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10 strategies and tactics for Financial Sustainability

What is Financial Sustainability strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Identifying the optimal Financial Sustainability strategy can be challenging, especially when everyday tasks consume your time. To help you, we've assembled a list of examples to ignite your creativity.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Financial Sustainability strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Financial Sustainability strategy examples

You will find in the next section many different Financial Sustainability tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for reviewing and Preparing A Strategic Plan

  • ⛳️ Strategy 1: Ensure financial sustainability

    • Conduct a thorough financial audit to understand the current financial position
    • Identify key revenue streams and develop strategies to enhance them
    • Establish an emergency fund to safeguard against unforeseen financial challenges
    • Create a budget that includes a focus on reducing costs in areas with minimal impact on quality
    • Negotiate with suppliers for better pricing on raw materials
    • Explore avenues for expanding market reach both domestically and internationally
    • Invest in training programmes for the sales team to improve sales performance
    • Analyse customer data to better understand preferences and optimize product offerings
    • Monitor financial KPIs regularly to ensure alignment with sustainability goals
    • Seek potential partnerships with complementary brands to enhance revenue

  • ⛳️ Strategy 2: Leverage technology as an enabler

    • Implement a robust ERP system to streamline supply chain and inventory management
    • Invest in advanced processing machinery to increase production efficiency
    • Utilise data analytics tools for better market and consumer insights
    • Adopt cloud-based solutions for secure and efficient data management
    • Drive e-commerce growth by enhancing the online store interface and user experience
    • Implement a mobile app for easy customer access to product information and orders
    • Automate repetitive tasks to allow employees to focus on high-value activities
    • Stay up-to-date with digital marketing trends to enhance online presence
    • Train staff on new technologies to maximise utilisation and minimise downtime
    • Collaborate with tech partners to identify innovative solutions for product tracking

  • ⛳️ Strategy 3: Enhance operational efficiency

    • Conduct a comprehensive review of current processes to identify bottlenecks
    • Implement lean manufacturing principles to reduce waste and improve efficiency
    • Standardise operating procedures across all departments
    • Invest in employee training programs focusing on operational improvement
    • Regularly review supplier relationships to ensure timely delivery of quality raw materials
    • Establish a cross-functional team to improve communication and streamline operations
    • Implement real-time tracking for inventory and deliveries
    • Create a continuous improvement culture with regular feedback loops
    • Set measurable targets for production efficiency and monitor progress
    • Ensure compliance with all industry regulations to avoid operational disruptions

  • ⛳️ Strategy 4: Strengthen stakeholder management

    • Map all key stakeholders and develop tailored engagement plans
    • Use regular surveys and feedback mechanisms to gauge stakeholder needs and satisfaction
    • Organise quarterly meetings with key suppliers to maintain strong relationships
    • Develop a corporate social responsibility plan to enhance community engagement
    • Communicate transparently about business changes and developments with stakeholders
    • Build a loyalty program for customers to enhance retention
    • Engage with industry associations for broader influence and insight
    • Regularly update shareholders with performance briefings and future plans
    • Create partnership opportunities with local farms for sustainable raw material supply
    • Establish a stakeholder advisory board to drive engagement and provide strategic input
financial-sustainabilitytechnology-integrationfinancial-analystsupply-chain-managersales-teamit-department
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Strategies and tactics for designing a Transformational Strategic Plan for a Community-Based Organization in Wakiso District

  • ⛳️ Strategy 1: Refine Organisational Identity

    • Organise workshops to revisit and update the mission and vision statements
    • Incorporate input from Board members, staff, and beneficiaries in mission refinement
    • Review alignment of core values with current and future organisational goals
    • Draft a value proposition document to communicate the organisation’s unique offerings
    • Develop a communications strategy to share the updated vision and mission
    • Incorporate feedback from pilot testing the new mission statement in community engagements
    • Align vision and mission statements with national development goals and trends
    • Create branded materials (e.g. brochures, presentations) showcasing the refreshed identity
    • Facilitate annual review and refresh of the mission and vision statements
    • Develop an internal champion team to ensure organisational adherence to core values

