| Business plan | Strategic plan |
|---|---|
| Detailed document | High-level document |
| Supports the processes to achieve the Strategic plan | Highlighted long-term goals and objectives |
| Overall business goals and strategies | Strategies used to achieve goals and objectives |
| Detailed information on targets and strategies | Mission, values |
| Operational Processes | Key Performance Indicators (KPI’s) |
| Financial Projections | Guide the direction of your club or branch |
| Other elements essential to your club or branch | Supports prioritising resources and initiatives. |
Strategic Planning
Strategic planning is essential for a club that wants to achieve its long-term goals and objectives. By developing a clear, well-defined strategy, clubs and Branches can align their resources, prioritise their initiatives, and focus their efforts on the areas that will have the most significant impact. A strategic plan provides a roadmap for your club or branch, guiding decision-making and ensuring that all stakeholders are aligned around a common vision and set of priorities.
When creating your Club/ Branch strategic plan, it should include
| Conduct a situational analysis: | Analysing the external environment, identifying key trends and assessing your club or branches internal strengths and weaknesses. |
| Set goals and objectives: | Based on the situational analysis, the next step is to set specific, measurable, and achievable goals and objectives. These goals should align with the mission and vision and reflect the key priorities identified in the situational analysis. |
| Develop a strategic plan: | With the goals and objectives in place, the next step is to develop the strategic plan. This plan should outline the specific strategies, tactics, and initiatives that will be used to achieve the goals and objectives. |
| Approval of the strategic plan: | Once the plan has been created, it must be reviewed by all relevant stakeholders that will be affected by the plan to ensure they align with the objectives. |
| Implement the plan: | Once the strategic plan has been developed, it must be implemented effectively. This involves identifying the resources required, establishing clear roles and responsibilities, and setting up processes and systems to monitor progress and ensure accountability. |
SLSQ Strategic Plan has a template Strategic Plan that can be utilise for clubs
Club Template Strategic Plan.pdf
Business Planning
Should include Organisational structure and Management:
- Executive Summary
- Club Description
- Products or Services
- Strategy
- Operations and Logistics
- Financial Projections
- Funding Projections
- Implementation Plan
| Define the Purpose and Scope: | Identify the purpose of the business plan and the scope. |
| Conduct Research: | Complete research within the area identify opportunities and risks. |
| Develop the Strategy: | Define the strategy, including how your club will reach its target audience and promote to achieve the plan. |
| Develop the Plan: | Define the operational processes needed to deliver the plan, including logistics, and technology, member levels and equipment requirements. |
| Define the Financial Plan: | Develop a financial plan, including revenue projections, expenses, and funding requirements. |
| Create the Business Plan Document: | Bring all of the elements together into a comprehensive business plan document. |
The plan will need to be reviewed and approved by the relevant committees and members to ensure a transparent process has been taken. Once all consultation has been completed, the plan can commence to be actioned.
The plan should be reviewed at least twice a year with amendments tabled at the relevant committee meetings to approval.
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