Strategic Planning: Key Takeaways
Managers struggle with strategic planning — to the extent that some experts claim that there’s no such thing. Actually, strategic planning is a very useful part of the toolkit, provided you can avoid the stumbling blocks.
- The key is to recognize that a strategic plan is not a to-do list but rather a set of ideas that you will certainly change.
- Given that, it’s important to build change into the process.
- Finally, don’t tie your strategic plan too closely to your budget.
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