Establishing a strategic plan is a most fundamental document. It should contain the goals and objectives. It should identify strengths, weaknesses, opportunities and threats. These are all based on the vision, mission and values of the organization. For a technical, research organization, the strategic plan should also show the quantitative benefits and risks of the goals and objectives. Together, these form a strong foundation for the roadmap to success.
A strategic plan, therefore, is not static. Nor is it changed every day. Finding the right balance for this roadmap is as critical as the document itself.
What are the key elements to consider?
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