harvard business school strategic plan template

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Business Strategy

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Who will benefit, mid-career professionals, general managers, consultants and investors.

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Creating Value for Customers

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Adding value through complements.

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How to Formulate a Successful Business Strategy

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Felix Oberholzer-Gee Business Strategy

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Business Strategy FAQs

What are the learning requirements in order to successfully complete the course, and how are grades assigned.

Participants in Business Strategy are eligible for a Certificate of Completion from Harvard Business School Online.

Participants are expected to fully complete all coursework in a thoughtful and timely manner. This will mean meeting each week’s course module deadlines and fully answering questions posed therein. This helps ensure your cohort proceeds through the course at a similar pace and can take full advantage of social learning opportunities. In addition to module and assignment completion, we expect participation in the social learning elements of the course by offering feedback on others’ reflections and contributing to conversations on the platform. Participants who fail to complete the course requirements will not receive a certificate and will not be eligible to retake the course.

More detailed information on course requirements will be communicated at the start of the course. No grades are assigned for Business Strategy. Participants will either be evaluated as complete or not complete.

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You will have access to the materials in every prior module as you progress through the program. Access to course materials and the course platform ends 60 days after the final deadline in the program.

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Harvard Business School Online Certificate in Business Strategy [Cohort Start Month and Year]

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School: Harvard Business School Online Dates Attended: [The year you participated in the program] Degree: Other; Certificate in Business Strategy Field of Study: Leave blank Grade: "Complete" Activities and Societies: Leave blank

Description: Business Strategy is a 6-week, 30-35 hour online certificate program from Harvard Business School. Business Strategy equips professionals with a simplified framework they can immediately apply to create value for customers, employees, and suppliers while maximizing returns and an organization’s competitive edge. Participants learn to evaluate trade-offs and align, prioritize, and formulate strategic initiatives for the greatest business impact.

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• Strategy Explained
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Some companies perform better than others, and keep innovating so they grow and thrive over time. This has been true throughout the history of business. Yet until the 1980s, terms like strategic positioning and competitive advantage were absent from the corporate lexicon. Even today, many leaders and managers fail to grasp the fundamental concepts that shape competitive strategy, causing strategic missteps with costly results.

Understanding Competition & Strategy

To understand strategy—what it is, why it’s important, and how to develop a successful one for any organization—you must begin with understanding competition. For more than three decades, Harvard Professor Michael Porter has been developing and refining the essential frameworks that explain how competition works and its implications for strategy in business, government, and society.

What is Strategy?

Strategy frameworks.

The Five Forces, the Value Chain, and other essential frameworks.

Creating a successful strategy

How to deliver unique value and drive continuous improvement in any organization.

Strategy and Smart, Connected Products

Three waves of IT-driven competition have radically reshaped competition in the past 50 years. Now, in the third wave, IT is becoming an integral part of the product itself. “Smart, connected products” are expanding and transcending industry boundaries, disrupting value chains, altering industry structure, and raising a new set of strategic choices for competitors.

About Michael Porter

Learn more about Michael Porter and his role in creating the modern strategy field.

Related Resources

• 01 Jan 2008
• Harvard Business Review

The Five Competitive Forces That Shape Strategy

What is strategy.

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Understanding Michael Porter: The Essential Guide to Competition and Strategy

View All Related Resources

“The worst mistake—and the most common one—is not having a strategy at all. Most executives think they have a strategy when they really don’t.”

Business Strategy: Evaluating and Executing the Strategic Plan

Explore the concepts and tools of strategic business management. Learn more about the organizational strategy within which managers make decisions and how it relates to competitive advantage.

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Harvard Division of Continuing Education

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Course description.

Learn strategic tools and evaluation frameworks for building a strategic vision for your organization. You'll sharpen your critical thinking and decision-making skills to strengthen your company's competitive advantage.

Instructors

Areen Shahbari

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Case Study: Navigating Labor Unrest

Paulo Ferreira, the president of Luna Brazil, has an ambitious plan to turn around the dismal performance of the plant he oversees in Campinas. The wrinkle is, he needs the buy-in of the powerful local union, which is still smarting from a 10-year-old labor conflict and lately has begun to step up its demands and picket outside the factory. Headquarters, running out of patience with the dispute, wants Paulo to consider converting the plant to a distribution center. But that would mean hundreds of layoffs, which would decimate the local community that Paolo loves.

