Strategic Planning
What is strategic planning
Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's
Why is strategic planning important
Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Strategic planning is a tool that is useful for guiding day-to-day decisions and also for evaluating progress and changing approaches when moving forward.
Stages of planning
The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.
- Clarify Your Vision. The purpose of goal-setting is to clarify the vision for your business. ...
- Gather and Analyze Information. ...
- Formulate a Strategy. ...
- Implement Your Strategy. ...
- Evaluate and Control.
Bringing Organizations Together With Strategic Partnership
WHY ARE STRATEGIC PARTNERSHIPS IMPORTANT
There are many different facets to the equine industry. Groups mainly work independently of each other, while needing each other. We bridge the gap between equine groups, associations and disciplines to bring the equine community together. We have extensive experience crossing over with breeders, associations and rescue organizations to find common ground to work together.
1. Strategic Partnerships Give You A Competitive Edge
You have heard, “two heads are better than one,” and nothing could be more true then when it comes to strategic partnerships. Working within a partnership with a genuine win-win intention can give you the edge you need.
2. Strategic Partnerships Gives You Access to Resources
Think of all the resources you use to ensure the success and continued growth. Imagine the potential your you could reach if you were able to take advantage of other's expertise and resources.
3. Strategic Partnerships Grow Your Customer Base
Growing your customer base is important to take you to new levels. If you’re struggling to capture the interest of new customers, a strategic partnership could be the answer.
4. Strategic Partnerships Gives You Access to New Services
Access to new or different ideas, materials, and expertise will give you the opportunity to improve your product and create new ones.
5. Strategic Partnerships Help You Reach New Markets
Sometimes growing requires expanding into a new markets, whether that is geographically or otherwise.
6. Strategic Partnerships Strengthen You
It’s clear that the benefits of strategic partnerships are many and diverse. A functional partnership can strengthen the weaker aspects of your organization, so you can grow and expand in a way that would have been impossible on your own.
Finding Strategic Partners
Finding and securing your ideal strategic partner can be intimidating and overwhelming. We can help you find and form beneficial partnership and talk you through everything you need to know in order to successfully navigate the wonderful world of strategic partnerships.
