What is a strategic plan?*
Strategic planning is an organisation's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.
Strategic planning is the formal consideration of an organisation's future course. All strategic planning deals with at least one of three key questions:
'What do we do?'
'For whom do we do it?'
'How do we excel?'
In many organisations, this is viewed as a process for determining where an organisation is going over the next year or - more typically - 3 to 5 years. In order to determine where it is going, the organisation needs to know exactly where it stands, then determine where it wants to go and how it will get there.
The resulting document is called the 'strategic plan.'
Why does Sheffield Students' Union need a strategic plan?
The Students' Union strategic plan sets out why the Students' Union exists, where the Students' Union wants to be in the future, and our ambitious goals which will make us an even better Students' Union for current and future students.
Setting out the Students' Union's priorities in this way will give our students a sense of the direction we want to take and enable them to hold us to account over the next three years.
The plan will also guide the Students' Union's departments, teams and individuals in their planning, and will enable any member of staff to see how their own day to day work supports the Students' Union's overall vision, and to understand the value of their own contribution to its success.
*Source: Wikipedia
