Effective Planning Helps to Navigate in Difficult Times

The strategic business plan explores key questions about the purpose for being in business. On a regular basis business owners and their teams must answer these questions and agree on the answers. The answers will help in determine the essential elements of the strategic plan. From a business strategy consulting standpoint, the key, broad subjects to be incorporated in a strategic business plan are:


   Mission Statement

   Key Objectives


   Implementation/ action plan and time table


This plan, which includes strategies, actions and responsibilities, becomes the foundation of the firm’s strategic business plan. This is not a document to be completed and left in the desk drawer. It is to be shared with the team and developed into 90 day plans fro the management and team to implement.