Creating a Strategic Plan
Why have a Strategic Plan?
- It sets out our future direction and ensures that what we do is aligned to it in the context of changing internal and external forces.
- Without a strategic plan there is a risk that we do could become irrelevant, noncompetitive or mean we are not able to reach our full ‘impact’ potential.
- It helps everyone understand our direction, get buy in and helps people understand how they can contribute.
- Provides a sense of common purpose and ownership – ‘Our plan’
Creating a Strategic Plan Process
Key considerations for creating a strategic plan are typically:
- How we will meet the needs of our own ambitions
- How we will respond to financial challenges
- How we will manage opportunities and threats posed by the external market
- How we will comply with new regulation / legislation
Click the DOWNLOAD button to access the Creating a Strategic Plan template.
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Hints & Tips
- Use this document to support creation of the Strategic Need for an initiative. It will support to answer the ‘Why?’ question: Why do you need this initiative?
- Refer to the University’s Strategic Plan to support completion of this document. A copy of the University Strategic Plan can be downloaded here.
- See the Governance Management Strategy and Plan for more information on roles and responsibilities.