyre usually quantitative and measurable. The idea is to pique the readers interest and get them to read the rest of the plan. Be careful with the information you gather. If youre not looking at the world around you, youre missing a whole dimension about what should inform your decision making, McNerney advises. You will learn why the foreword is an essential selling tool for the book. Write the first paragraph in an engaging manner. Im so glad you found it helpful for your friends foreword! Foreword vs. Mission and vision statements are both important, but they serve very different purposes. Nor is KPMGs target mid-size firms with limited budgets. While writing your strategic plan, you should think about how to share it. the thesis serves as a bridge between student and working life. Write in the present tense, avoid jargon, and be clear and concise. What do they have in common? Automate business processes across systems. Establish Your Strategic Position. How to Introduce Your Book to the World, Parts of a Book: The Basic Anatomy of Book Design, How to Write the First Chapter of a Book: A Checklist for Novelists, How to End Your Book: 5 Steps to Writing a Fantastic Final Chapter. List down all the key factors that can affect the effective implementation of the nursing strategic plan. You can use these foreword samples as a guide to writing your foreword for your own papers or books. What are your competitors doing? Copyright 2016 Lingnan University. Overcoming adversity is one way for companies to grow. Hassle-Free Documents With Template.net's Free Printable Sample Templates. . During such a process, a school outlines sets of strategies and the project action plans that would likely sustain the business in 3 year's time, more or less. This is shaped by the objectives youve set for your organization and the knowledge youve gleaned about your stakeholders current and future needs on strategic factors. Many companies values sound like meaningless jargon, so take the time to figure out what matters to your company and push beyond generic language. Strategic planning, also called strategy development or analysis and assessment, requires attention to detail and should be performed by someone who can follow through on next steps and regular updates. Guide To Writing A Strategic Plan 1. You Should Read This Next How to Write a Book Like Lord of The Rings: 5 Tolkien-Style Tips To Follow A financial plan can help you set your priorities. You may think that this will be easy. Is it cost-effective to collect that data? :), Your email address will not be published. Here are the top six key components for building a killer strategic plan for your business. They are often near the top of your plans hierarchy. Conflict is part of strategic planning, Bryson admits. Part of this initiative includes leveraging our wealth of experience in liberal arts education and our research excellence to collaborate with eminent universities, offer more distinct degree programmes, provide research opportunities for outstanding students across the world, and elevate our reputation in the international arena. Joe Weller, April 12, 2019 Additionally, remember that there are many terms for the same object in strategic planning. Required fields are marked *. Deliver results faster with Smartsheet Gov. Peer pressure can be a strong force, especially if a boss or other manager is the one making suggestions and people feel pressured to conform. Access eLearning, Instructor-led training, and certification. Sign your name at the endbecause the foreword of a book is essentially a letter of endorsement written to the reader! This template can help you visually outline your strategic plan for your nonprofit. The completion of the new government office blocks . He always writes summaries last, after he has all the data and information he needs for the plan. This form of planning includes: a) Taking a wide look around at what's going on outside the organization and how it might affect the organization (an environmental scan), and identifying opportunities and threats b) Taking a hard look at what's going on inside the organization, including its strengths and weaknesses (perhaps doing a SWOT analysis) How do we make sure that your foreword has an impact? Theyre so used to thinking operationally rather than strategically that putting self first seems like heresy. Mission statements should not be vague or generic, and they should set your business apart from others. I would like to invite you to join hands with us to help this fine and unique academic institution maintain its characteristics whilst fostering its further developments. Not everyone has a vision statement, McNerney says. Were so glad you found it helpful, Mike! For example, phrases like delivering a wonderful experience could apply to many industries. The process of formulating a new Strategic Plan at CUHK has given us the opportunities to take stock on past successes and failures, to determine our visions and future goals in the light of challenges ahead, and to put forward strategies for our developments not only in response to changing needs but also as an active and participating agent to drive intellectual, social and economic changes. Select From Our Collection of Small Business Plans, Non-Profit Business Strategic Plans, One-Page Healthcare