Introduction
Each Strategy Detail page offers an in-depth overview of one strategic plan and objectives. This ensures that strategic initiatives are clearly defined, aligned with overall business goals, and tracked for success. It is reached from Business Architecture > Strategy.
Page description
Strategy attributes
Domain | Attribute | Description | Example |
Strategy | Title | The name or title of the strategy. | Digital Transformation Strategy |
Strategy | Description | A detailed explanation of what the strategy entails. | Plan to leverage digital technologies to improve operations. |
Strategy | Purpose | The intended purpose or function of the strategy within the organization. | To enhance operational efficiency and customer experience. |
Strategy | Owner | The individual or team responsible for the strategy. | Strategy Office, CIO |
Strategy | Objectives | Specific, measurable targets to achieve strategic goals. | Increase digital adoption by 50%, Reduce operational costs by 20% |
Strategy | Key Activities | Critical actions necessary to implement the strategy. | Implement new CRM system, Train employees on digital tools |
Strategy | Resources | Resources allocated for the strategy implementation. | Budget, technology, personnel |
Strategy | Timeline | The timeline for achieving the strategy. | 2024-2026 |
Strategy | Performance Indicators | Metrics used to measure the success of the strategy. | Adoption rate of digital tools, cost savings |
Strategy | Dependencies | Other strategies, initiatives, or processes that the strategy depends on. | IT Infrastructure, Employee Training Programs |
Strategy | Related Strategies | Strategies that are related or linked to this strategy. | Customer Experience Strategy, Innovation Strategy |
Strategy | Risks | Potential risks associated with the strategy and its implementation. | Resistance to change, budget overruns |
Strategy | Improvement Opportunities | Areas where the strategy can be enhanced or improved. | Additional training, stakeholder engagement |
Strategy | Strategic Alignment | How the strategy aligns with the organization's strategic goals and objectives. | Supports the strategic goal of enhancing operational efficiency |
Strategy | Business Objective | A specific, measurable goal that a company aims to achieve to support its overall strategy. | Increasing Market Share by 10% in the next fiscal year. |
Strategy | Parent | A high-level policy that provides overarching principles or rules guiding business operations. It covers multiple sub-policies. | Customer Management |
Strategy | Child | A specific policy that falls under a broader parent policy. It provides detailed rules and guidelines for a specific aspect of business operations. | Customer Onboarding |
Strategy objective Element
Element | Sub-Element | Description | Example |
Business Objectives | Title | The name or title of the business objective. | Increase Market Share |
Business Objectives | Description | A detailed explanation of what the business objective entails. | Strategies and actions aimed at increasing the company’s market presence and customer base. |
Business Objectives | Purpose | The intended purpose or function of the business objective. | To achieve a higher market penetration and boost sales. |
Business Objectives | Owner | The individual or team responsible for the business objective. | Marketing Department |
Business Objectives | Organizational Unit | The organizational unit(s) to which the business objective is aligned. | Sales and Marketing |
Business Objectives | Metrics | The measurable indicators used to assess the success of the objective. | Market Share Percentage, Sales Growth Rate |
Business Objectives | Timeline | The timeframe within which the business objective should be achieved. | Q1 2024 - Q4 2024 |
Business Objectives | Stakeholders | The stakeholders involved or affected by the business objective. | Customers, Sales Team, Investors |