Strategic planning is often used as a means to delay action. Change your thinking to keep your company successful into the future.
Before you invest time and money in traditional strategic planning, consider this: only 5-10% of strategic plans are ever implemented. The reason most organizations engage in strategic planning is to reduce anxiety. It’s like taking a couple of aspirin for a headache. In this case, the headache is the future. The aspirin is a couple of days locked in a room, putting checkmarks in the appropriate boxes. Mission statement (yada, yada, yada): check; SWOT analysis (Strengths, Weaknesses, Opportunities, … Read the rest