Paulo Ferreira, the president of Luna Brazil, has an ambitious plan to turn around the dismal performance of the plant he oversees in Campinas. The wrinkle is, he needs the buy-in of the powerful local union, which is still smarting from a 10-year-old labor conflict and lately has begun to step up its demands and picket outside the factory....

RHI Magnesita (A): Brick by Brick - Organic Growth or Another Major Merger?

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The Strategy unit studies firms as competitors in an economic landscape. Key issues include: the development and effectiveness of firm strategy at both a business and corporate level; the analysis of the competitive environment; and the sustainability of strategy over time.

Our research, course development, and teaching draws on multiple disciplines, including economics, sociology, and political science, and focuses on both domestic and global competition. The objective of the work is to generate findings and develop concepts that will help managers improve their strategic decisions while advancing the state of knowledge in the academic study of strategy and related disciplines.

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• Strategic Plan 2020-2025

____________________________________________________

_____________________________________________________________

Introduction

Mission Statement

Strategic Plan

Implementation.

The Harvard Hillel Board of Directors and staff, under the guidance of the strategic planning committee, developed this 5-year plan to direct their efforts to meet the newly crafted [proposed] mission.

The creation of this document is only a first step in achieving Harvard Hillel’s objectives. The next step is to further develop the appropriate plans, action steps, and timeline to meet the goals.

During the implementation of the plan, it is the Board’s responsibility to ensure that the organization, through the actions of professional staff, is meeting its goals by monitoring progress on a regular basis and evaluating performance against each goal.

This is a working document, a tool to help Harvard Hillel achieve its goals. As such, it may be adjusted and modified as needed to support the changing environment and the needs of the organization.

Harvard Hillel is a Jewish home on campus that seeks to:

• Welcome students to experience the variety of Jewish identity, tradition, practice, values, culture, and community.  
• Inspire and enable Jewish connection, celebration, and action.  
• Prepare students to join, create, shape, and lead Jewish communities; strengthen the Jewish people; and live proud Jewish lives.  
• Share Jewish sources, traditions, ideas, and innovations, and their relevance in our world.  
• Forge connection and engagement with the State of Israel.  
• Foster friendship in a nurturing and refreshing sanctuary amid the stresses of student life.  

Engage the unique opportunities of Harvard and make Jewish thought and culture integral in the life of the University.

Goal 1: Undergraduate Students

Expand undergraduate outreach and engagement to connect with all Harvard College students who have a Jewish identity to inspire and support them in forging Jewish life.

Goal 2: Graduate Students

Build a Jewish community among Harvard graduate students and Harvard-affiliated young adults.

Goal 3: Community Engagement

Raise the profile of Harvard Hillel on campus and beyond.

Goal 4: Facilities and Rebranding

In service of Goals 1, 2, and 3, ensure that our physical space supports our new and expanded offerings and explore rebranding Harvard Hillel.

Undergraduate students who have a Jewish background/identity are the heart of our work at Harvard Hillel. We serve as a home base and hub of activity for all Jewish students. We support students along their unique paths, contributing to a meaningful Jewish life which sustains well after they graduate. We embark on this strategic plan resolved to know every Jewish undergraduate student at Harvard by name, to deepen relationships with and among students, and to use our knowledge of real student needs and interests to continue to offer dynamic programming for the diverse group of students in our care.

Strategy 1: Data Collection

Improve collection, analysis, and use of data to achieve greater understanding of our target population, discern and further develop effective engagement strategies, and sustain engagement with all students we identify.

• Survey students at least annually to understand their needs, measure their satisfaction with our programs and determine the impact Harvard Hillel has on their Jewish identity.

Strategy 2: Outreach

Increase the frequency and continually evolve the mix of outreach initiatives and programs to identify and involve all Harvard College students with a Jewish background/identity.

• Augment our peer-elected Undergraduate Steering Committee with an appointed student leadership team focused on outreach and engagement.
• Ensure outreach and engagement work is a consistent year-round focus, beyond current seasonal pushes (which include Freshman Week, High Holidays, Shabbat1000, Housing Day, Passover, Visitas).
• Strive to have at least 75% of Jewish undergraduate students attend at least one Harvard Hillel event per year.

