A strategic initiative plan identifies the strategies, or initiatives, that a company will undertake to accomplish its identified goals and objectives.
In the current business environment, companies must take strategic initiatives to prevent the losses and overcome the rough economy we are currently facing. Starbucks Corporation (furthermore, Starbucks) is known as one of the leaders for the retail sales of roasted and specialty coffee.  One way to make that journey is through strategic planning, the process by which a group defines its own VMOSA; that is, its V ision, M ission, O bjectives, S trategies, and A ction Plans. VMOSA is a practical planning process that can be used by any community organization or initiative.  Strategic planning is an organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. However, strategic planning is analytical in nature (i.e., it involves finding the dots); strategy formation itself involves synthesis (i.e., connecting the dots) via strategic thinking. A strategic plan is a document used to communicate with the organization the organizations goals, the actions needed to achieve those goals and all of the other critical elements developed during the planning exercise. Strategic management activities transform the static plan into a system that provides strategic performance feedback to decision making and enables the plan to evolve and grow as requirements and other circumstances change. Strategic Initiatives. In order to achieve its mission, SAMHSA has identified strategic initiatives focused on leading change to better meet the behavioral health care needs of individuals, communities, and service providers. Through strategic initiatives, SAMHSA will: 1  Increase awareness and understanding of mental and substance use disorders. 2  Promote emotional health and wellness. 3  Address the prevention of substance abuse and mental illness. A strategic initiative is an endeavor intended to achieve three interrelated outcomes: 1  A boundary-spanning vision or “strategic intent”. 2  Realization of important benefits to “strategic” stakeholders and. 3  Transformation of the organization.  Strategy includes processes of formulation and implementation; strategic planning helps coordinate both. However, strategic planning is analytical in nature (i.e., it involves finding the dots); strategy formation itself involves synthesis (i.e., connecting the dots) via strategic thinking. A strategic initiative plan identifies the strategies, or initiatives, that a company will undertake to accomplish its identified goals and objectives. Creating Goals and Objectives. It is important during the strategic initiative process to clearly develop goals and objectives that will drive the company's activities and the activities of its staff members. Goals are broad statements of intended outcomes, while objectives are developed to support those goal The SWOT analysis is a first step in developing a strategic initiative plan. The SWOT analysis is generally a brainstorming session in which a group of people develop lists of the organization's strengths, weaknesses, opportunities and threats. Creating Goals and Objectives. It is important during the strategic initiative process to clearly develop goals and objectives that will drive the company's activities and the activities of its staff members. Goals are broad statements of intended outcomes, while objectives are developed to support those goal
http://www.studymode.com/essays/Strategic-Initiative-Paper-408672.html http://ctb.ku.edu/en/table-of-contents/structure/strategic-planning/vmosa/main https://en.wikipedia.org/wiki/Strategic_planning http://balancedscorecard.org/Resources/Strategic-Planning-Basics http://www.samhsa.gov/about-us/strategic-initiatives https://en.wikipedia.org/wiki/Strategic_initiative https://en.wikipedia.org/wiki/Strategic_planning http://www.ehow.com/info_8399920_strategic-initiative-plan.html http://www.ehow.com/info_8399920_strategic-initiative-plan.html
what is strategic initiative