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The Essence Of Strategic Planning

Published by on April 23, 2018

There is so much confusion today in corporate leadership around all of the commonly used terms of vision, purpose, mission and strategy. The most confusion surrounds a through understanding of what strategy really means and how you develop and sustain the best strategic position. This HBR post is excellent:

“It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” Done and dusted, they all head home. But have they produced a plan with a strategy? At the start of my public seminars on strategic planning I ask attendees, who rank from board members and CEOs to middle management, to write down an example of a strategy on a sheet of paper.”

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“Dan led a workshop on “Reaching Your Potential” at our annual Utility Supply Management Alliance conference. Dan led the group through a very specific process on establishing specific goals, (personal, family and professional) and on how to develop a plan of execution and evaluation.

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