Strategic Planning Communication Tool
What is Strategic Planning?
Strategic planning involves having challenging conversations and making decisions
Strategic planning is a multi-year cycle…
…which results in a number of products
But at least once a year a senior leadership team should step back and review…
The Performance Improvement Framework helps your strategic thinking
Strategic planning covers a number of different time horizons
Four Year Excellence Horizons:
Four Year Plans are integrated strategic plans that look out over the medium-term
What a Four Year Plan looks like can vary from agency to agency

Long-term Investment Plans are strategic plans setting out an agency’s investment journey over the long-term
A Long Term Investment Plan is where the senior leadership team of an investment-intensive department:
Provides reliable insights to the department’s long-term planning and thinking (i.e., over at least a 10 year horizon) at least every 3 years
Applies an investment management lens to describe the department’s investment journey toward achieving their long-term vision and goals, including medium-term intentions.
Explains the rationale for the department’s capital expenditure programme, asset performance, asset disposals, lease arrangements, and “as-a-service” type investments that it considers necessary to meet its strategic intentions over the planning period
Explains how they have evaluated options and trade-offs, how the preferred choices represent best value, and the extent to which the preferred choices are affordable
Reveals the expected impact of investment intentions on the department’s 10 year forecast financial statements i.e., affordability, asset condition and functionality, service potential

Guidance is on-line at: http://www.treasury.govt.nz/statesector/investmentmanagement/think/ltip/guidance