Page 59 - Becom Your Own CEO

Become Your Own CEO
Prepare a Strategic Plan for Your Family
Initiate strategic planning with your family. Secure the buy in from your whole family and facilitate the creation and implementation of a strategic plan. How does a family engage in strategic planning?
◗ Assess current status. How would you describe your family dynamics? What activities and goals bring your family together? What projects does your family work on together? What are your family’s customs and traditions? What do you enjoy doing together? What activities do you avoid? Where do you vacation? What activities do you engage in together yearly?
◗ Assessidentity. Howwouldyou describe your family? How do you think others perceive your family and its dynamic? How does your family support one another? What has your family accomplished as a family? What are the goals of your family members and has the family supported them? How does the family support the individual family members?
◗ Assess role. How does the family come together? How does the family help
its members when a family member is struggling? How does the family handle family struggles? How does the family overcome family struggles?
◗ Define future. What does the family want to do and accomplish in the near and far term? Where does the family see itself in the coming years? Will the family grow? Will it move? Will it have an impact beyond the immediate family members? What are its goals?
◗ Define goals. Based on the family’s goals, define long, medium and short term goals.
◗ Create action steps. Define action steps and tasks to complete each goal, assign someone responsible to perform and oversee each task and create deadlines for each task.
◗ Create accountability. Create a plan to hold everyone accountable to complete the tasks assigned to them.
◗ Assess the plan. Regularly assess the plan and determine whether it needs to be revamped, changed or tweaked and if so, how.
©2021 Federation of Defense & Corporate Counsel
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SECTION 04 BEYOND PERSONAL STRATEGIC PLANNING