This podcast episode focuses on creating an integral annual strategic business plan that aligns all departments and improves growth. We discuss the importance of a detailed review from the past year, setting collaborative goals, conducting SWOT analysis, and implementing effective risk management strategies.
• Reviewing the previous year's performance and metrics
• Defining your mission, vision, values, and principles
• Conducting a SWOT analysis for internal and external insights
• Planning for risks and developing contingency strategies
• Differentiating between strategy and planning
• Setting measurable goals and tracking KPIs
• Budgeting based on strategic priorities
• Involving the leadership team for buy-in
• Regularly reviewing and adapting the plan
• Emphasizing the cyclical nature of strategic planning
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Thank you for choosing Avodah Talk w/ Matt Walton
strategic planning, business growth, SWOT analysis, KPIs, annual planning, mission vision values, budgeting, team management, leadership, business strategy