Strategic plans are important for any business, and they are never really complete. Business owners should consider strategic plans living documents that direct the work of the organization but that are flexible enough to be modified as changes in the environment require shifts in direction for the organization.
Definition of springboard for Students. : a flexible board usually fastened at one end and used for jumping high in the air in gymnastics or diving.
noun. 1  a. 2  a. 3  An activity having a specified aspect: an undertaking that was an exercise in futility. 4  A military maneuver or training activity. 5  exercises A ceremony that includes speeches, presentations, and other activities: graduation exercises.