Develop Strategic Goals and Objectives 7. Readiness assessment. Deliver project consistency and visibility at scale. I am delighted to present to you the CUHK Strategic Plan 20162020, which outlines the strategic visions and goals we have identified to help the University realize its full potential and better fulfil its mission to serve the society as Hong Kong citizens as well as the wider community as global citizens. Some funding sources have finite beginnings and endings. 19 0 obj Then let your strategic planning committee review it. You cant be sure, for instance, in the case of the manufacturer of specialized air conditioners, that ramping up technical support pre- and post-sale will drive more revenue. I like the idea that the real plan is not the output format, but what's supposed to happen, and why, and when, and how much money. These are the key decision-making criteria that stakeholders use when interacting with your business. Dont plan so much that you ignore how you are going to put the plan into action. Copyright 2019. <> Empower your people to go above and beyond with a flexible platform designed to match the needs of your team and adapt as those needs change. I have watched his children become established as godly young people, and have appreciated deeply the contributions this family has brought to this city, first to Metro Christian Fellowship, and now to the House of Prayer. Phase 2: Implement a strategic planning framework to guide the plan's management and execution. <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 19 0 R/Group<>/Tabs/S/StructParents 2>> A strategic plan is for the big picture, not for a particular project for an organization. However, it can be written by the author himself as well if needed. Always being on the move does not mean you will reach your objectives faster. A foreword is a short chapter that's included in a book's front matter. If you distribute it outside of your company, you might want to attach a confidentiality waiver. One important element that nonfiction authors may want to include is a foreword. Theyre so used to thinking operationally rather than strategically that putting self first seems like heresy. If you are unsure if your book needs a foreword, then it does not. You can use templates as your references if you want to come up with a nursing strategic plan that is polished and formal looking. This is actually quite effective. Foreword Samples for Thesis and Report (6+ Examples) The content provided in the foreword should introduce the reader to the author or work, explain why the reader should read the book, and give the book or author credibility. Look at the positive instead of what you will give up. Here are the top six key components for building a killer strategic plan for your business. Every KPI must have some sort of measure. The areas above the red dotted line are the strategic parts of the plan. Ive assisted a rural bank which decided that its target customer was commercial family farms. This ruled out large corporate farms and hobby farms. Think of the acronym SMART when writing objectives: Make them specific, measurable, achievable, realistic/relevant, and time-bound. Get answers to common questions or open up a support case. Be wary of cutting and pasting either from plans from past years or from other similar organizations. Use the goal example from earlier: Increase total revenue by 5 percent in three product areas by the third quarter of 2020. The plan to publish "Our Journey Together" came together quickly, after Ms. Craighead had already selected a book agent and negotiated a contract to publish her own book and secured a . [1] Identify what your organization stands for, what it hopes to accomplish, what its responsibilities are, what segment of the population it wishes to cater to and work with, how it wants to be viewed and what type of growth it wants to experience. Create Awesome Documents and Visuals With Template.net. Growth 4. Take the example of a dairy cooperative I worked with recently. In this article, youll learn the basics of writing a strategic plan, what to include, common challenges, and more. [3] I. The writer of the foreword offers his or her integrity and credibility to the author, convincing others to read the book. In this post, well take a look at how to write a foreword if youve been asked to write one for a book, plus real foreword examples. Most of your resources will fall into three categories: money, people, and assets. These are the key decision-making criteria that stakeholders use when interacting with your business. Get in front of employees and present the plan [to get everyone involved]. Hofmeyer explains his research has shown that people stay with companies not always because of money, but often because they buy into the organizations vision and want to play a part in helping it get where it wants to go. Include a section in your strategic plan where you talk about the capacity of your organization. Introduce yourself. [2] 2 Write a mission statement. This process takes time and reflection. Next, you have to determine how to get there, via a few different objectives that support each goal. Align campaigns, creative operations, and more. If you choose to shortchange the process [and not talk about capacity and finances], you