Once a noble pursuit, strategic planning lost its potency and the trust of management. Restoring it to its former glory will require overcoming six fatal flaws. To-date my research has surfaced six flaws in the strategic planning process. Each of these flaws will be discussed below along with their resolutions.
Fixing the Flaws
To restore strategic planning to a modern, agile, and integrated process, each of the following flaws need to be addressed:
Situation – understanding your starting point
Participation – having enough stakeholders involved for buy-in
Language – using a common language
Alignment – getting everyone on the same page
Sequencing – deciding what to do first, second, etc.
Horizon – determining how far out you plan
Read more at our free ebook, “What Happened to Strategic Planning“.