Mindmap for Planning
Mindmap for Planning:
Growth Strategies
Overview
What makes a good/SMART goal?
Levels of Planning
Benefits of Planning/Goal Setting
Basic planning process
Growth Strategies
Overview
What makes a good/SMART goal?
Levels of Planning
Benefits of Planning/Goal Setting
Basic planning process
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Similar Mind Maps
Outline


Market Penetration
Seeking growth in current markets with current goods orservices (increasing rate of purchase of a product, buying a competitor)
Market Development
Seeking new markets for current products (finding new target markets, finding new users)
Product Development
Developing new or improved goods or services for currentmarkets. (improve features/quality, enhance aesthetic appeal)
s developing new or improved goods or services for currentmarkets.

Plan
Blueprint for goal achievement, specifies resource allocation
Goal
Desired future state that the organization wants to realise
Mission Statement
Purpose of existence

Specific
Measurable
Attainable
Relevant
Sub Topic
Time-limited

Strategic-Top Management
Broad long term targets
Tactical-Middle Management
Specific targets for business units
Operational- First Line Management
Precise and measurable outcomes

Set a standard for performance
Guide to action
Provide motivational source and commitment for staff
Guides resource allocation

1. Stating goals
2. Listing alternative ways of reaching goals
3. Developing premises
4. Choosing best alternative for reaching goals
5. Developing plans to pursue chosen alternatives
6. Putting plans into action