Three horizons of growth
Lay a strong business plan for your organization that perfectly balances driving short-term success and fostering long-term innovation and growth. Use this template
What is a three horizons of growth template?
The three horizons of growth template helps your team plan and prioritize innovation and growth strategies across short-term, mid-term, and long-term horizons for your business.
This template uses a 3x3 grid chart with time and value as key factors to measure your growth. The grids are divided into three horizons, each with a unique focus:
- Horizon one (current core business): Highlighted in orange, this horizon focuses on sustaining and protecting your current revenue streams.
- Horizon two (emerging opportunities): Shaded in yellow, this horizon focuses on allowing you to tap new opportunities like launching new products, features, and services or entering into new markets.
- Horizon three (long-term sustainability): Represented with green, this horizon is about embracing disruptive innovations like integrating AI into your product, which may not yield results immediately but sets your business up for the long term.
Who is this template for?
This template is a favorite among professionals like business leaders, CEOs, product managers, business analysts, and entrepreneurs who are all focused on driving strategic growth and innovation.
How to use this template
- Invite your teammates to the template space and give them a quick overview of the three horizons.
- For the first horizon, start by identifying and listing your current projects or initiatives that could support your existing business.
- In the second horizon, collaborate with your team to find mid-term growth opportunities, like launching new products, features, and services or entering new markets.
- For the third horizon, have your team list long-term growth ideas that could shape your business's future, such as disruptive innovations or visionary concepts.
- Periodically revisit the template to add new ideas and ensure you stay aligned with market trends.