Strategic planning definitions and examples

Core values. Check out, as an example, Uber’s core values;

Envisioning and long-term goals. For a discussion and ‘lessons learned from ‘Lands’ End’ envisioning,

Strategic planning workshop(s). The best way of increasing the odds of securing a ‘buy in’. ‘Strategy and Innovation Management’

Risk. For discussion of innovation risk at the Board level.

Action planning. Once referred to as MBO (Management by Objectives as well as the Do-it-yourself hang man’s kit); may have fallen out of common use but Google uses its own version.

Governance.  Refers to the process of making decisions which define the expectations, systems and approach to management.

Measuring progress.  Follow up on plans is key. There are so many ways to measure!