Photo courtesy of Jerry Bunkers.
What is Strategic Planning?
Strategic planning is vital for the growth of any business. Much like a great recipe is a guide to making a delicious meal, a strong strategic plan provides a business with a clear path to achieving its goals.
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Photo courtesy of Alex Osterwalder
Simplicity is the key to using strategic planning sessions to create actionable items. It’s not overly difficult to create a strategic plan, but management and implementation can be another story. Time spent on strategic planning is wasted if the project isn’t managed and broken down into actionable steps. Keeping the plan on track means setting reasonable goals and realistic timelines.
Photo courtesy of Horasis
A powerful strategic planning team is an asset to any business. Although an owner may be comfortable making the major decisions, having a planning team at your disposal exponentially increases the available pool of fresh ideas. There’s no substitute for an objective team who can explore diverse strategic opinions, then focus the ideas into a focussed plan aimed at a specific business goal.