  • ⛳️ Strategy 2: Conduct Comprehensive SWOT Analysis

    • Assemble a diverse SWOT analysis team, including board members and community representatives
    • Collect historical performance data and feedback to assess internal strengths and weaknesses
    • Utilise PESTEL analysis to evaluate the macro-environment factors impacting the CBO
    • Conduct competitor analysis using Porter’s Five Forces to understand the market landscape
    • Map out existing resources and capabilities for enhanced internal capacity assessment
    • Participate in community forums to identify external opportunities for strategic partnerships
    • Host a risk assessment workshop to explore potential threats and mitigation strategies
    • Create a SWOT analysis report documenting findings and insights with actionable recommendations
    • Validate SWOT findings through stakeholder consultations and expert reviews
    • Integrate findings into organisational strategic planning processes

  • ⛳️ Strategy 3: Develop a Stakeholder Engagement Framework

    • Identify and map key stakeholders, including local leaders, development partners, and youth councils
    • Categorise stakeholders based on influence and interest using a stakeholder matrix
    • Establish a stakeholder advisory board for ongoing input and collaboration
    • Design tailored engagement plans for various stakeholder groups for greater involvement
    • Utilise digital platforms to facilitate broader participation and feedback collection
    • Implement regular communication updates through newsletters and community meetings
    • Organise bi-annual stakeholder forums to discuss progress and receive strategic guidance
    • Build capacity for staff in stakeholder relationship management
    • Set clear objectives and metrics for stakeholder engagement effectiveness
    • Ensure alignment of stakeholder engagement with broader organisational goals
strategic-planningstakeholder-engagementboard-memberscommunity-representativesswot-analysis-teaminternal-champion-team
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Strategies and tactics for expanding Sterling Tour and Travel Agency into the Kenyan Market

  • ⛳️ Strategy 1: Forge strategic partnerships

    • Identify and partner with a medium-sized Kenyan tour and travel agency
    • Leverage the local partner’s market knowledge and customer base
    • Align services to meet local cultural and tourist preferences
    • Ensure clear communication channels with partners
    • Negotiate mutually beneficial terms in partnership agreements
    • Engage local travel influencers to promote joint offerings
    • Create co-branded marketing materials with local partners
    • Host joint events and travel expos to increase brand visibility
    • Develop shared objectives and performance metrics
    • Regularly review and refine partnership strategies

  • ⛳️ Strategy 2: Adapt services to local market conditions

    • Research and understand customer preferences in Kenya
    • Develop Kenya-specific travel packages including popular destinations
    • Implement a pricing strategy that reflects local purchasing power
    • Offer flexible payment options tailored to Kenyan market needs
    • Launch culturally immersive experiences like safaris and heritage tours
    • Translate marketing materials into Swahili and other local languages
    • Align services with environmental and cultural preservation initiatives
    • Conduct training sessions for employees on local customs and practices
    • Incorporate feedback from local customers into service offerings
    • Regularly update offerings based on seasonal tourist trends

  • ⛳️ Strategy 3: Enhance marketing and brand awareness

    • Launch social media campaigns targeting Kenyan travellers
    • Partner with local influencers to widen digital reach
    • Participate in local and international travel expos
    • Utilise radio and print media to reach different demographics
    • Highlight local partnerships in marketing communications
    • Develop emotional and engaging storytelling content
    • Create promotional videos showcasing Kenyan attractions
    • Establish a customer referral programme
    • Leverage customer testimonials in marketing materials
    • Conduct surveys to measure brand awareness and adapt strategies
partnershipslocalizationstrategic-plannermarketing-specialistmarketing-teambusiness-development-team
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Strategies and tactics for accelerating Rural Piped Water Access

