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Strategic Planning Model
Looking to develop a strategic planning model to accelerate the pace of change? Call 1-800-598-7662 to speak with an LRI strategic planning consultant.
The Six Rings Strategic Planning Model
This tool defines the six elements of a strategic plan and shows their relationship and inter-dependence. This is a valuable tool to use in guiding an effective strategic planning process.
Overview: The Six Rings Model starts with defining purpose and core values. A vision then flows from these two. Together, they form the “strategic focus” and provide a litmus test for all other decision-making. Once the strategic focus is defined, the next step is detailing the goals, objectives, and actions.
Here’s a list of terms and what they mean under the Six Rings Model:
Purpose: A succinct statement of why the organization exists and what it does.
Core Values: Qualities essential to the organization’s success – like financial sustainability or reliability.
Vision: A clear statement of a future result or end state that the organization wants to achieve.
Goals: The priorities for realizing the vision, purpose, and values.
Strategies: Key initiatives needed to achieve the goals.
Objectives: Measurable milestones toward achieving the goals.
Actions: Actions taken in support of objectives, with timelines and assignments of responsibility.
Performance Measures: Measures of success tied to the strategic plan, consisting of metrics and targets.
Strategic plan: A document that consolidates these elements into a coherent whole.
Strategic Planning Consulting
To speak with a strategic planning consultant about how LRI can help you create a strategic plan using the Six Rings Planning Model, call (916) 325-1190 or email info@leadingresources.com.
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