Strategic Planning
What is Strategic Planning?
The process of defining an organization's direction and making decisions on allocating resources to pursue strategies aligned with its mission.
Terms that appear alongside strategic planning
Each of these is named in at least one of the same controls as strategic planning. The number is how many controls name both.
- risk appetite 4 shared controls
- risk appetite statement 3 shared controls
- governance 3 shared controls
- resilience 3 shared controls
- benchmarking 2 shared controls
- lessons learned 2 shared controls
- risk culture 2 shared controls
- risk governance 2 shared controls
Frameworks that govern strategic planning
What the standards actually require on strategic planning
Requirements naming strategic planning across 6 standards, quoted from the control text.
Operate Risk Data Aggregation and Reporting + Talent Management + Compensation + Strategic Planning per 12 CFR Part 30 Appendix D Sections II.J + II.L + II.M + II.D.
OCCHS-7 · Risk Data Aggregation, Reporting, Talent, Compensation, and Strategic Planning →Strategic and Business Planning competency area covers organisational and system-level planning capabilities. Strategic planning and implementation for nursing organisations + nursing services + national nursing associations: vision + mission + values + SWOT +...
ICN-LFC-StrategicBusiness-Planning-BusinessCase-Financial-Performance-Capacity · ICN LFC - Strategic and Business Planning - Strategic Planning + Business Case + Financial Management + Performance Measurement + Capacity Building →Integrate resilience evaluation outputs into strategic planning, investment decisions, and risk appetite reviews.
ISO22316-6.2 · Integration with Strategic Planning →As part of business and strategic planning the entity must assess the impact of its business and strategic decisions on its operational risk profile and operational resilience, including the impact of new products, services, geographies and technologies.
CPS230-P26 · Assessment of Business and Strategic Decisions on the Risk Profile →Integrate resilience into strategic planning, investment decisions, and major change programmes.
BS65000-8.1 · Strategic Resilience →Abstract Conceptualization (AC) is the third stage of Kolb's Experiential Learning Cycle - the Comprehension end of the grasping dimension. Learners think + analyze + theorize + connect experiences with mental models, concepts and patterns.
KOLB-Stage3-Abstract-Conceptualization-AC-Thinking-Analyzing-Theorist-Learners-Models-Patterns-Concepts · Kolb Stage 3 Abstract Conceptualization (AC) + Thinking + Analyzing + Theorist Learners + Models + Patterns + Concepts + Mental Frameworks + Theoretical Connection + Generalisation →Questions people ask about strategic planning
What is Strategic Planning?
Why is Strategic Planning important for compliance?
Which compliance frameworks address Strategic Planning?
Where can I learn more about Strategic Planning?
See how Strategic Planning applies across compliance frameworks
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