  • ⛳️ Strategy 1: Identify and engage potential partner organisations

    • Research and list organisations with similar objectives and resources
    • Reach out to identified organisations with proposals outlining project goals and benefits
    • Arrange and conduct initial meetings to discuss potential collaboration
    • Assess the strengths and possible contributions of each organisation
    • Formulate partnership agreements with clear roles and expectations
    • Set up regular meetings for consortium progress updates
    • Develop a shared vision and mission statement for the consortium
    • Create communication channels among partners for efficient information sharing
    • Establish a joint project management team
    • Formalise the consortium through legal agreements and documentation

  • ⛳️ Strategy 2: Develop a community management and maintenance model

    • Organise workshops to educate community members on professional management practices
    • Identify and train local leaders to manage water access and distribution
    • Create a structured community management body to oversee operations
    • Design a maintenance schedule and assign responsibilities within the community management
    • Establish a transparent accountability mechanism for operations and maintenance
    • Engage with local government for support and integration with existing services
    • Implement regular feedback sessions with community members
    • Develop training materials and resources for continuous learning
    • Introduce technology for monitoring and reporting infrastructure status
    • Evaluate the effectiveness of the model through regular audits and improvements

  • ⛳️ Strategy 3: Implement sustainable and inclusive payment models

    • Conduct surveys to understand the financial capabilities of the community members
    • Engage financial experts to design tiered payment systems with subsidies
    • Create awareness programs about the importance and benefits of consistent payments
    • Identify and collaborate with financial institutions for micro-financing options
    • Establish a local cooperative fund to support disadvantaged families
    • Implement mobile and alternative payment methods for convenience
    • Regularly review and adapt payment models based on the community feedback
    • Provide incentives for prompt payments and loyal customers
    • Focus on transparent communication about usage rates and funds allocation
    • Monitor the payment systems' effectiveness and adjust based on economic changes
consortiumsustainabilityproject-managerfinancial-expertcommunity-management-teamfinancial-planning-team
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Strategies and tactics for implementing an integrated fare collection system for Tshwane

  • ⛳️ Strategy 1: Conduct a comprehensive needs assessment

    • Identify all existing fare collection systems in use within Tshwane's public transport
    • Conduct surveys and interviews with stakeholders including passengers, operators, and city officials
    • Evaluate the current technological infrastructure supporting each mode of transport
    • Analyse data on passenger flow, payment preferences, and usage patterns
    • Benchmark against other cities that have successfully integrated fare systems
    • Document all findings in a comprehensive report with visual aids
    • Establish key performance indicators for system integration
    • Define short-, medium-, and long-term goals based on the assessment
    • Identify potential technological and financial barriers to integration
    • Present findings and recommendations to city leadership for feedback

  • ⛳️ Strategy 2: Develop and pilot an integrated fare collection platform

    • Select a technology partner with expertise in integrated fare systems
    • Design an interoperable platform that supports existing and future payment methods
    • Develop a phased implementation plan for integration across all transport modes
    • Test the platform in a controlled pilot involving select routes or areas
    • Collect user feedback and system performance data during the pilot
    • Refine the platform based on pilot results and stakeholder input
    • Train transit operators and staff on the new system and processes
    • Roll out robust communication strategies to inform and educate passengers
    • Launch a city-wide implementation with regular progress monitoring
    • Ensure continuous system updates and user support post-launch

  • ⛳️ Strategy 3: Ensure sustainability and alignment with strategic city goals

    • Align integration objectives with Tshwane’s strategic goals for transport modernization
    • Incorporate environmental sustainability measures in the fare system design
    • Develop a financial model ensuring long-term viability and affordability
    • Create a user feedback loop to enable continuous improvement
    • Implement data analytics for performance monitoring and forecasting
    • Establish partnerships with financial institutions for secure transactions
    • Develop an incentives programme to encourage system adoption
    • Engage community leaders to champion the system and gather insights
    • Monitor regulatory changes and ensure compliance with all relevant policies
    • Perform annual reviews to adjust strategies in response to evolving trends and needs
integrationfare-collectiontransit-operatortechnology-partnercity-leadershipcommunity-engagement
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Strategies and tactics for achieving Strategic Objectives for the Ghana Girl Guides Association (2025–2030)

