http://mystrategicplan.com/glossary Definitions for common terms used in strategic planning and everyday management Thu, 06 Mar 2008 06:47:18 +0000 http://backend.userland.com/rss092 en Definition: A declaration of where you are headed - your future state. To formulate a picture of what your organization’s future makeup will be and where the organization is headed. Ask: What will your organization look like 5 to 10 years from now? http://mystrategicplan.com/glossary/vision-statement/ Definition: To explain what you stand for and believe in. http://mystrategicplan.com/glossary/values-statement/ Definition: A path that products take, from raw materials to finished product to the consumer, along which they continually gain value as they move down the chain. http://mystrategicplan.com/glossary/value-chain/ Dealing with or related to the accomplishment of tasks that support the strategic vision of the organization. http://mystrategicplan.com/glossary/tactical/ Definition: To access the particular strengths, weaknesses, opportunities and threats that are strategically important to your organization http://mystrategicplan.com/glossary/swot-analysis/ Definition: A macro-view of an organization’s strategy, the map divides a company’s objectives into 4 focuses: financial, customer, operations and people. http://mystrategicplan.com/glossary/strategy-map/ Definition: To establish a guide that matches your organization’s strengths with market opportunities to position your organization in the mind of the customer. Ask: Does your strategy match your strengths with how you will provide value to and be perceived by your customers? http://mystrategicplan.com/glossary/strategies/ The process of an organization deciding their corporate direction, objectives and priorities, and then aligning their resources to accomplish the actions necessary to meeting them. http://mystrategicplan.com/glossary/strategic-planning/ Definition: Strategic Objectives are long-term, continuous strategic areas that get you moving from your mission to achieving your vision. What are the key activities you need to perform to reach your vision? http://mystrategicplan.com/glossary/strategic-objectives/ Definition: Dealing with or related to higher-level priorities that will meet the objectives an organization has decided to accomplish. http://mystrategicplan.com/glossary/strategic/