GOSPA
From Wikipedia, the free encyclopedia
GOSPA is a planning process. The five letters stand for: Goals, Objectives, Strategies, Priorities, Activities. More specifically, GOSPA is a process for developing, communicating, and agreeing to corporate and departmental plans that enables coordination at all levels of a company of activities and focus directed toward common goals and that provides a mechanism for monitoring progress toward those goals and adjusting as time goes on.
Goals are general end results that we wish to achieve (e.g., be more profitable, reduce risk, etc.) Objectives are measurable deliverables/achievements within specified timeframes (e.g., increase sales by 10% by the end of the year). Objectives support goals. Strategies are how we intend to achieve our objectives (e.g., put added focus on new sales). Strategies support goals. Plans are specific elements of our strategies, with short-term timeframes (e.g., hire a new salesrep by the end of the month). Plans support strategies. Actions are day-to-day tasks (e.g., place an ad in the paper for a salesrep). Actions support plans.
