At their broadest, strategic objectives serve an organization's ambition. A company's ambition is found in its mission and vision statements. These statements together describe the main thrust of a ...

Strategic planning is the process of focusing on a specific area of your business and then developing plans to maximize its profitability or efficiency. It is best to develop one strategic plan for ...

The following is reprinted with permission from AchieveIt.One of the six reasons why hospital strategic plans fail is lack of focus. Hospital executives typically pile on objective after objective, ...

The process of operational goal-setting is a critical step when it comes to business planning. It's the step that transforms strategic plans into actionable items. I previously wrote about operational ...

In the model for strategic retirement planning, avoiding risks are strategic objectives. I have addressed them separately so far purely for organizational reasons because there are important ...