Podcast
Questions and Answers
What is the foundation of any strategic plan?
What is the foundation of any strategic plan?
Where have the values been relocated to in a strategic plan?
Where have the values been relocated to in a strategic plan?
Who may sometimes provide the vision for an institution in a strategic plan?
Who may sometimes provide the vision for an institution in a strategic plan?
Which component serves as an institution's clear description of what it intends to become within a certain timeframe?
Which component serves as an institution's clear description of what it intends to become within a certain timeframe?
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What serves as the explanation for the existence of an organization in a strategic plan?
What serves as the explanation for the existence of an organization in a strategic plan?
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What is the primary purpose of an institutional mission statement in a strategic plan?
What is the primary purpose of an institutional mission statement in a strategic plan?
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Where are the values typically explained in a strategic plan?
Where are the values typically explained in a strategic plan?
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What does the institutional vision statement define in a strategic plan?
What does the institutional vision statement define in a strategic plan?
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Who may sometimes provide the vision for an institution in a strategic plan?
Who may sometimes provide the vision for an institution in a strategic plan?
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What component of a strategic plan is an institution’s clear description of what it intends to become within a certain timeframe?
What component of a strategic plan is an institution’s clear description of what it intends to become within a certain timeframe?
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Study Notes
Strategic Planning Foundations
- The foundation of any strategic plan is the institutional mission statement.
Institutional Values
- Values are typically explained in the institutional mission statement.
Vision and Mission
- The institutional vision statement defines what an institution intends to become within a certain timeframe.
- Sometimes, the vision for an institution may be provided by the board of trustees, president, or other senior leaders.
Institutional Purpose
- The primary purpose of an institutional mission statement is to serve as the explanation for the existence of an organization.
Strategic Plan Components
- The vision statement serves as an institution's clear description of what it intends to become within a certain timeframe.
- The mission statement explains the purpose of the organization's existence.
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Description
Learn about the key components of a strategic plan, including the mission statement and values, and their significance in defining the purpose and operations of an organization.