Strategic planning for HOA board members

Strategic planning is the method used to identify where we're headed and how we're going to arrive. Here are the steps we're taking:
- Examining where we are now. We'll figure out our strengths and weaknesses, and what opportunities and threats we face. Getting an idea of where we presently stand will aid us in arriving at our future goals.
- Defining our purpose. We will make that our "mission statement". For instance, "Our association's aim is to secure the best possible quality of life for our residents."
- Setting goals that clarify what we require to complete our mission. These goals will be clear-cut and measurable, and will show the degree of progress we make.
- Determining how to reach our goals. It may be necessary to set aside resources, build committees, or take on other duties to reach our goals.
- Building an action plan. Every step will need its own action plan. For instance, if a committee is required, who will participate, what tasks will they be given, and at what point will a result be necessary?
- Overseeing and making changes to our plan. The strategic plan will be looked over periodically. If we find that ideas and goals previously set were impractical or faulty, we will make the necessary changes.