This document contains the UNFPA strategic plan for 2014-2017. The plan reaffirms the strategic direction set out in the midterm review of the 2008-2013 strategic plan, as represented by the “bull’s eye”, and presents a set of organizational changes that support its attainment. These reforms include a strengthened results framework, a new business model, and improvements to the funding arrangements. The document also covers the resource requirements (including the resource allocation system) and the approach to operationalizing the strategic plan. Together, these elements constitute a package that will increase the effectiveness and efficiency of UNFPA, enabling the organization to have a more significant impact on the lives of women, adolescents, and youth around the world.