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Jesse White, Secretary of State & State Librarian Anne Craig, Director June 2007 Illinois State Library Long Range Plan for the Use of LSTA Funds 2008 2012 TABLE OF CONTENTS Page Mission Statement ----------------------------------------------------------------------------- 2 Needs Assessment ---------------------------------------------------------------------------- 2 LSTA Goals Need 1 and Summary ------------------------------------------------------------------ 8 Goal 1 -------------.
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A long-range plan is a set of goals (usually five to ten) that outlines the path for the company's future. When the long-range plan is in place, a strategic plan should be developed to define the objectives and actions necessary to achieve the goals spelled out in the long-range plan.
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Essentially, a long-range plan looks to align long-term goals with action plans to execute the strategic planning. Understanding the strategic direction of the organization helps FP&A craft a vision of the future, and vision forms the long-range plan.
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Essentially, a long-range plan looks to align long-term goals with action plans to execute the strategic planning. Understanding the strategic direction of the organization helps FP&A craft a vision of the future, and vision forms the long-range plan. What Is Long-Range Planning, and Why Does It Matter? OneStream Software https://.onestream.com › blog › what-is-long-range-... OneStream Software https://.onestream.com › blog › what-is-long-range-...
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A long-term strategy is a comprehensive plan for a business that defines goals for the future. During this process, you're setting and completing goals to achieve an overarching goal for the company. To create a long-term strategy, you may set multiple smaller goals that help you meet your ultimate objective. How To Create a Long-Term Strategy in 8 Steps | Indeed.com indeed.com https://.indeed.com › career-development › long-ter... indeed.com https://.indeed.com › career-development › long-ter...
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- Long-term plans are those with a time frame beyond three years. Short-term plans cover one year or less. - Specific plans are clearly defined and leave no room for interpretation. - Directional plans are flexible and set out general guidelines. Management - Chapter 8 Flashcards - Quizlet quizlet.com https://quizlet.com › management-chapter-8-flash-cards quizlet.com https://quizlet.com › management-chapter-8-flash-cards
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Long-term planning refers to the process of setting goals and objectives that extend beyond the immediate future. It involves analyzing current market trends, identifying key milestones, and developing strategies to achieve sustainable growth over an extended period.
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Example of a long-range plan A custom printing company's CEO and director of operations set a long-term goal of expanding their business into another state within three years. This goal might support the company's strategy of steady growth and provide an opportunity to engage with a new market. How To Create a Long-Range Business Plan in 4 Steps - Indeed Indeed https://.indeed.com › ... › Career development Indeed https://.indeed.com › ... › Career development
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Example of a long-range plan This plan might include the following elements: A statement of intent that connects the long-term plan to the company's values and mission statement. A description of the expansion, including the number of locations the company plans to open and the cities it plans to target.
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