Strategic planing documents/ Evaluating Plans.

Question 1

Strategic Planning

Answer 1

a management tool used to set priorities for the future.

Question 2

Strategic Plan should serve as:

Answer 2

Framework for decisions

Inform, motivate and involve staff

Monitor performance through the use of benchmarks

Insight and building block for next future plan

Question 3

What should strategic planing contain?

Answer 3

Vision and mission statements

Set goals and objectives

Strategies and tactics for operations to achieve success

Question 4

VISION STATEMENT

Answer 4

A statement of what you want to achieve in the future.

Question 5

MISSION STATEMENT

Answer 5

Plan of action - culture, values and ethics

Question 6

GOALS

Answer 6

Statements identifying what the business wants to achieve.

Question 7

OBJECTIVES

Answer 7

statements of how to achieve goals.

Question 8

STRATEGIES

Answer 8

Identify how the business will achieve its objectives

Question 9

TACTICS

Answer 9

Are the best tools with which to achieve this.