Strategy & Planning glossary
46 terms on how companies set direction, choose bets and plan the year.
Frequently asked questions
What is the Strategy & Planning glossary?
It is a reference of more than 40 terms used to set direction and turn strategy into results, from strategic planning, OKRs and the balanced scorecard to Hoshin Kanri, scenario planning and quarterly business reviews. Each entry gives a short definition first, then explains what the term means in practice.
Who is the Strategy & Planning glossary for?
Strategy and planning teams, executives and business unit leaders, PMO and transformation leaders, finance and FP&A teams, and anyone responsible for turning company goals into plans and results.
How are the terms organized?
Terms are listed A to Z and tagged by category: strategy fundamentals; goals, OKRs and metrics; strategy deployment and execution; and planning cycles and operating rhythm. Use the search box or the category filters to narrow the list, or jump straight to a letter.
How does strategic planning relate to portfolio management?
Strategic planning sets direction and priorities, while strategic portfolio management decides which initiatives to fund and tracks what they deliver. Together they connect goals to the work and money that carry them out. See the Strategic Portfolio Management glossary.
How does strategy and planning fit into the Enterprise Operating Model?
Strategy and planning sits in the Steer part of the Enterprise Operating Model. It sets the goals and bets that the rest of the model funds, governs and delivers, and it reviews results so the strategy can be adjusted as conditions change. Explore strategy development.