Components of Strategic Planning
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Questions and Answers

What is the foundation of any strategic plan?

  • Institutional mission statement (correct)
  • Values statement
  • State dictation
  • Institutional vision statement
  • Where have the values been relocated to in a strategic plan?

  • Vision statement
  • Values statement (correct)
  • Strategic position
  • Mission statement
  • Who may sometimes provide the vision for an institution in a strategic plan?

  • Academic vice president or provost (correct)
  • Governor
  • President
  • State
  • Which component serves as an institution's clear description of what it intends to become within a certain timeframe?

    <p>Institutional vision statement</p> Signup and view all the answers

    What serves as the explanation for the existence of an organization in a strategic plan?

    <p>Institutional mission statement</p> Signup and view all the answers

    What is the primary purpose of an institutional mission statement in a strategic plan?

    <p>To explain why the institution exists and what its operations are intended to achieve</p> Signup and view all the answers

    Where are the values typically explained in a strategic plan?

    <p>In a separate Values Statement component</p> Signup and view all the answers

    What does the institutional vision statement define in a strategic plan?

    <p>The specific elements of the institution's strategic position</p> Signup and view all the answers

    Who may sometimes provide the vision for an institution in a strategic plan?

    <p>The academic vice president or provost</p> Signup and view all the answers

    What component of a strategic plan is an institution’s clear description of what it intends to become within a certain timeframe?

    <p>Institutional Vision Statement</p> Signup and view all the answers

    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.

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