Elements And Definitions For Creating Your Organization’s Strategic Framework

 

As you create your strategic framework for your organization or business, keep in mind these eight elements and corresponding definitions, courtesy of the AMA Business Book Camp book:

 Element & Definition

1.  Vision – What we will be
2.  Mission – Why we exist
3.  Goals – What will get us there
4.  Objectives – Major steps we will take
5.  Strategies – How we will go about achieving our objectives
6.  Tactics – Who will do what, by when
7.  Roles – Ownership of tasks
8.  Relationships – People working toward a common goal