Strategic Planning – The 10-5-3 Program

This is a 10 year vision, a 5 year goal and a 3 year detailed business plan. A business plan outlines the focus or roadmap for your business, provides direction for employees, advisors, shareholders and other stakeholders, such as your customers, suppliers, creditors and even your bank. Everyone touched by a business with a clear focus of where it is going will have a higher level of confidence in the success of the business.

The real value of the 10-5-3 planning program can only be realized with annual updates. As you move into years three, four and five, you will recognize that the 10-year vision is actually changing, albeit very gradually. Your efficiency in planning will improve and you will be surprised at how accurate your forecasting will become.