  • ⛳️ Strategy 1: Enhance governance structures and operational efficiency

    • Conduct a comprehensive review of current governance structures
    • Develop a leadership training program for association leaders
    • Implement regular performance evaluation systems
    • Establish clear communication channels across all levels
    • Create a digital platform for seamless information sharing
    • Standardise operational procedures for efficiency
    • Facilitate quarterly stakeholder meetings for feedback
    • Develop a succession planning framework
    • Enhance transparency with annual reports to stakeholders
    • Utilise technology to streamline administrative tasks

  • ⛳️ Strategy 2: Increase membership through targeted recruitment and engagement

    • Develop and execute recruitment campaigns targeting schools and universities
    • Leverage social media to engage potential members
    • Establish partnerships with educational institutions
    • Organise open days and informational sessions
    • Create an online membership registration system
    • Implement a mentorship program to support new members
    • Utilise newsletters for regular updates and engagement
    • Establish local chapters for community-based activities
    • Host annual networking events for members and volunteers
    • Launch a member referral programme with incentives

  • ⛳️ Strategy 3: Design and implement impactful programs for empowerment

    • Conduct a needs assessment to align programs with national goals
    • Develop a curriculum focused on leadership, entrepreneurship, and advocacy
    • Partner with STEM organisations for girl-centred science workshops
    • Create an annual girls’ summit for knowledge sharing
    • Pilot a social enterprise project led by young women
    • Develop an advocacy toolkit for girls to influence change
    • Conduct workshops on public speaking and negotiation skills
    • Integrate digital literacy and coding into programs
    • Collaborate with global gender equality initiatives
    • Evaluate program outcomes and refine based on feedback

  • ⛳️ Strategy 4: Diversify funding sources to enhance financial sustainability

    • Identify potential corporate sponsors to support programs
    • Develop a grant application strategy targeting local and international funds
    • Create a fundraising calendar for annual events
    • Launch a crowdfunding campaign for specific projects
    • Establish an advisory board for financial oversight
    • Develop income-generating projects with community impact
    • Facilitate workshops for staff on grant writing and fundraising
    • Form a dedicated resource mobilisation team
    • Create partnership agreements with local businesses
    • Regularly report on financial goals and achievements to stakeholders

  • ⛳️ Strategy 5: Increase advocacy and visibility for gender equality

    • Develop an advocacy campaign focused on girls’ rights
    • Collaborate with gender equality NGOs for joint initiatives
    • Host yearly events highlighting successful women leaders
    • Engage media outlets for increased visibility
    • Develop informational materials on gender equality issues
    • Enhance the association's website for better outreach
    • Organise community outreach programs in rural areas
    • Create a speakers bureau for public engagements
    • Utilise social media for advocacy and awareness campaigns
    • Participate in national and international forums on gender equality
governanceengagementleadership-trainermembership-coordinatorresource-mobilizationadvocacy-and-public-relations
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Strategies and tactics for achieving diversified growth

  • ⛳️ Strategy 1: Identify and analyse proven business models

    • Conduct market research to identify successful business models in target sectors
    • Evaluate the scalability of identified business models in different regions
    • Develop criteria for selecting partnerships or acquisitions based on proven success
    • Create a pool of potential companies within the micro-lending, BPO, insurance, and agribusiness sectors
    • Utilise data analytics to assess the impact of macroeconomic trends on these business models
    • Consult with industry experts to validate the robustness of selected business models
    • Develop a decision matrix to rank the viability of each business model
    • Set up pilot projects to test the adaptability of business models in the regional market
    • Review past case studies of similar business expansions for insights
    • Align selected business models with company’s long-term growth objectives

