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A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization (IBM) while a business plan is used to
A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization (IBM) while a business plan is used to initially start a business. What is your business strategic plan for 3 to 5 years in future?
Your Strategic Plan (3-5 years) should cover the following 4 key elements:
Operational strategies-what is your 35-year plan
Operational tactics and resource allocation
Measuring results- what is your 35-year plan
Funding streams- what is your 35-year plan
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