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Step #5 – Strategic Plan execution and monitoring

Step #5 – Strategic Plan execution and monitoring

The best laid plans often fail due to poor execution and follow through. This is what GREAT companies work at becoming great at. Making plan execution a priority is where many companies fail. They simply develop a great plan and put it in a binder on the shelf. Even...
Step #4  Developing your strategic plan

Step #4 Developing your strategic plan

Planning may take place as a single event over one or multiple days, or it may be a process completed over the course of several months. Either way, it is important that you engage the entire team in brainstorming and providing input to improve, expand, multiply,...
Step #2 Who should participate in strategic planning?

Step #2 Who should participate in strategic planning?

Often-times companies limit involvement in strategic planning to the senior leaders in the company. This approach works for many, however, you should determine the level of expertise and input needed to formulateĀ a plan that will include quality and accurate...
Step #1 – Strategic Planning 101

Step #1 – Strategic Planning 101

Did you know that 90% of businesses fail during their first year? This is typically due to poor planning or no planning. Entrepreneurs often just jump in and start doing business without a real plan. Without knowing how to finance their business, without knowing what...