Strong 3 year strategic plans help you grow revenue and stay competitive and not caught up in the short term day to day management of your company.Download our 3 year strategic growth initiatives template.
These 3-year strategic business plans help your company grow and sharpen your competitive advantage.
It is this business strategy that sets you apart from the competition.
Watch the video to find out how winning moves help you grow with purpose and achieve your long-term These are the strategic capabilities you’ll need to develop in order to support your growth and reach your 3-5 year Targets.
These are usually operational in nature or related to your infrastructure and help you while scaling up.
Your operating plan describes goals and activities over the coming fiscal year. Be sure you assign responsibilities and a systematic process for measuring progress.
Describe how you will communicate the plan to key stakeholders.Your goal here is to set your Targets and identify the Strategic Growth Initiatives (Winning Moves) and Scaling Initiatives (Winning Moves for Profit) you’ll need to develop in order to hit those Targets and move in the direction of achieving your BHAG.Be sure to include the year you that believe you will hit those Revenue Targets so that you can hold each other accountable.Some examples of Winning Moves for Profit include the following: Winning Moves are your company’s leading indicator of future revenue growth and financial health.Conversely, lack of Winning Moves is the leading indicator that you will hit the growth ceiling and stall. These are the steps to identify the 1-3 Winning Moves you want to include in your 3-5 year plan.Your action plan outlines responsibilities and timelines.Present your budget plan which details resources and funding needed to achieve your strategic goals.This section provides your reader with an overview of strengths, weaknesses, opportunities and threats.It's a good idea to present the material as an internal analysis and an external environment analysis.Be sure that you clearly identify issues that you want to tackle.List your overall strategies, such as gaining market share and the specific tactics that will help you get there.