A strategic plan is the formal written document which describes
the strategy of the organization — including a description of the
route you want to take from where you are now towards where you
want to be in accordance with the approved strategy; including the
organization’s vision, mission and values.
The board’s governance responsibilities include approving strategy
and the strategic plan. In organizations with professional staff, the
Executive Director and senior staff will usually be responsible for
providing background material and for developing the written
strategic plan for board approval. The board should be actively
involved in discussing, reviewing and ultimately...