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Strategic business planning provides a road map for your organization. The strategic or business plan generally projects 3-5 years ahead and outlines how the organization will reach its milestones. A well thought out plan also helps you to step-back and think objectively about the key elements of your business and can inform your decision making regarding preparedness and recovery. Succession planning helps your organization develop employees to ensure it has the right talent for key positions. It enhances resilience by helping your organization remain successful even after a disaster or extreme event that may lead to loss of staff.
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Strategic business planning provides a road map for your organization. The strategic or business plan generally projects 3-5 years ahead and outlines how the organization will reach its milestones. A well thought out plan also helps you to step-back and think objectively about the key elements of your business and can inform your decision making regarding preparedness and recovery. Succession planning helps your organization develop employees to ensure it has the right talent for key positions. It enhances resilience by helping your organization remain successful even after a disaster or extreme event that may lead to loss of staff.
Need a business plan?
- The Small Business Administration (SBA) Business Plan Tool that provides a step-by-step guide to creating a business plan
- Business plan worksheets are also available from Hal Shelton, author of The Secrets to Writing a Successful Business Plan
- SCORE provides a business plan template as a starting point for drafting a plan for an established business
Need a succession plan?
Here are 5 steps for succession planning (more resources here):
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- Create a demographic profile of your employees, including ages, roles, and skills.
- Identify key positions to determine the roles and skills that keep your organization going.
- Build job profiles for the key positions to document required knowledge, skills, and qualities.
- Identify and assess potential candidates to decide who could advance to the key positions.
- Implement employee development plans to create learning and knowledge transfer.
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Done with the Business Planning assessment? Go to the next section: Disaster Preparedness
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Question 1 of 10
1. Question
Do you have a strategic plan for your business?
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Question 2 of 10
2. Question
Does your written business plan contain: Mission statement?
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Question 3 of 10
3. Question
Does your written business plan contain: Company overview?
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Question 4 of 10
4. Question
Does your written business plan contain: Industry analysis?
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Question 5 of 10
5. Question
Does your written business plan contain: Customer analysis?
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Question 6 of 10
6. Question
Does your written business plan contain: Marketing plan?
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Question 7 of 10
7. Question
Does your written business plan contain: Operations plan?
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Question 8 of 10
8. Question
Does your written business plan contain: Financial plan?
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Question 9 of 10
9. Question
Does your written business plan contain: Organizational chart?
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Question 10 of 10
10. Question
Do you have a business leadership and staff succession plan?