Strategic Planning in the Small Business

Unit
6

HO 6-3

Keeping

the Plan Up-to-Date

NOTE:

This schedule

is based on a January

to December fiscal

year. If your fiscal

year is different adjust

the schedule as necessary.

January

• March

* Implement

the plan from

the previous year

• Collect evaluation
  and control
  data on a regularly scheduled
  basis

* Adapt

the plan as necessary

• Collect
  environmental data a
  systematic basis

April -June

* Continue to

collect/analyze evaluation

and control

data

*

Adapt the plan as

necessary

• Review
  and revise the
  SWOT analysis

"

Define priority issues

which plan must address

July -  September

* Continue

to coliect/analyze evaluation

and contral

data

*

Adapt the plan as

necessary

• Review reaffirm or
  modify the companies
  mission statement

*

Review, reaffirm

or modify the companies

primary goals

*

Specify KRAs for

meeting each goal and

draft measurable and

quantifiable

objectives

October

• December

"

Finalize objectives

and draft strategies

for meeting

each objective

* Ask each Action

Plan Coordinator

to prepare an action

plan for each

strategy

• CalCulate and approve
  a one year operating
  budget

* Specify

the necessary control

measures and prepare

the necessary control

forms

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