2. Formulate

“So now you all GBC make a plan how to introduce the books in every home…. So we have got much work ahead. Don’t think our business is finished. No. Simply very intelligent we have to do it.”   –  Room Conversation, January 29, 1977, Bhuvanesvara

formulate

The purpose of the formulate phase of the strategic planning process, is to:

  • Scan the external environment in order to identify key opportunities that enable and to uncover key threats that jeopardize the realization of the Vision and Mission of the strategic journey;
  • Undertake an Organizational assessment to analyse its strengths and weaknesses in a variety of areas;
  • Analyse and resolve the strategic issues for your project or temple identified during the environmental scan and organization assessment;
  • Define goals for the prioritized strategic interventions/ objective for your project or area of focus;To define goals for the prioritized strategic interventions/ objective for your project or area of focus;To define goals for the prioritized strategic interventions/ objective for your project or area of focus
  • Develop action plans of the things you must actually do to reach your specified goals;
  • Translate the overall strategic plan into financial terms and to allocate resources to the plan;
  • Develop a scorecard to measure our performance in meeting our Mission and Vision as well as to measure our performance in implementing our Strategic Plan;
  • Consolidate the findings arising from the strategy formulation phase into a document, the Strategic Plan; and
  • Share your Strategic Plan to get the necessary buy-in and support from the devotee community you serve.