You’ve likely heard of famous strategic models such as OKRs.
But beyond the well-known ones, there’s also a myriad of other models ranging from extremely simple, to bewilderingly complicated.
Subsequent parts of the series will show you how to actually create the content for your strategic plan.
You can download our free 'How To Write a Strategic Plan' e Book which contains all of the articles from the series...
) - simply follow the steps outlined here and you'll have written a strategic plan to be proud of before you know it.
This article is part one of our mini series 'How to Write a Strategic Plan'.This guide will teach you how to write a strategic plan using a simple model that will help you to define precisely what you want to achieve and how you're going to get there.Whether or not you're using a strategic planning software like Cascade, or going old-school with Excel (or even pen and paper!Do not start your strategic plan without defining your Vision Statement!Lots of articles have been written about the value of a good Vision Statement - but we'll summarize as follows: One of the biggest blockers to the successful execution of a strategic plan is when it tries to achieve too much in one go.The need for basic rules about how you want those people to work together is no different as to why the game of soccer needs rules.They exist to give a common purpose to your team (scoring goals), and to provide boundaries as to what people can to do achieve that purpose (no foul play).It's fairly self-explanatory, but we'll explore the individual components in a moment.Your vision statement defines where you want to get to.Writing a strategic plan can be a daunting process, even for seasoned strategy professionals.However, if you have an intimate knowledge of your business, and have a clear strategic model to follow, writing a strategic plan is actually surprisingly easy.