Use this simple business objectives template



If you are looking for the shorter method to review your business the mini plan ( business objectives template ) is the answer.

Taking immediate action – if your business has been failing for the last couple of months it is important to immediately evaluate your business model using the business objectives template – you can do it in the following manner.

Action steps:
a. Prepare Vision Statement.
b. Prepare Mission Statements.
c. Understand core business processes (directly from mission statement). Core business processes to be limited to a maximum of 8.
d. Critical success factors – for each core business process identify critical success factor.
e. For each critical success factor identify a key performance indicator.

The graph shown below is a graphical illustration of the process:

The format for your Business Success grid ( business objectives template ) is shown below:

Mini-Plan to Business Success

Vision Statement:  (This is the end state you want to achieve with your business)

 

 

 

Mission Statement: (Qualitative statement of values that your business wants to promote)

 

 

 

Core Business Processes (Key processes as identified from the mission statement)

1.

2.

3.

4.

5.

Core process 1

Core process 2

Core process 3

Critical Success Factor (CSF)

Key Performance Indicator (KPI)

Current /(Target)

Critical Success Factor (CSF)

Key Performance Indicator (KPI)

Current /(Target)

Critical Success Factor (CSF)

Key Performance Indicator (KPI)

Current /(Target)

1.

 

1.

 

1.

 

2.

 

2.

 

2.

 

3.

 

3.

 

3.

 

4.

 

4.

 

4.

 

5.

 

5.

 

5.

 

It will be necessary for you to review the performance of your business regularly (i.e. at least quarterly) You might also need to change the CSF/ KPI depending on the situation facing your business.

Over the long run the vision and mission statement might also need to be changed depending on your own requirements and changes in the business environment. The marketing analysis template is flexible!



Marketing Analysis Template - download this page as a PDF document