Strategic Plan
/ˈstrætədʒɪk plæn/
Definitions
- (n.) A formal document outlining an organization's long-term objectives and the methods to achieve them, often used in corporate governance and legal compliance contexts.
The board approved the strategic plan to ensure regulatory compliance and market growth over the next five years.
Forms
- strategic plan
- strategic plans
Related terms
See also
Commentary
In legal drafting, clarity in strategic plans is key to align organizational goals with regulatory requirements and to mitigate liability risks.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.