Summary:

The great start to the success of your business strategic planning process is to identify the foundation upon which your business was built. A well defined mission statement and equally communicated vision statement identifying your desired future will make the job much easier. Businesses that set goals relating directly to their mission and vision statements excel over businesses that lack these defined statements.

Both these statements help focus a business in terms of direction, leadership, and goal-setting ; mission and vision statements are the basis for your organization’s strategic planning. Vision and mission statments need to be communicated to customers, employees, and stockholders.

Once the plan of action is decided upon, objectives should be broken down into actionable tasks that integrate into monthly, weekly, or daily activities. Working the plan in this manner keeps it active and assists leadership in making course corrections when internal and external factors present themselves.

Article Quote:

“A periodic review by management of your strategic planning actions will let you know if you have chosen the right strategic activities for your business. Additionally you can also make sure that the strategic planning activities you have chosen to implement are all supportive of your mission and vision statements. Use your mission and vision statements to chart and stay the course.”

Link: http://gfa-ng.com/vision/strategic-planning-begins-with-a-mission-statement-and-a-vision-statement.htm

Mission and vision statements help the organization by providing a foundation from which to begin the strategic planning process. Choose two to three clearly defined goals or objectives, then develop a plan of action. Leadership that can effectively communicating both the strategic plan and each individual’s part in achieving the plan improves results.

For more on strategic planning, see http://www.performancesolutionstech.com/category/strategicplanning/