Foreword vs. 17 0 obj 3 Strategic Plan 2015 - 2020 Foreword . Establish Your Strategic Position. Lets take a moment to discuss how a foreword differs from the preface. Second, the business plan is a requirement if you are planning to seek loan funds. Streamline requests, process ticketing, and more. Foreword. Are your targets realistic and time-bound? Even with the differences, the same planning process and structure should be in place for schools as it is for other types of organizations. Go deeper than saying family, happiness, and health. We are investing to build a better future for the Hong Kong, regional and global communities. In addition to the basic sections that go into any strategic plan, when forecasting five years into the future, put one- and three-year checkpoints into the plan so you can track progress intermittently. Were glad you found Yens post helpful, Oberlene. <> As a research-led university we shall continue to engage in cutting-edge research, especially in those interdisciplinary areas identified as our strengths, not only to make an intellectual impact internationally but also to benefit humankind in addressing challenges and societal needs locally, regionally and globally. Stakeholders can be great strategists. It can even involve immersing yourself in the stakeholder experience by going through it, e.g. Strategic Planning first made a significant appearance on the radar screen of managers in the early 1970's. However, when it first appeared as an organizational technique, the concept of strategic planning was received with considerable skepticism from some corners. If you need assistance writing a comprehensive implementation plan for your organization, this article can guide you through the process. Pinpointing values will help you figure out the traits of the people you want to hire and promote, as well as the qualities youre looking for in your customers. Strategic plannning software designed for leaders of mid-sized organizations to align, design, execute, and report on their strategic plan. Report: Empowering Employees to Drive Innovation, The Difference Between Mission and Vision Statements, How to Write Strategic Plan Goals and Objectives, How to Write about Capacity, Operations Plans, Marketing Plans, and Financial Plans, Writing Different Types of Strategic Plans, How to Write a Strategic Plan for a Nonprofit, How to Write a Strategic Plan for a School, How to Write a Departmental Strategic Plan, How to Write a Strategic Plan for a Project, Improve Strategic Planning with Real-Time Work Management in Smartsheet, Strategic Planning for Public and Nonprofit Organizations: A Guide to Strengthening and Sustaining Organizational Achievement, Focuses what your organization does today, Focuses on what you want your company to become, Should not change often since it is linked to companys foundation. [If you dont do a thorough industry analysis], youre doing your planning with your head in the sand. Execute: Now that the plan is in place, it's time to execute it. Some managers felt that the idea of actually being able to exert significant One of the first steps is committing to a process, then determining how you're going to do it," McNerney explains. It has been said that the shortest distance between two points is clarity, and this strategic planning cycle brings about clarity. It should encourage and inspire employees while setting your companys direction. What do you want to do more or less? Client focus 3. Kick-Off Meeting: 1 hr. FOREWORD The thesis demonstrates the student's ability to understand. You can also create a strategic plan to help guide both your professional and personal life. Formal planning has helped mobilize and motivate organizations in the achievement of goals and objectives. Guide To Writing A Strategic Plan 1. In addition to a SWOT analysis and other sections that go into any strategic plan, a nonprofit needs to keep an eye on changing factors, such as funding. It then built strategy based on these customers opinions. Commitment 2. He adds that focusing on one KPI can hurt other areas of a companys performance, so reaching a goal can be short-sided. I am sure you came up with a strategy based on several tested frameworks or concepts. Each proposal must be planned out before a word is written. As we stride forward into our golden jubilee, it is an opportune time for us to consolidate our strengths and identify opportunities for further development, so as to steer the University to the next level of excellence. A nonprofit has to make the community care about its cause. Tactic 1.1.2: Develop agenda. Business architecture is important, which Stockmal says is building the capabilities the organization needs to fulfill its strategy. He adds that nothing happens if there is no budget workers to do the work necessary to drive change. Consider the company mission The mission for a business describes what the company does. The answers to this question help you identify your goals for the future of the business and assess whether your current trajectory is the future you want. It also helps you rule out elements that might not align with your vision. May I thank you heartily for taking an interest in the future of CUHK and the communities we serve. If you have a plan thats really lengthy, you should have a summary, says Jim Stockmal, President of the Association for Strategic Planning (ASP). These outside helpers are sometimes more effective than internal facilitators since they are not emotionally invested in the outcome of the process. The foreword is an explanation of how important your book is, or why the person writing the foreword believes you are the right person to create such a book, or what about the book especially moved or influenced the person writing the foreword. Its important for facilitators to lead by asking questions, Bryson says. You will learn that the reader's wants and needs come first - before your need for self-promotion. Once you know what is important to you, come up with a personal mission statement that reflects the values you cherish. <> Take the example of a dairy cooperative I worked with recently. <> This