Strategy 3: Engagement

Increase the number of Jewish Harvard College students* who have deeper or more frequent involvement with Harvard Hillel.

• Further nurture and support our existing community of highly engaged students.
• Cultivate a broader set of undergraduate affinity groups within Harvard Hillel.
• Increase collaborations with student affinity groups on campus through joint programming and offering our facility to host collaborative events.
• Attract students by multiplying opportunities for student-faculty encounters.
• Expand program offerings which educate and expand upon students’ cultural fluency so that they can lead meaningful Jewish lives.
• Create opportunities for current students to develop relationships with Harvard Hillel professional staff to that we can support each student on their unique Jewish path.
• Strive to have at least 35% of Jewish undergraduate students attend 6 or more events or 1 or more immersive experiences.

Strategy 4: Professional Development

Provide ongoing professional development for the Harvard Hillel staff in outreach and engagement to improve effectiveness.

• Partner with peer campuses for staff training in outreach and engagement.
• Take advantage of Hillel International programs to learn from the field.

*Note: future references throughout this document to “Jewish” students, or similar terms, are meant to encompass broadly those who have Jewish identity or background.

Approximately 2500 Jewish graduate students are enrolled in Harvard's eleven graduate and professional schools. Transforming this large and currently underserved population of Jewish young adults into a community is a worthwhile objective in itself and will broaden our reach as Jewish enrollment in Harvard College has declined. Creating a graduate student community requires a distinct and robust programmatic approach. In addition, a large local age peer community is greatly enmeshed with Harvard graduate students in Jewish life, presenting a challenge of mission scope, but also the possibility of partnerships with other organizations. The goal of Jewish graduate student community demands the most structural change – to staffing, facility, and funding – but we believe the opportunity is compelling.

Strategy 1: Data Collection

Collect data to better understand the needs and opportunities to engage Harvard graduate students and Harvard-affiliated Jewish young adults.

• Conduct an environmental scan of other Hillels and Jewish organizations who actively engage graduate students.
• Survey and conduct focus groups with Harvard Jewish graduate students to determine the type of programming which will meet their interests and needs.
• Improve our data on Jewish graduate student populations in Harvard’s eleven graduate and professional schools, in order to improve communication, visibility, and outreach. 

Strategy 2: Leadership

Create and staff a Council of the Jewish Student Association (JSA) heads from across schools for collaborative planning and programming.

• Work with JSA’s to identify and reach all Harvard University graduate students with a Jewish background/identity.
• Hire graduate student interns to support JSA Council initiatives.
• Increase communication and visibility of the Harvard Hillel “brand” in the graduate school communities.

Strategy 3: Programming

Expand our programming and the calendar of events to build community across graduate schools and engage graduate students in Jewish life.

• Host more of our highly popular social gatherings for graduate students.
• Involve graduate students and young professionals regularly in each of Harvard Hillel’s denominational prayer communities.
• Support small group “clusters” for Shabbat meals and Jewish learning.
• Multiply opportunities for encounters among students and faculty across Harvard schools and young professional communities.
• Increase mentoring of undergraduates by graduate and professional students.

Strategy 4: Partnerships

Explore partnerships with outside organizations who are already working to engage graduate students and young professionals.

• Investigate a partnership with Combined Jewish Philanthropies to establish Base Hillel Cambridge.
• Develop a more consistent collaboration with the Cambridge Conservative Minyan.
• Explore potential collaborations with Chabad, Moishe House, et al.
• Collaborate with local organizations to build broader post-graduate Cambridge Jewish social and cultural community.

Goal 3: Community Engagement   

Harvard Hillel engages our community in compelling ways when we create featured programs that leverage the special assets, opportunities and setting of Harvard. Sharing Jewish ideas and culture and Israel with all of Harvard is an essential role; and our setting at the core of the Harvard community, along with our network of thought leaders and accomplished alumni, enable us to create and convene conversations of the highest caliber. Harvard Hillel will build on our current high-profile forums and initiatives to a) engage our University community and increase our appeal on campus by showcasing thought-leadership on relevant issues; b) share this aspect of Harvard Hillel with our widespread alumni and other supporters; and c) increase the renown of Harvard Hillel as a thriving community and center of Jewish excellence. 

Strategy 1: Student Leadership

Amplify students’ voices on issues of the day and increase dialogue among students, faculty, and special guests on critical issues facing the Jewish community and Israel.

