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The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.
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In this episode Martin and Bernice, describe the strategic stack as a pyramid with different layers that, when properly implemented, give an organisation the greatest chance of success.
Lack of clarity is the number one reason for an organisation's failure and that the strategic stack is the key to providing that clarity and direction.
They break down the three main elements of the strategic stack:
Mission: The mission is the organisation's "message to the world" and its external statement of purpose. It should be simple, punchy, impactful, and describe what the organisation is trying to achieve in 12 words or less.
Vision: The vision is the internal goal for the organisation, describing how the mission will be achieved.
Goals: Goals are the measurable, tangible milestones and outcomes that an organisation wants to achieve each year to advance its mission and vision.
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