As we cruise past the midway point in the calendar year, it’s essential to take a moment to reassess and realign our goals. The pace of business demands agility, and ensuring that your objectives still align with your “why” is crucial for sustained success. According to a study by McKinsey, companies that frequently revisit and realign their strategic plans outperform those that don’t by 30%.
My Strategic Plan Review template can help you refocus and, if needed, recommit to what matters most for your organization’s success.
Key Steps in the Strategic Review Process:
1. Evaluate Goals:
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- Gather your team for a collaborative discussion.
- Review the progress of your initial goals.
- Discuss the relevance and impact of each goal in the current business environment.
2. Identify Critical Goals:
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- Use a precise rating system to prioritize goals based on their importance and feasibility.
- Focus on a few high-impact goals to ensure effective execution.
- Reallocate resources to support these critical goals.
3. Assess Risks:
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- Identify potential challenges and obstacles.
- Develop risk mitigation strategies.
- Assign responsibility for monitoring and managing these risks.
Need some additional resources? Download my Strategic Plan Review template for detailed guidance.
Strategic Plan Review Template
Cheering you on,
