Kaitiakitanga
Developing a business plan
Develop a plan around who will do what to achieve the strategic outcomes for the whenua, and how you will measure success.
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What is a business plan?
A business plan outlines what needs to happen in the short term to help achieve your long term goals for the whenua.
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Creating a business plan
A balanced scorecard is one way to do a simple, shareable business plan.
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Assigning roles and tasks
Trusts and Māori incorporations can assign roles or tasks to trustees, owners or other stakeholders or hire employees to do the management work.
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Monitoring and measuring success
Work out how to measure the success of your mahi, then monitor it to make sure it's on track to meet your goals.
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Developing an Investment Policy Statement
If there's money coming into your trust, you should define how it will be used, shared or invested.