The following list includes some – but not all – of the most common terms used in strategic planning. Many planners might have a different interpretation of a particular term, especially if they primarily use one model of strategic planning. The most important requirement around the use of strategic terms and concepts is that the facilitator and strategic planning leadership team share common interpretations from planning to conducting to implementation of the strategic planning process.

Project risks, strategic risks, operational risks…All organizations face risk – no matter the sector or the size. Well-managed organizations should have a complete risk management framework established to identify and manage this inherent facet of doing business in today’s ambitious environment.

Strategic planning is a significant undertaking. It requires energy, creativity, time and money. Your resources are important and limited. Get what you want! This is what we do at Woodland Strategies. Here are a few tips as you consider your upcoming planning project.