Most people believe that planning is no more than thinking. To help you create a strategic plan that is effective, simple and that does not require a lot of preparation time, use the G.O.S.P.A. model . Goals have a general direction, however, they are not quantifiable nor do they set timetables. Goals should be viewed as your Company's mission statement. Objectives should be specific, quantifiable and should incorporate timetables.
Strategies imply specific action and further breakdown the objectives into manageable subsets.
Activities can be quantified and must have set timeframes. They involve getting out your day-planner and scheduling the above plans and strategies on a daily basis. Meet with Mr. King, CPA to ask for advice on the presentation to Pegasus Supply, Inc. on Wednesday. The G.O.S.P.A. model attempts to break down goal and objectives into smaller, more manageable tasks that enable the entrepreneur to select from alternative courses of action. The major parts of this process are the Goals, Objectives and Strategies, which for most businesses can be kept to two or three sheets of paper.