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10 Steps to Successful Strategic Planning by Teri Lund, Susan Barksdale

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STEP SIX

Prioritizing Needs and Identifying Risks

OVERVIEW

Setting criteria for prioritizing business needs

Ranking the organization's priorities

Identifying and managing business risks

Creating a decision matrix

The work you've done to scan the business environment, identify business drivers, and articulate or reconfirm the organization's mission, vision, and values has brought you to this point. You should have a clear picture of your organization's tolerance for change and risk and of the unstated rules that affect the organization's politics, decision making, and commitments or sign-offs. You also should have a better understanding of the marketplace in which your organization does business and of the challenges facing it daily. Your mission ...

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