Education Plans, School Department Budget Plans, and Many More. A colleague asked me to write a foreward and I had no idea where to start. Consider the company mission The mission for a business describes what the company does. After you introduce yourself, share how you got to know the author. (updated July 17, 2021). Below are questions to ask your team as you craft your vision statement: What impact do we want to have on our community and industry? The goals can be broad, but dont forget to include action items and timeframes to help you reach your goals. Many people mistake this word as forward. But the word foreword has the root the word fore, meaning before. The foreword is the section in a book that comes before the body of the book. In general, there are four parts to any executive summary: Start with the problem or need the document is solving. If you have access to a plan from a previous year, see how your department did in meeting its goals. Department of Tourism 1 STRATEGIC PLAN 2015/16 - 2019/2020 (2016/17 REVIEW) TABLE OF CONTENTS List of Acronyms and Abbreviations Foreword by the Minister of Tourism Message by the Deputy Minister of Tourism Introduction and Strategic Overview by the Director-General Official sign-off PART A: STRATEGIC OVERVIEW 1. Write a friendly letter to the book's ideal reader. A foreword is a brief introductory piece in a book that is usually written by someone other than then author (but can be written by the author himself). In this book, Tim explains how to build your plan around a core (he calls it the "heart") strategic combination of market, identity, and focus. The operations plan maps out your initiatives and shows you who is going to do what, when, and how. Take out jargon like world class, best possible, state of the art, maximize, succeed, and so on, and cut vague or unspecific phrasing. It should be short enough that it can be read or heard during the average elevator ride. Who is collecting that data, and how will they do it? Mission statements dont have to be only outward-facing for customers or partners. endobj It takes some time and money to do [a thorough industry analysis], but the lack of that understanding says a lot about the future of your organization. The process of formulating a new Strategic Plan at CUHK has given us the opportunities to take stock on past successes and failures, to determine our visions and future goals in the light of challenges ahead, and to put forward strategies for our developments not only in response to changing needs but also as an active and participating agent to Note the data source where you will get your information to measure and track. At GAD we believe that those skills can help governments in highly . but it can prove beneficial for the author of the foreword as well as the author of the book. Without it, the process cannot succeed. endobj The plan may be in the form of a document, a presentation, or another format. You can choose from many templates to help you write this section. Remember, several objectives and action steps will likely come from each goal. In the context of changing global trends and increasing competition in higher education, we considered it a priority to further strengthen our academic development and research as well as student development. At its best. We described these as: farmers-as-shareholders and farmers-as-suppliers. There are three areas to look at when setting priorities in your plan: Current situation: Think about which aspects of your business are doing great, and which aspects need improvement. This is your chance to define the way your company will make decisions based on goals, culture, and ethics. Manage and distribute assets, and see how they perform. Dont lose what makes you good, he says. Smartsheet Contributor Next, gather your planning team. Now I can see the way forward. While many organizations have both mission and vision statements, its not imperative. So, take your time here to clearly define your target customer. You need implementation elements of the plan to be successful, McNerney says, adding that some people refer to objectives as tactics, actions, and many other terms. Here are seven steps to consider: 1. endstream 13 0 obj Because it functions as a review of the entire document, write the executive summary after you complete the rest of your strategic plan. For more information about writing an effective executive summary, a checklist, and free templates, read this article. Free Trial All-inclusive software features: Home Align Design Execute Report Dashboards Teams + Slack Mobile App Take a Video Tour Clients Why Us Why Choose OnStrategy One of the most important elements when youre starting the strategic planning process is to get some clarity on the nomenclature. For example, at a manufacturer of specialized air conditioners for computer rooms, customer service, as youd expect, meant handling enquiries and dealing with complaints. But research showed that customer service had additional dimensions in the minds of their customers, namely technical support pre- and post-sale. Getting to grips with the full extent of the customers expectations led to insight which drove the companys strategy. Objective 1: Increase client satisfaction from 82.0% to 90.0% by December 31st. Take the example of a dairy cooperative I