Corporate Strategy Document

 

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Purpose of the Corporate (Group) Document & Other Info

Purpose of the Corporate (Group) Document

The Corporate (Group) Strategy document should be used by a corporation involved in two or more businesses. It can be used for the whole corporation or for any organizational entity within the corporation that consists of 2 or more businesses. For simplicity, the term corporate (or "Insert Corporate Name") will be used to refer to the group, division, sector, or corporate name.

The design of this document assumes that the SBU competitive strategy documents have or will be completed. It is not the purpose of the corporate strategy document to repeat the information in the SBU plans. Rather, the corporate (group) strategy consolidates the SBU information and focuses on  strategic issues that affect the mix of businesses and how the businesses should be linked.


The Cover Page - The cover page is surprisingly important for two reasons. First, the quality of the printing on the top page is the first impression readers will have of the plan. Using a bold font suggests a bold plan. Second, the name(s) printed on the cover signal the political weight of the document. A strategic planner delegated to write the strategic plan should still seek to put, on the cover, the name of the person in charge of the company or group (such as the chief executive officer or the division manager).


The "Purpose of this Document" Page - This page explains to the reader that the purpose of the Corporate (Group) Strategy document is to put forward the corporate (or group) strategy. A secondary goal of this page is to list other relevant documents that the reader should be aware of, both external documents and other corporate documents, in order to have a more complete understanding of the company. Theoretically, everything you need to know about the Corporate (Group) Strategy is either discussed in this strategy document or discussed in one of the documents listed on this page. Listing other business unit, other horizontal unit, and other corporate documents also helps to appreciate the amount of information available, and how this document and other efforts are linked or should be linked.


The "Table of Contents" page lists the sections of the Corporate (Group) Strategy Document. Each section should start on a new page. The document (including the table of contents) is then easy to customize by adding and deleting sections.

 

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Last modified:   Tuesday February 19, 2008