Strategy Template

BoardOutlook is a leading software platform that enables boards to take ownership of their performance processes. The platform is at the cutting edge of board performance and has rapidly been recognised as best practice globally.

To support boards of all sizes and stages of maturity, a library of templates is available. These have been designed to help boards get started on their continuous improvement journey.

Download the templates as a PDF today or if you’re looking for more support, simply book a demo to see our software in action.

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How to Use Our Strategy Template

The strategy template is a part of a comprehensive library of board performance templates relating to key areas of board effectiveness. Consider including the strategy template as part of your board evaluation process to understand the effectiveness of your strategy development process, alignment on the current strategy, constraints and strategic priorities.

These questions are a sample of a BoardOutlook board evaluation diagnostic. The complete diagnostic is intended to be used on the BoardOutlook platform.

Why is Measuring Strategy Important?

Every organisation has a purpose. Strategy is the process of refining that purpose, selecting the organisation’s goals and developing ways to achieve them. Most organisations exist in a competitive environment and must win by achieving their goals more effectively than their competitors.

Boards are responsible for overseeing the development and implementation of this strategy, while the CEO and management are responsible for formulating and executing it. That’s why measuring strategy as part of a board evaluation can be a valuable process, as it can not only determine if the board is satisfied with the strategic direction of the organisation, but also review whether the board and management are aligned in how the strategy is being developed and delivered.

Need More than Just a Strategy Template?

The BoardOutlook platform delivers drastically better board evaluations. Challenging, engaging, thought-provoking. Review the behaviours and capability of your board and improve performance by storing your board performance data in one secure platform that tracks your progress over time.

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About BoardOutlook

BoardOutlook empowers high-performance boards with instant, secure reporting that ensures the board is focused on the right priorities at the right time. Backed by research-supported questions, BoardOutlook provides genuine insights into your board’s performance, fostering director development and tracking improvement seamlessly. With real support and flexible plans tailored to suit your board’s needs, BoardOutlook transforms your board dynamics, where excellence meets ease.

Strategy FAQs

Who owns an organisation’s strategy – the CEO or the board of directors?

This depends on the organisation. In listed entities, the board typically oversees the development and implementation of strategy by the executive team. In other organisations (e.g. NFPs or venture backed businesses), the board may play a more active role. In either case, there must be alignment between the CEO and the board on strategy, or the organisation will be ineffective in achieving its goals.

What is the role of the board in developing and implementing an organisation’s strategy?

What challenges do boards face when it comes to strategic decision-making?

Strategy