After establishing and configuring a strategic framework, the subsequent phase involves the creation of a strategic plan. During the strategic plan setup, you'll be able to specify the review period frequency, progress tracking intervals, and whether the plan follows a regular calendar year or a fiscal year. To draw an analogy, envision the strategic plan as the foundational structure, roof, and frame of a house. Once this framework is in place, it becomes the collective foundation upon which all entities within the organization can actively engage, collaborate, and execute the strategic plan together.