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Post by account_disabled on Nov 24, 2023 22:21:36 GMT -7
Here's what another visualization looks like. Strategic Planning Model Theory of Change Image Source This planning model is best suited for organizations interested in doing things like building teams, planning initiatives, or developing action plans. What makes it different from other models is its ability to help you differentiate between expected results and actual results. It also enables stakeholders to be more actively involved in the planning process allowing them to model exactly what they want to get out of the project. It relies on sharper details than similar models. Stakeholders are typically asked to outline several specific details including information Phone Number List related to the company's target groups, how success will be determined, and a clear timeline for each planned action and intervention. Likewise almost any organization whether public, corporate, non-profit or otherwise can greatly benefit from this strategic model. Theory of Change Example For this example imagine a business that makes payroll software but has been underperforming recently. Company leadership felt directionless. They decided it was time to go all in and put some solid plans into action but now they just have some big picture goals for the company in mind but no idea how to get there. In this case the business may benefit from utilizing a theory of change model. Assume that its ultimate goal is to expand market share. Leadership will then consider the prerequisites for ultimately achieving that goal and their relevance. For example one of these prerequisites might be to develop new customer segments without alienating existing ones.
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