Business Plan And Budget Template Page 7
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50Business Plan
The business plan is the vehicle through which the strategic plan adopted by the Benchers is
converted into practical work. It takes the aspirations in the strategic plan, turns them into
concrete plans to be implemented and uses those plans as the foundation for the budget.
The Law Society Comprehensive Governance Plan includes this process diagram:
In formulating the business plan, we considered the aspirations in the strategic plan. Because
one of the Law Society’s strategic goals is to be a model regulator, we also considered what is
taking place in the world of professional regulation. We can then test our planned work against
the work being carried out by leading regulators in Canada and the rest of the world to
determine if we are achieving the aspirational goal of being a model regulator.
Proposed 2015 Business Plan & Budget
Page 7 of 50
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