planning assures a deep consideration of the audience, the most effective structure, and persuasive content. This template can help your university or school outline your strategic plan. Isolating the target customer has massive implications, including in other stakeholder groups. Values describe the behaviors you really want to advance, McNerney says. Some writers like to offer a brief summary, while others prefer to highlight their favorite parts of the book. Do not abandon this at the first sight of the unexpected. Download Nonprofit Strategic Plan Template. Focus on specific key initiatives and actions for your function. It takes some time and money to do [a thorough industry analysis], but the lack of that understanding says a lot about the future of your organization. (updated July 17, 2021). :). Students are always our first priority at Lingnan as we pride ourselves on transforming young hearts and minds through a unique learning experience. Turn enterprise strategy into functional initiatives with a succinct plan you can easily communicate to stakeholders. Introduce yourself. A marketing plan describes how you attract prospects and convert them into customers. It provides additional information or insight about the book or the author. Strong mission statements can help differentiate your company from your competitors and keep you on track toward your goals. And in a small business, like a convenience store, it initially is: customers, employees, suppliers, and owners. Resource identification. They set out your priorities and initiatives, and therefore are critical elements and define what your plan will accomplish. I am sure that, with the collaboration of our talented staff, students, alumni, friends, and supporters, the goals we aspire to accomplish will in time translate into milestones of which we can be proud. Then you could draft up their words into a foreword, and ask them to just tweak and sign off. Take the case of a recent client of mine, an architectural firm. While this may seem basic, the company description changes as your company grows and changes. Mission statements are about the present, and vision statements are about the future. View your strategic as being locked in an intimate tango with your key stakeholders. Mission statements should do the following: Define your companys purpose. Goals should be precise and concise statements, not long narratives. <> Were so glad you found it helpful, Mike! Avoid broad statements that could apply to any company or industry. By utilizing a more logical, systematic, and objective approach, these organizations are more proactive than reactive in shaping their own future. The Strategic Plan represents the concerted efforts of the University stakeholders, whose valuable input has been incorporated in this document. They are action items, often with start and end dates. One of the first steps is committing to a process, then determining how youre going to do it, McNerney explains. <> Here's what you can include: 1. 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. Explore modern project and portfolio management. Write a friendly letter to the book's ideal reader. Values Move faster with templates, integrations, and more. That, if they wish, you could get a verbal foreword. There are both internal and external values looking at your employees and coworkers, as well as customers and outside stakeholders. :) Were you unable to view the foreword excerpts for The Courage Map and Bridal Intercession? What do they have in common? The operations plan maps out your initiatives and shows you who is going to do what, when, and how. How do we make sure that your foreword has an impact? Joe Weller, April 12, 2019 Strategy design, your fifth step, involves deciding what your organizations positions will be on the identified strategic factors for each key stakeholder group. The information provided is for informational purposes only and should not be considered financial, tax, or legal advice. Daily livesEmailSchool projectsResearch paperThesisInternship reportPortfolio, "Acknowledgment" vs "Acknowledgement" | Which one is correct?Acknowledgement vs EmpathyAcknowledgement vs Acceptance - Lessons From History and the BibleAcknowledgement vs Agreement, Free Writing CoursesIntroduction to Academic WritingWriting in English at UniversityAcademic English: Writing Specialization. Many people confuse goals and objectives, thinking the terms are interchangeable, but many argue that the two are distinct. Because it functions as a review of the entire document, write the executive summary after you complete the rest of your strategic plan. These are the key elements that you need to include in the foreword if youve been asked to write one: This is where you introduce yourself and your relationship with the author. In a three-year plan, the goals and objectives have a shorter timeframe and you need to monitor them more frequently. The idea is to pique the readers interest and get them to read the rest of the plan. In addition to your strategic plan, I recommend you develop a comprehensive marketing plan describing how you will attract prospects, convert them to paying customers . A strategic plan is for the big picture, not for a particular project for an organization. endobj 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. She has also written several books, both fiction and nonfiction. <> Collaborative Work Management Tools, Q4 2022, Strategic Portfolio Management Tools, Q4 2020. Because you will be looking at your strengths and weaknesses, you might see things you do not like. Strategic planning is a prompt or a facilitator for fostering strategic thinking, acting, and learning, says Bryson. A strategic plan is a dynamic document or presentation that details your companys present situation, outlines your future plans, and shows you how the company can get there. She recommends coming up with a kind of glossary that defines the terms for your team. Package your entire business program or project into a WorkApp in minutes. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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