Strategic Framework
A strategic framework is a structured approach that organizations use to define their goals and the methods to achieve them. It outlines the vision, mission, and objectives, providing a clear direction for decision-making and resource allocation. This framework helps align the efforts of various teams and departments towards common goals.
By establishing a strategic framework, organizations can assess their current position and identify opportunities for growth and improvement. It often includes tools like SWOT analysis and key performance indicators (KPIs) to measure progress and adapt strategies as needed. This ensures that the organization remains focused and responsive to changes in its environment.