Strategic Planning Process

CPA Management Accounting · 4:20

Listen on 93

Lyrics

[Verse 1]
Every great journey starts with where we want to be
Vision paints the future that the whole world's gonna see
Mission tells us why we're here, our purpose burning bright
Values guide our every step, they keep us doing right
From the boardroom to the field, we need a master plan
Step by step methodology, let's take it by the hand

[Chorus]
Vision, Mission, Values true
Analyze what's inside and outside too
Set objectives, choose your way
Monitor progress every day
V-M-V-A-S-M, that's the strategic way
Plan it right and watch success unfold today

[Verse 2]
Environmental scanning comes after we define
Internal strengths and weaknesses, external threats we find
SWOT analysis reveals the landscape crystal clear
Opportunities awaiting when the fog begins to clear
Stakeholder assessment shows who matters in the game
Their influence and interest aren't exactly the same

[Chorus]
Vision, Mission, Values true
Analyze what's inside and outside too
Set objectives, choose your way
Monitor progress every day
V-M-V-A-S-M, that's the strategic way
Plan it right and watch success unfold today

[Bridge]
SMART objectives lead the charge
Specific, measurable, not too large
Achievable and relevant too
Time-bound goals will see us through
Strategic options on the table
Choose the path that makes us able
Implementation takes the stage
Resource allocation sets the gauge

[Verse 3]
Strategy formulation's done, now execution starts
Break it down to action plans, assign the moving parts
Communication cascades down through every single layer
Everyone must understand their role as a key player
Performance measurement systems track what matters most
Key indicators tell us if we're reaching every post

[Chorus]
Vision, Mission, Values true
Analyze what's inside and outside too
Set objectives, choose your way
Monitor progress every day
V-M-V-A-S-M, that's the strategic way
Plan it right and watch success unfold today

[Outro]
Review and reassess the plan
Adapt when circumstances demand
Strategic planning never ends
The cycle starts again, my friends

← Tax Planning | Balanced Scorecard Framework →