need to know what the consequences will be, explains McNerney. It can even involve immersing yourself in the stakeholder experience by going through it, e.g. Her passion is to see the next generation of children become lovers of reading and learning in the midst of short attention spans. Now that you understand how it works best, you can move forward to the next phase of your book writing: preparing the front matter and moving closer to publishing! (This is a necessity, because strategy execution is a lot more challenging than it might seem.) Did you find this post helpful? Too often, organizations simply throw out words that they think will sound good in a glossy marketing brochure but have little relevance to the real world. What some people call a goal, others call an objective. Performing this analysis will help you figure out what you do best and how you compare to your competition. When writing your performance indicators, pay attention to the following: Define how often you need to report results. She uses a basic diagram that she calls the strategic plan architecture. Your team should be able to easily understand and repeat the companys vision statement. This is also where you can remind your readers what they can get out of the book. <> 7 0 obj Plan projects, automate workflows, and align teams. If the book is a funny, comedic piece, inject humor into your foreword too. But there is a fine line between being ambitious and creating a fantasy. It also helps you rule out elements that might not align with your vision. Nowhere is this more apparent than with the stakeholder employees.. Offer a 15-minute call to ask them some questions, interview style. One tip: Try to avoid jargon and generic terms; for example, words like maximize and succeed lose their punch. Identify your key competitors, and define what you see as their strengths and weaknesses. I could not know the areas to concentrate on. Youre very welcome, were so glad you found the post helpful :). Other terms similar to KPIs include performance measures and performance indicators. Question: Is it necessary for the person writing your foreword to sate the city and state where they live? You will learn why the foreword is an essential selling tool for the book. Sign your name at the endbecause the foreword of a book is essentially a letter of endorsement written to the reader! <> Tactic 1.1.1: Identify date and venue. Additionally, remember that there are many terms for the same object in strategic planning. And, the best way to do so is through the process of planning. You will learn to create a book foreword in four easy steps. Is it cost-effective to collect that data? Try Smartsheet for free, today. Thanks for reading! This could include management, the board of directors, owners, and more. Once you know what you do well, you can exploit your strengths to your advantage. Are you satisfied? For example, a substance abuse prevention coalition is trying to keep teens from starting to drink or use drugs, and proving the coalitions methods work is often difficult to quantify. Since September 11, 2001, the United States has established a strong and sophisticated counterterrorism enterprise to reduce the threat of large-scale terrorist attacks on the homeland. These steps can help you with this process: 1. Writing a winning proposal means writing for the client and providing a clear, valuable solution to their problem. If you hold a meeting, make sure you and other key planners are prepared to handle the feedback and discussion that will arise. <> A summary of it should go into your strategic plan. It provides some sort of insight about both the author and the book itself, either through the writer's personal or professional relationship with the author; or, through the writer's connection to the topic or field. Be prepared for what you discover about yourself. In a three-year plan, the goals and objectives have a shorter timeframe and you need to monitor them more frequently. This helps transform your goals and objectives into a reality. Consider the company mission The mission for a business describes what the company does. ElA)Z{%e,M |+a12%7(sF_bnXg_ Strategic Planning Committee and its Sub-Committees, Foreword from the Vice-Chancellor and President. Team troubles can also occur when one or more members does not think the plan is important or does not buy into the process. After extensive consultations with various stakeholders of the University, a new Strategic Plan for 2016-2022 has been formulated. If you are going to write a foreword for your readers, it is important that you write for the book's target market. Privacy Policy | Advertising Disclosure | Disclaimers | Terms and Conditions. Team leaders need to take care of these troubles before they get out of hand. 8 0 obj This template can help your university or school outline your strategic plan. All rights reserved. Thank you, Yen! Then you could draft up their words into a foreword, and ask them to just tweak and sign off. Establish Your Strategic Position. Writing a strategic plan can be daunting, as the process includes many steps. The company description should include the history of your company, the major products and services you provide, and any highlights and accomplishments, and it should accomplish the