University of Cebu – Main

College of Business and Accountancy

Summer A.Y. 2020 – 2021

BA 316 - Strategic Management

Name: Course & Year: Schedule & Block : Date Submitted:

My Strategic Life Plan
Your strategic life plan considers all of the areas in your life that are important to you. This plan is based on a framework of personal values, hopes and
dreams. Straying from your plan on a whim becomes a risk that’s quantifiable. So having any plan in place provides a means to calculate risk and manage
impulsiveness.
For a college student this is imperative, as the risks and available impulses are many. It’s just like surfing or snowboarding. They are exhilarating and
sometimes terrifying sports. For a few, calm moments, just before you launch off the top of the wave or that enormous mountain that will propel you into the
twists and turns below, you can see almost everything in front of you. At once, you decide how to take the turns, manage the risk, and if you gain too much speed,
how to slow down or duck out entirely. The more you practice, the better you get, and the more natural the decision- making feels.
Going through life without a strategic plan would be like a novice snowboarder deciding to blaze down a treacherous black diamond course instead of a
sensible bunny hill. Imminent disaster.
This template is meant to help you organize your priorities, establish your life goals and design your own plan.
Step 1: Establish Your Priorities
List the areas in your life that are very important to you. This list might include your family, career, health, financial security, community service, and spiritual. Once
you identify your valuable areas, number them from extremely important (#1) to least important (#20, or whatever you ended up with).
#1 - Family #5 - Financial Security
#2 - Education
#3 - Career
#4 - Health
Step 2: Establish Your Goals
For each of your priorities identified in Step 1 above, think about where you want to be in that area of your life in the next one to two years, the next five years, and
ultimately, at the end of your life.
MY LIFE AREAS In 2-3 years I want to be here: In 5-7 years I want to be here: Ultimately, I want to be here:
Make them happy and return what
Family Treat my family Strong ties with my family
they sacrificed for me
Education Finish my studies at UC Pass the CPA Board Exam Enhance knowledge and learnings
Find a job that is close to what I Be happy and contented with the job
Career Have a stable job
studied that I have
Health Live a healthy life Mentally healthy Be healthy in all aspects
Treat my mother like a queen and Not worry financially and just live life
Financial Security Provide my needs and wants
travel around the world to the fullest

Step 3: Develop Your Action Plan

Keep this in your mind at all times: What gets planned – gets done! Without specific steps and dates, all you have is a wish list - not a plan. Writing in the details of
the plan is essential to your success. This is where you set in place the action steps and deadlines to get you where you want to be and help you accomplish your
goals.
Consider using the SMART Model: Specific, Measurable, Attainable, Realistic and within a specific Time-frame. You will need to identify detailed steps for each one
of the “Goals” you wrote in Step 2 above. The next page shows a sample of one Life Area (Education), one goal and its action steps.
You will only start your plan here, but it must end up as complete as possible. It needs to become a part of the substance of your daily schedule, and thus, your life
(so you can make your life happen.)
Remember, this is NOT written in stone - not your purpose, or any of the goals or steps. Just as in a strategic plan in business, things change. Life has a funny way
of shifting from time to time, requiring adjustments in timing, steps, and resources. Sometimes you might simply change your mind, but to get anywhere, you must
start somewhere.
Good luck and happy planning!

Sample – Strategic Life Plan

Life Area: Family
GOALS ACTION STEPS DEADLINES
Treat my family By the end of the year
1) Eat at a restaurant 12/31
2) Give them gifts 12/24
Strong ties with my family
1) Attend everyone's birthdays:
- Mama 02/15
- Mama Lina 05/30
- Mama En-En 08/15
- Mama Lelet 10/05
- Papa JunJun 01/22
- PatPat 07/11
- Miguel 09/30
- Ate Julienne 07/23
- Pax 05/20
- LayLay 04/27
Make them happy and return what
they sacrificed for me
1) Celebrate holidays and special occasions with them:
- Christmas Day 12/24
- New Year's Eve 12/32
2) Have a vacation with my family Every Summer

Life Area: Education

GOALS ACTION STEPS DEADLINES
Finish my studies at UC By the end of the year
1) Study hard and pass all of the subjects Until the school year ends
2) Make all of the given assignments, projects, and quizzes Until the school year ends
Pass the CPA Board Exam
1) Review and focus 2028
Enhance knowledge and learnings
1) Find out about possible schools offering enhancement what I learned 12/31
about accounting

Life Area: Career

GOALS ACTION STEPS DEADLINES
Find a job that is close to what I By the end of the year
studied
1)Apply to jobs related to accountancy 2024-2025
Have a stable job
1) Choose a job that can support me financially 2030-onwards
Be happy and contented with the job
that I have
1) Give my best in doing my job Every single day
2) Choose a job that I love and has good benefits 05/31

Life Area: Health

 GOALS ACTION STEPS DEADLINES
Live a physically healthy life By the end of the year
1) Eat healthy food 01/01
2) Exercise regularly 01/01
Mentally healthy
1) Always have a day off to relax
2) Read self help books 12/02
3) Have a 'me' time Once a week
Be healthy in all aspects
1) Go to church Every Sunday
2) Have a regular check up 01/01
3) Have enough time of sleep 12/31
4) Do things that makes me happy:
- Brush Calligraphy 12/01
- Journalizing Every day
- Reading On weekends

Life Area: Financial Securiy

 GOALS ACTION STEPS DEADLINES
Provide my needs and wants By the end of the year
1) Have a job 12/30
2) Have savings and be wise using the money 01/01
Treat my mother like a queen and
travel around the world
1) Stop her from working 12/31
2) Buy her expensive things 12/23
3) Give her a house 02/15
Not worry financially and just live life
to the fullest
1) Find a company where I can invest my money 12/15
2) Have a life insurance 01/01
3) Keep the job that I have 01/01
4) Have a small business 12/31