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Elate puts everything you need to build your Strategic Plan right at your fingertips. From setting your long-term vision and annual goals to tracking quarterly objectives, it’s never been easier to create a plan that helps you reach your goals.
Rather than working out of dozens of spreadsheets or endless presentations, Elate helps you build a simple, intuitive plan that can be easily shared with team members.
A strategic planning model is how a business turns goals and aspirations into an action plan. Leaders and founders are often looking for one single model that is guaranteed to unlock success. No one approach to strategic planning is right for all businesses. However, there is a strategic planning process model that can work for every business. Read on for some different types of the strategic planning process with examples to guide your thinking, and the elements that can’t be left out of any model.
Seven elements every strategic plan includes are the company vision, company mission, business and market analysis, core values, goals, objectives, and the action plan.
Now that you know what is generally included in a strategic plan, let’s get to the different strategic planning model examples.
Strategic planning models can be categorized in three types: metrics-based, goals-based, and issues-based.
Companies may use just one basic strategic planning model or combine several to meet their needs.
It is worth reiterating that none of these approaches exist in a vacuum. Without metrics, you can’t measure progress toward a goal. And without a goal for improvement, why continue tracking data? If you aren’t addressing one or more issues, there would be no need for a plan to begin with. Elate was created to exist at the center of these converging needs, making it easier than ever for companies to create, implement, and celebrate the success of their strategic plans.
Elate partners with strategic and operational leaders to not only create world-class strategic plans, but also support companies through the execution of their efforts. Our strategic planning solution helps team members at all levels focus on their objectives without losing sight of the overall vision. Secure integrations with tools like Slack, Microsoft Teams, HubSpot, the Google Suite, and more help the new strategic vision become a natural part of the workflow. And, if you are looking for a second set of eyes on your plan, we also offer strategic planning consulting to help you establish internal alignment and clear communication. As you set out on your exciting growth journey, Elate is here to help every step of the way. Request a demo today!