following: Highlight what makes your company unique. Estimated Duration. Sometimes you think you know where you want to go, but youre not really sure, McNerney says. Some should go out five to 10 years, others will be shorter some significantly so. Richard Branson wrote the foreword for this new book on self-improvement and learning to live boldly: Ive always had a love for adventure, and Ive been blessed to share many of them with my family and friends. This section is the bulk of your strategic plan. Drawing on over 30 years of experience coaching and mentoring business leaders, Peter Duncan and Robert Bradford have written an invaluable guide to your success as a business leader. Recognize what's holding you back from reaching your objectives. Its important for facilitators to lead by asking questions, Bryson says. Second, identify a specific, very important key stakeholder: your target customer. He always writes summaries last, after he has all the data and information he needs for the plan. Overcoming adversity is one way for companies to grow. You need to have flexibility both on the plan content and in the process.. Next, identify your target customers. That said, make the effort to edit and refine your mission statement. You can too if you become systematic in your approach. Formal planning has helped mobilize and motivate organizations in the achievement of goals and objectives. A foreword is optional. Strategic plans are not static documents they change as new circumstances arise, both internally and externally. iBossWell, Inc.s McNerney reiterates that there are not hard and fast definitions for the terms goals and objectives, as well as many other strategic planning concepts. Its like drawing a map for your company. Just as the preface is designed to get the plan read, the first few. Objectives are the turn-by-turn directions of how to achieve your goals. Whether you are a nonprofit, a school, or a for-profit entity, strategic plans will look at where you are and how you will get to where you want to go. A strategic plan is like a road map that gets you where you are aiming to be. EdUHK Strategic Plan 2016-2025 Council Chairman's Foreword Strategic planning is indispensable for any organisation. No matter what, do not dwell on setbacks and remember to celebrate successes. We have helped over one million people as they write their way through this world. You need to make sure someone is good, so there needs to be a vetting process, he says. Sometimes, its a good idea to hire an external party to help facilitate the strategic planning process. Tap them in designing strategy. Isolating the target customer has massive implications, including in other stakeholder groups. You can use these foreword samples as a guide to writing your foreword for your own papers or books. But first, let us briefly discuss what a foreword is and why and where we should write a foreword. Improvingour research pe rfo rmance AsaRussellGroupinstitution, researchisatthecoreofeverything wedoandisfundamentaltoourfuture success. No-code required. If you want a one-page executive summary, this template can help you decide what information to include. A strategic plan is a key guiding document for any school, and can have far-reaching effects. They are set in statement and purpose with no ambiguity about whether you achieve them or not. Writing about your industry helps you identify new opportunities for growth and shows you how you need to change in order to take advantage of those opportunities. Determine organizational readiness. Your plan has to be aligned with your culture and your culture needs to be aligned with your plan if youre going to be successful in implementing it.. "Acknowledgment" vs "Acknowledgement" | Which one is correct? However, you will likely need to include some basic sections, regardless of the particular method you choose (even if the order and way you present them vary). 7. An essential second step, and one that Ive been guilty of not stressing enough with clients, comes with the word target. Its vitally important to identify your target customer before moving forward. Unusually, for these documents, it's a creatively presented and well branded document, and it includes a foreword from the HR Director, (including a picture), giving it a more personal touch. the thesis serves as a bridge between student and working life. Deliver results faster with Smartsheet Gov. Download Nonprofit Strategic Plan Template. You can choose from many templates to help you write this section. A KPI dashboard can help you set up and track your performance and for more information about setting up a KPI dashboard, this article can help. Download Strategic Plan Sections Checklist. The sooner you can grab and hold the reader's attention, the better. Do not abandon this at the first sight of the unexpected. Fifth, design your strategy around these requirements. How are matters inside your company? Recognize that no matter what you decide, there is no certainty in the result once you embark on implementation via an action plan and scorecard. It was a national distributor of milk and other dairy products and in it, farmers occupied two roles. That, if they wish, you could get a verbal foreword. The group should include people from various departments at different levels, and the planning process should be an open, free discussion within the group. Foreword vs. Create a simple one-page view that's both easy to follow and communicate. 