Strategy and Planning
It is necessary for organisations to have a strategy to ensure an appropriate organisational structure, together with effective and efficient systems. A company that has developed a strategy reduces its risk of failure and increases its chance of success.
The strategic plan is a creative, original and rigorous thinking process, supported by tools, frameworks and documents. The formats of strategic plans vary but they all contain common elements – where we wish the organisation to be, where we are starting from and how we are going to achieve our vision, together with milestones, responsibilities, risks and performance measurement.
Guidance Notes
Examples