  • ⛳️ Strategy 2: Cultivate strategic partnerships

    • Identify key industry players and establish introductory meetings
    • Evaluate the compatibility of potential partners' business models with company growth strategies
    • Negotiate joint ventures or strategic alliances with robust terms and conditions
    • Create an advisory board involving partners from micro-lending, BPO, insurance, and agribusiness
    • Engage in knowledge exchange programs to learn best practices from partners
    • Collaborate on research and development initiatives to innovate current offerings
    • Monitor partnership performance through regular progress reviews and KPIs
    • Leverage partner networks to access new customers and markets
    • Develop team-building initiatives to foster a collaborative culture with partners
    • Plan joint marketing campaigns to amplify brand presence in target sectors

  • ⛳️ Strategy 3: Invest in technology-driven growth

    • Identify technological innovations that can enhance operations in target sectors
    • Develop a roadmap for integrating technology in existing processes for efficiency
    • Form a dedicated team to oversee the implementation of digital solutions
    • Partner with tech firms to co-create tools that address sector-specific challenges
    • Utilise automation to streamline business processes and reduce operational costs
    • Invest in training programs to enhance digital skills within the workforce
    • Implement data analytics tools to drive data-driven decisions
    • Conduct regular technology audits to ensure systems' relevance and performance
    • Explore blockchain and AI applications for enhancing transparency and productivity
    • Ensure adherence to data protection and cybersecurity standards
diversificationtechnologybusiness-analystpartnership-managerresearch-&-developmenttechnology-integration
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Strategies and tactics for fostering Creative and Collaborative Communities

  • ⛳️ Strategy 1: Enhance HR Practices

    • Revise job descriptions to reflect creativity and collaboration values
    • Implement a comprehensive onboarding programme that includes cultural awareness training
    • Develop a mentorship programme to support new hires and encourage innovation
    • Conduct regular staff surveys to gather feedback on engagement and satisfaction
    • Offer flexible work arrangements to support diverse needs and creative processes
    • Create recognition programmes to celebrate staff contributions to innovation
    • Host quarterly workshops on creative thinking and collaboration techniques
    • Standardise performance reviews to include criteria on creativity and teamwork
    • Build partnerships with institutions for recruitment from creative fields
    • Establish a transparent internal career progression framework

  • ⛳️ Strategy 2: Diversify Revenue Streams

    • Identify and engage with potential partners for collaborative projects
    • Explore grants and funding opportunities that align with community values
    • Develop a membership programme that offers exclusive benefits and resources
    • Host fundraisers featuring local artists and innovators for community engagement
    • Implement an e-commerce platform to sell products or services related to the community
    • Offer workshops and seminars on creativity and innovation for a fee
    • Establish a sponsorship programme to attract corporate support
    • Develop online courses in partnership with educational institutions
    • Create co-working spaces for rent to foster creativity and collaboration
    • Offer consulting services to other organisations seeking to foster innovation

  • ⛳️ Strategy 3: Empower Māori and Moana Voices

    • Establish a Māori and Moana advisory board for community guidance
    • Develop programmes specifically highlighting Māori and Moana creators
    • Promote Māori and Moana art and culture through exhibitions and events
    • Create scholarships and grants for Māori and Moana individuals in creative fields
    • Ensure representation of Māori and Moana voices in leadership roles
    • Host cultural awareness and sensitivity training for staff and community members
    • Partner with Māori and Moana led organisations for collaborative initiatives
    • Include Māori and Moana languages and symbols in the community’s branding
    • Develop educational resources showcasing Māori and Moana histories and achievements
    • Facilitate storytelling workshops empowering Māori and Moana narratives
creativitycollaborationhr-managercommunity-engagement-officerhr-teamcultural-development-team
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Strategies and tactics for developing a 5-year strategic plan for Kijiji Cha Upendo Children’s Project

  • ⛳️ Strategy 1: Enhance community engagement and partnerships

    • Conduct a community needs assessment to understand the current landscape and required support
    • Identify potential local and international partners that align with the mission
    • Establish regular meetings with community leaders to strengthen relationships
    • Develop a partnership agreement framework for clear role and expectation setting
    • Create community-based support groups for families of the affected children
    • Organise quarterly community workshops to educate about HIV/AIDS and foster care
    • Implement a volunteer programme to engage community members in project activities
    • Set up a feedback mechanism to capture community input and adapt strategies accordingly
    • Celebrate community successes and milestones to build momentum and morale
    • Deploy a local communication strategy to enhance project visibility and support

