One of my favorite exercises for entrepreneurs is putting together a one page strategic plan. The exercise only takes an hour for a rough draft and provides immense value. Generally, the idea is to capture as much pertinent company information as possible on the front side of one piece of paper, preferably as a living Google Doc (Google Doc template), and refreshed on a quarterly basis.
Here are the categories:
- S.W.O.T. Analysis
– Strengths
– Weaknesses
– Opportunities
– Threats - Core Values
- Purpose
- Three Year Target
- Annuals Goals
– Goal 1
– Goal 2
– Goal 3 - Quarterly Goals
– Goal 1
– Goal 2
– Goal 3 - Quarterly Priority Projects
- Market
- Brand Promise
- Elevator Pitch
So, if you don’t do anything else this week, please, please, please put one together based on the Google Doc template and share it with everyone inside and outside your organization.
What else? What are your thoughts on putting together a one page strategic plan, especially as part of the start of a new year?
Extremely valuable insight and exercise David! Thanks for sharing !
Great idea … also reminds me a bit of Winston Churchill’s admonition “action this day”
david luv the one page strategic plan. good friend verne harnish gazelles has a simliar one. key to the one page plan I think is the quarterly themes that the team drives for and then regular rythm and pulse with the team to keep on…… Great example…