What is a Partner-centric Strategy Plan?
A partner-centric strategy plan outlines a business's goals, objectives, and plans for building and nurturing partnerships. This plan should include focus areas, objectives, projects (or actions) and measurable targets (KPIs) to help achieve the desired goals. The plan is designed to help businesses create strong, lasting relationships with their partners, while also ensuring that their goals are met.
What's included in this Partner-centric Strategy Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Partner-centric Strategy Plan template for?
The Partner-centric Strategy Plan template is designed for partnership and business development teams in all industries. This template allows teams to create a comprehensive strategy plan that focuses on building and nurturing partnerships. With this template, teams can easily set measurable goals and objectives, and track progress to ensure these goals are achieved.
1. Define clear examples of your focus areas
Focus areas are the broad categories that you want to focus on in your strategy plan. Examples of focus areas could include 'Building and Nurturing Partnerships', 'Operational Efficiency', or 'Partner Onboarding'. It is important to identify clear focus areas so that you can properly define objectives and actions for each one.
2. Think about the objectives that could fall under that focus area
Objectives are the goals you want to achieve within each focus area. It is important to clearly define these objectives so that you can measure progress and track success. For example, if your focus area is 'Building and Nurturing Partnerships', your objectives could include 'Strengthen Existing Relationships' and 'Establish New Partnerships'.
3. Set measurable targets (KPIs) to tackle the objective
KPIs are measurable targets that can be used to track progress on objectives. For example, if your objective is 'Strengthen Existing Relationships', you could set a KPI of 'Increase number of contact points with existing partners'. KPIs should be clearly defined with an initial value, target value, and unit of measure.
4. Implement related projects to achieve the KPIs
Projects (or actions) are the steps you need to take to achieve the KPIs. For example, if your KPI is 'Increase number of contact points with existing partners', one of the projects to achieve this could be 'Identify current partners and prioritize engagement'.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform is a powerful strategy execution platform that allows users to easily create, monitor and manage their strategy plans. With Cascade, users can easily define objectives, set KPIs and track progress, allowing them to see faster results from their strategy.