worked with recently. Because you need to know your companys goals and objectives to create an accurate vision statement, you might need to wait until you have more information about the companys direction to write your vision statement. As for the evaluation portion, identify how you will keep yourself accountable and on track. You should include the following sections: An execution plan that identifies who manages and monitors the plan, An evaluation plan that shows how you plan to measure the successes and setbacks that come with implementation. Yen Cabag is the Blog Writer of TCK Publishing. Its the reason you exist or what you do.. Remind people of your companys mission, vision, and values to reinforce their importance. Think of it as your roadmap. The HR team and senior management would bend over backwards to identify what would satisfy staff. No matter what, do not dwell on setbacks and remember to celebrate successes. 18 0 obj You want to stretch your limits, but not make them too difficult to reach. Values describe the behaviors you really want to advance, McNerney says. A strategic plan is only effective when the writing and thinking is clear, since the intent is to help an organization keep to its mission through programs and capacity, while also building stakeholder engagement. You need to find the balance between the process and the final product. Others give a brief overview of the book first. If you have a failing project and need to turn it around, this article might help. Then let your strategic planning committee review it. That, if they wish, you could get a verbal foreword. But be careful to not create too many goals. The information provided is for informational purposes only and should not be considered financial, tax, or legal advice. Turn enterprise strategy into functional initiatives with a succinct plan you can easily communicate to stakeholders. I wouldnt attempt to put a definition to the terms. What You Will Learn 1. Forward Foreword is always a noun that refers to comments made before the actual text (usually in a book) and most commonly by someone who is not the author. Strategic plannning software designed for leaders of mid-sized organizations to align, design, execute, and report on their strategic plan. Commitment 2. An example of data being processed may be a unique identifier stored in a cookie. An excerpt is shown below to show you how Mike describes his relationship with Gary: It has been my pleasure to know Gary Wiens since 1985 in a friendship that has gone from mere acquaintance to partnership in ministry. Positioning of the University & Its Ideal Graduates, Positioning of the University and Its Ideal Graduates, Appendix 1 Terms of Reference and Membership List of the Steering Group for the Development of the 2016-2022 Strategic Plan, Appendix 2 - Profile of the Ideal Lingnan Graduate, Key Strategic Areas, Goals and Initiatives. After extensive consultations with various stakeholders of the University, a new Strategic Plan for 2016-2022 has been formulated. Tactic 1.1.1: Identify date and venue. Vision 2. The strategic themes attest to our commitment to achieve excellence through our core functions of creation, dissemination and exchange of knowledge, as well as our duty to engage stakeholders and the community. You will know when you achieve an objective. Build easy-to-navigate business apps in minutes. endobj Schools often have set boundaries, missions, and budgets. Similarly, the University aims to maintain a world-class infrastructure that supports our academic endeavours in an information age. Daily livesEmailSchool projectsResearch paperThesisInternship reportPortfolio, "Acknowledgment" vs "Acknowledgement" | Which one is correct?Acknowledgement vs EmpathyAcknowledgement vs Acceptance - Lessons From History and the BibleAcknowledgement vs Agreement, Free Writing CoursesIntroduction to Academic WritingWriting in English at UniversityAcademic English: Writing Specialization. If you are invited to write a foreword for a friend or colleagues book, consider it an honor! <> "Acknowledgment" vs "Acknowledgement" | Which one is correct? Fifth, design your strategy around these requirements. For example, your goal might be: Increase total revenue by 5 percent in three product areas by the third quarter of 2020. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Here are some tips to help you write an effective foreword: Here are some excerpts of forewords written by influential people for lesser-known authors: This Christian nonficiton book on prayer has a foreword written by Mike Bickle, founder of the International House of Prayer-Kansas City, a very appropriate person to comment on the subject. You dont need dozens of strategic goals. They are set in statement and purpose with no ambiguity about whether you achieve them or not. For example, if your goal is to achieve success as a strategic planner, your objective would be to write all sections of the strategic plan in one month. Four steps to streamline strategic planning Take the Assessment Our Software For Strategic Planning Drive strategy execution across For Strategy Reporting Optimize your For Project Management Manage the right projects, with For Local Government Use ClearPoint to drive efficiency and transparency.
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