Monday, November 4, 2013

How to Write a Personal Strategic Plan

Many people are aware that successful businesses operate using a strategic plan. This plan is developed to help them identify weak spots or new opportunities in their business. What many people do not realize, however, is that strategic planning can be invoked on an individual level to encourage personal growth and success. Writing your own personal strategic plan is relatively simple; it is sticking to it that proves to be the challenge.

Suggestions

  1. Create a list of the most important things in your life. This list is referred to as your list of core values. Values can include achievement, affection, friendship, prosperity and any other positive life quality. When making decisions or strategic plans, your values should come first.
  2. Draft a personal mission statement. This is similar to the mission statement of a company in that it must say something about who you are, what you care about and where you would like your life to go. A personal mission statement is the thesis for your personal strategic plan.
  3.  Set two primary goals for yourself that reflect your mission statement and values list. The first goal should be short term, achievable within six months to a year. The second goal should be long-term, achievable within three to 10 years.
  4. Break your short-term goal into small, manageable chunks. For instance, if your goal is to save $10,000 in the next year, figure out how much you need to save per week to make it happen. Smaller goals are easier to hit and keep you motivated.
  5. Take a break from work and family life, even if only for a weekend. Taking some personal time to look at your values, goals, and mission will help to sort out the clutter and keep you focused on what is truly important.
  6. Update your personal strategic plan every few months to reflect recent changes and anything that may have an impact on your plan. Your plan should be flexible but strong.

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