Having a strategic plan in place gives your employees something to work towards.
No doubt you’ve heard the word “strategy” being thrown around like a frisbee at a cookout. It’s easy to say “we need a strategy” but not so easy to create one. Strategy is a big word, with big meaning. It’s not an easy thing to do, which is why it’s so valuable.
Working like a roadmap, a strategic plan finds the best route for your company to take in the months ahead, meeting the challenges that lie in wait. Strategic planning can help your company develop the right goals and targets and help everyone focus their efforts into meeting them.
Taking the time to establish a comprehensive strategic plan means your company has a better awareness of its strengths and weaknesses and where it stands in the market, both individually and in relation to competitors.
Having a strategic plan in place gives your employees something to work towards. With a definitive mission and clear goals and objectives to work towards, employees will know their efforts count towards something and will be motivated to create shared outcomes.
What are the benefits of a strategic planning retreat?
- Identify your strengths and weaknesses, threats and opportunities.
- Get really, really, really clear on your vision.
- Map out your objectives.
- Execute your objectives my establishing measurable actions.