• Cultivate and promote an expanded set of major programs conceived by students (e.g. Israel Summit, Israel Trek, student-invited speakers).
• Increase student involvement in the conception, planning, and implementation of further high-profile programs.
• Strengthen Harvard Hillel’s position as the center of Jewish and Israel activity on campus.  

Strategy 2: Partnerships and Programs

Multiply and diversify collaborations with faculty, academic departments, offices, and centers of Harvard to consolidate and promote our distinctive platform for featured conversations on important ideas and issues.

• Continue and highlight our faculty and guest speaker series and continue to share it online.
• Build on the success of the Riesman Forum on Politics and Policy, Brachman Israel Initiative, and Harvard College Israel Trek to convene further high-level events and conversations.  
• Partner with Harvard departments, offices, and centers to develop and launch relevant, proactive, and responsive events on campus.
• Increase student-faculty interaction through these collaborations.

Strategy 3: Wider Audience

Share selected high-profile Harvard Hillel programs with our wider constituency of alumni and supporters in convened programming at Harvard and in online modalities that increase our visibility and reach. 

• Build a core set of programs and opportunities for alumni to foster connection and engagement with Harvard Hillel and one another.
• Promote and share signature Harvard Hillel programs with alumni via in-person and digital platforms; live-stream and web-cast major programs to beyond-campus constituencies and a wider audience.
• Create a featured program each year at reunion time.
• Consider new forums for engaging students, faculty, alumni, and others around topics of Jewish- and Israel-related interest
• Foster an online community among Israel Trek returnees, including current students and alumni (already numbering in the hundreds); consider creating an Israel Trek for alumni and supporters.

In service of Goals 1, 2, and 3, ensure that our physical space supports our new and expanded offerings and explore rebranding Harvard Hillel.

Strategy 1: Facilities

Decide on the extent of renovations to Rosovsky Hall needed to meet our future needs.

• Ensure we can provide ample space for simultaneous graduate and undergraduate events and incorporate graduate students into Shabbat community and Sabbath meals.
• Ensure that we have the financial resources in hand to support any expansion/renovation of our facilities and increase endowment levels to secure Hillel’s continued programming role on the Harvard campus.

Strategy 2: Rebranding

Determine the advantages and liabilities of rebranding Harvard Hillel, whether in the near term or as programming evolves .

• Survey and conduct focus groups with undergraduate students, graduate students, alumni, and other supporters.
• Conduct a study of Hillels who have undergone a rebranding effort.

Implementation of this plan, particularly the goal of building a Jewish graduate student community, will require additional funding and staffing as well as modifications to the facilities at Harvard Hillel. It is important to make provisions to secure these resources to ensure the success of the strategic plan. Therefore, a task force with representatives from the Strategic Planning Committee, Development Committee and Building Committee will meet to coordinate their plans.

Human Resources

In order to successfully implement the strategic plan, we will have to reassess our staffing structure. Parts of this plan, particularly Goal 1, can be executed with minor realignment of the current staffing levels. However, some initiatives, such as those in Goal 2 and possibly Goal 3, will likely necessitate additional staffing and/or repurposing of current staff once the amount and types of new programs are determined for each goal.

Financial Resources

The additional programming and staffing needs, along with the required building renovations, have significant associated costs. Fundraising, which has been integral to Harvard Hillel’s success, will become even more of a priority for both the organization and the board.

This strategic plan and the vision for our building necessitate a robust, multi-year fundraising plan to ensure that we have the resources we need and remain sustainable. Year 1 of the strategic plan, when we have relatively few additional expenses, will be spent creating the fundraising plan which will include a major gifts program, outreach to untapped foundations, and an expanded capital campaign. Implementation of the fundraising plan will begin in year 2 when we need more resources to implement Goals 2 and 3.

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Write a business plan

• Review templates and tools for developing and pitching your business plan.

Public Web sites:

Small business administration.

The "Small Business Planner" section has a specific page of resources to guide you when creating this essential component for getting your business started.

Start-Up Resource Center

An Inc. Magazine Web site offering a useful and thorough how-to guide with advice and ideas on Structuring a Business Plan .

Additional information on Business Plans is available at the Arthur Rock Center for Entrepreneurship. There is also a classic article written by Professor Bill Sahlman on How to Write a Great Business Plan .