Elements and Performance Criteria
- Establish the strategic planning process
- Develop and review the organisation's values, vision and purpose
- Consult board members, management, staff, community and key stakeholders regarding the values, vision and purpose of the organisation
- Identify the agreed values, vision and purpose of the organisation with other board members
- Ensure the organisation's values, vision and purpose are documented and endorsed by the board
- Analyse the internal and external factors that could impact on the organisation's strategic plan
- Review and evaluate the previous strategic plan
- Identify and analyse community aspirations, interests and needs
- Identify and analyse changing government policy and funding that might affect the organisation
- Identify and analyse emerging and predicted trends
- Identify and analyse the potential for strategic alliances and partnerships
- Seek advice from appropriate experts when necessary
- Establish strategic objectives and strategies
- Develop and agree on strategies and SMART objectives with other board members that are consistent with the outcome of the research and analysis undertaken
- Ensure objectives and strategies are achievable and that they are benchmarked against industry and community standards
- Identify and document factors that may affect achievement of objectives
- Monitor and evaluate strategic performance
- Develop an implementation plan with other board members that identifies targets, key performance indicators, performance standards, timelines and reporting requirements for the strategic planning period
- Monitor and evaluate progress reports against the plan to identify successes and performance gaps
- Review and revise strategic objectives and strategies with other board members where necessary