  • ⛳️ Strategy 2: Improve resource mobilisation and financial sustainability

    • Develop a comprehensive fundraising strategy targeting diverse funding sources
    • Launch a donor engagement campaign to build a network of supporters
    • Create a transparent financial reporting system to build trust with donors
    • Explore social enterprise opportunities to generate sustainable income
    • Train staff and volunteers on grant writing and proposal development
    • Organise annual fundraising events and involve the local community
    • Establish long-term partnerships with corporate sponsors
    • Utilise digital platforms for online fundraising and awareness campaigns
    • Monitor and evaluate financial activities regularly to ensure effective resource use
    • Build a reserve fund to manage financial uncertainties and unexpected opportunities

  • ⛳️ Strategy 3: Strengthen family-based care and support services

    • Conduct training sessions for caregivers on nurturing and supportive parenting
    • Develop a mentorship programme connecting children with positive role models
    • Implement health and wellness checkups to monitor children's development
    • Establish a counselling programme to address emotional and psychological needs
    • Collaborate with local schools to ensure access to quality education for the children
    • Offer life skills training workshops for children to build resilience and self-reliance
    • Expand nutritional support programmes to ensure children receive balanced meals
    • Organise family bonding activities to strengthen family unity and support
    • Conduct home visits by trained social workers to ensure safe and caring environments
    • Regularly evaluate and adapt care plans to meet the evolving needs of families and children
community-engagementfinancial-sustainabilitycommunity-leadercaregiverfundraising-teamsocial-work-team
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Strategies and tactics for building a robust business foundation

  • ⛳️ Strategy 1: Enhance vendor relationships

    • Identify and research potential vendors that align with business goals
    • Develop a vendor management process to streamline communication and performance assessment
    • Offer incentives for long-term vendor contracts and partnerships
    • Implement a vendor feedback system to gather insights and improve relationship quality
    • Host vendor networking events or workshops to foster collaboration
    • Establish clear expectations and guidelines for vendor deliverables
    • Utilise technology to automate vendor onboarding and management processes
    • Negotiate favourable terms and agreements to ensure mutual benefits
    • Create a vendor recognition programme to acknowledge outstanding contributions
    • Regularly review and update vendor directory for up-to-date information

  • ⛳️ Strategy 2: Strengthen customer engagement

    • Conduct market research to understand customer needs and preferences
    • Develop personalised marketing campaigns to target specific customer segments
    • Implement a customer loyalty programme to reward repeat business
    • Utilise social media platforms to engage with customers and gather feedback
    • Offer exceptional customer service through various support channels
    • Create educational content or resources to inform customers about product benefits
    • Encourage customer reviews and testimonials to build trust and credibility
    • Hold regular webinars or live sessions to address customer concerns and questions
    • Monitor and analyse customer data to identify trends and improve strategies
    • Foster a community around the brand to create a sense of belonging

  • ⛳️ Strategy 3: Ensure platform reliability and user satisfaction

    • Invest in robust infrastructure to support platform scalability and reliability
    • Conduct regular system audits and maintenance to prevent downtimes
    • Implement automated testing to identify and resolve issues promptly
    • Gather user feedback to improve interface design and functionality
    • Establish a dedicated support team to address technical issues swiftly
    • Utilise data analytics to monitor platform performance and user behaviour
    • Set up a user onboarding process to enhance initial user experience
    • Ensure data privacy and security measures are in place and regularly updated
    • Develop a roadmap for continuous platform improvement and feature development
    • Provide clear communication about any platform updates or changes to users
vendor-relationshipscustomer-engagementvendor-managercustomer-service-managerit-support-teammarketing-team
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How to track your Financial Sustainability strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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