13 0 obj Objectives: Objectives support goals, and theyre usually quantitative and measurable. Company core values, sometimes called organizational values, help you understand what drives the company to do what it does. Once you get the knotty key-stakeholder problem sorted out you can move on but not too fast. 2023. Flattery has no room in the foreword. Mission 3. Translate enterprise ambitions into a strategic plan your function can actually use. Owner/CEO, Strategy Director. Over the years, Lingnan University's outstanding teaching, learning, scholarship and community engagement have demonstrated the values of its liberal arts education in Hong Kong's higher education sector. The process of formulating a new Strategic Plan at CUHK has given us the opportunities to take stock on past successes and failures, to determine our visions and future goals in the light of challenges ahead, and to put forward strategies for our developments not only in response to changing needs but also as an active and participating agent to apply and produce professional results in his/her own field. Do you have the team members to accomplish the objectives you have outlined in order to reach your goals? Move faster with templates, integrations, and more. This book will teach you how to develop your own approach to strategic planning, one that captures the spirit of what Welch so clearly embodies in his leadership. What do you want to do more or less? The industry analysis carries a price, but also provides many benefits. Strategic plannning software designed for leaders of mid-sized organizations to align, design, execute, and report on their strategic plan. I viewed several sources today but this site was the most helpful. endobj This may seem obvious, but the person who wants to win a marathon needs to possess a fine balance of long-term strategy and shorter-term tactics to overcome the challenge. Check out these templates to help you get started with a financial plan. Without it, the process cannot succeed. Below the red dotted line are the implementation pieces. See how you can align global teams, build and scale business-driven solutions, and enable IT to manage risk and maintain compliance on the platform for dynamic work. It tells you and your team where you're going as a company and how to get there. Here are some tips to help you write an effective foreword: Stay honest. Ourperformanceisonan You will learn what questions you should be asking yourself before writing a book's foreword. You may think that this will be easy. An excerpt is shown below to show you how Mike describes his relationship with Gary: It has been my pleasure to know Gary Wiens since 1985 in a friendship that has gone from mere acquaintance to partnership in ministry. This will involve a lot of ongoing management to ensure everyone stays on task. As it does within a business, this statement will help guide you in making future decisions. Take the case of a recent client of mine, an architectural firm. Many strategic plans arent strategic, or even plans. We described these as: farmers-as-shareholders and farmers-as-suppliers. Im so glad you found it helpful for your friends foreword! Most of the time, you will not have to go into too much detail. [If you dont do a thorough industry analysis], youre doing your planning with your head in the sand. What Is a Preface? Flattery has no room in the foreword. Improve efficiency and patient experiences. Earn badges to share on LinkedIn and your resume. Part of this initiative includes leveraging our wealth of experience in liberal arts education and our research excellence to collaborate with eminent universities, offer more distinct degree programmes, provide research opportunities for outstanding students across the world, and elevate our reputation in the international arena. Happy writing :). Its imperative to make sure the mission statement accurately fits the organization. So when Franziska told me about her motorbike journey along the Silk Road, I was intrigued. Say what you do, who you do it for, and why it is valuable. endobj Others share an anecdote, which may help endear the readers to the author. Using these terms, strategies describe an approach or method you will use to achieve an objective. Find a partner or join our award-winning program. Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale. In this blog post, I will be sharing some examples of Foreword that you can use for your book, Report, thesis, or Research Paper. Quickly automate repetitive tasks and processes. How do we link our purposes to our capabilities? &*d8Egz\co/{G The fourth step is to identify what these stakeholder groups want from you. Connect everyone on one collaborative platform. Thank you for a useful and succinct guide to writing a foreword, I have been struggling with a request for some time. The terms are all over the map. <> Look at each person separately and consider their core competencies, strengths, capabilities, and weaknesses. Usually, somebody with greater known expertise or authority on the subject writes the foreword, lending credibility to a lesser-known author.