Action Plan has 4 Elements

• Identification of specific actions to be undertaken in the next year or less.

• Establishment of a clear time frame for the completion of each action.

• Creation of accountability by identifying who is responsible for each action.

• Determination of one or more specific, immediate objectives that the action should achieve.

Based on the elements answer the following:

1. Specific steps you will need to take in the next year to achieve your 5-year objectives. Analyzes the steps and associated time frame needed to achieve long-term objectives.

2. A time frame for completing each action.

3. The scorecard you will use to measure the success of each action. Develops a scorecard to measure the success of steps needed to achieve long-term objectives.

4. The functional tactics you will use to achieve your short-term objectives. Analyzes functional tactics used to achieve short-term objectives.

5. The resources (financial, human, and other) you will use to complete each action.

6. An analysis of the monetary ramifications of each action.

7. A plan for monitoring the progress of the action plan.

8. A plan for handling obstacles or roadblocks.

9. An explanation of how your overall strategic plan reflects your mission statement.