What is a System
The context an organization operates within, it is composed of a range of variables including internal and external relationships.
What are Scenarios
A statement that outlines plausible future operating contexts of a system (in this case an arts organization) under different conditions and potential drivers.
What is a Strategic Plan?
What are Triggers?
A combination of internal and or external conditions that lead to a change in operating conditions
What are Wild Cards?
Major events that whilst unlikely to happen would have a dramatic impact if they did – for example a global epidemic.
What is a Balanced Scorecard ?
An integrated strategic planning and performance management system that communicates with clarity an organization's vision, mission and strategy to employees and other stakeholders; aligns lay-to-day work to vision and strategy; provides a framework for prioritizing programs and projects; and uses strategic performance measures and targets over four perspectives to measure progress
What is the Assumptions ?
Within a project or initiative management context, assumptions document the capacities, systems, processes or resources that are anticipated to be available during the project lifecycle and upon which project success depends. In the context of the Assessment Step, assumptions are the shared beliefs and expectations held by the organization about external and internal factors that influence the development of strategy.
What is Benchmark ?
Comparison of one organization's performance to an industry standard or "best in class" performance.
What is a Business and Support Unit Scorecards ?
A summary of each unit's performance plan-purpose, strategic objectives, performance measures and targets and unit initiatives-aligned with enterprise-wide strategy and strategic objectives (part of the alignment process).
What is a Cascade ?
To translate the organization-wide strategic plan (referred to as Tier I) down to first business units, support units or departments (Tier 2) and then teams or individuals (Tier 3). The end result should be focusacross all levels of the organization that is consistently aligned with the organization's strategy.