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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.
Are you ready to achieve your business's future goals, but unsure of where to start? For many companies, Strategic Planning is an essential, but daunting challenge. Strategic planning can be an intensive process that requires a number of essential resources and time from leaders across the business. Further, without the right solution to bring your plan to life, the plan you spent countless hours on may never make it off the ground. However, when done right, strategic planning can serve as a way to align your teams and drive accountability as your company takes the next steps toward being more efficient and effective.
Elate can guide your team through the types of strategic planning and give you a leg up on the competition. By understanding your business and its current obstacles, your team can create a three to five year plan to prioritize what is most important and beneficial to business operations. So what is strategic planning, and how can you build a plan for your business?
By focusing your business’s energy and resources, strategic planning allows you to establish priorities and strengthen operations within your organization on a quarterly or annual basis. This includes reaching common goals and desired outcomes while adjusting the business’s objectives to effectively respond to challenges it might be facing. To accomplish these outcomes, strategic planning allows your business to grow and develop across departments, which involves taking steps to:
Strategic planning should lead to building a method to implement any changes your business wants to prioritize. Elate provides strategic planning expertise to build an individual plan for your company that meets its needs.
A strategic plan is created by defining your organization's objectives, the steps required to attain those objectives, and any additional developments that come up during the planning process. Employees, consumers, business partners, and investors should be able to easily understand and implement these strategies.
Before you develop your strategic plan, you should assemble a planning team to ensure that your business’s goals and mission are met after improvement. As the process begins, you’ll need to:
After setting up your planning team, you might be wondering, “How do you write a good strategic plan?” These 5 key elements of strategic planning will ensure your business builds an effective plan of action.
After the plan is completed, you’ll need to take steps to implement and refine the plan to adjust for any roadblocks or other opportunities.
If you’re looking to develop a strategic plan, Elate is the best software for businesses to realize their vision and track performance in one place. You can cut down on the manual work and allocate resources to ensure your business is running smoothly.
Once you’ve created the planning team, it’s time to introduce it to the company and board of directors for approval and implementation. The presentation should provide an overview of the plan itself and the steps to take action. Preparing for the meeting to communicate the plan is key to the successful start and effectiveness of the strategic steps you’ve laid out. Here are a few things to consider when arranging your meeting:
Elate is the all in one platform that brings your strategy to life. Built by Strategy and Operations Leaders, for Strategy and Operations Leaders, Elate helps high growth companies build, execute, and review their strategic plan to drive alignment and visibility like never before. We strive to help you build and implement the best strategic plan for your business to reach its goals. We give you a competitive advantage by aligning your team with collaborative software and providing progress tracking toward your goals with full transparency. Visit our website for more information about how we can help your business.