VMOST is a strategic planning framework used to align and guide the efforts of an organisation towards achieving its long-term goals. It stands for Vision, Mission, Objectives, Strategy, and Tactics. Here’s a breakdown of each component:
Vision: This is a clear and aspirational statement that outlines what the organisation wants to achieve in the long term. It serves as a guiding star, providing direction and inspiration for all stakeholders.
Mission: The mission statement describes the organisation's core purpose and primary objectives. It explains why the organisation exists and what it aims to do on a daily basis to reach its vision.
Objectives: These are specific, measurable goals that the organisation aims to achieve within a certain timeframe. Objectives are usually more short-term and are aligned with the overall vision and mission.
Strategy: This is the high-level plan that outlines how the organisation will achieve its objectives. It involves making decisions on resource allocation, identifying key initiatives, and setting priorities.
Tactics: These are the specific actions and steps that need to be taken to implement the strategy. Tactics are detailed, actionable items that are often broken down into smaller tasks and assigned to different teams or individuals within the organisation.
By using the VMOST framework, organisations can ensure that their long-term vision is supported by a clear mission, measurable objectives, a coherent strategy, and actionable tactics. This helps to align efforts across the organisation and ensures that everyone is working towards the same goals.