Useful reminder to avoid flaws in strategic planning in HBP’s Management Essentials. Especially good to see the first item:
- Don’t skip rigorous analysis.
- Don’t think strategy can be built in a day.
- Take care to link strategic planning to strategy execution.
- Make sure to hold robust strategy review meetings.
This may all seem verypedestrian in these exciting times of strategic innovation and reinventing your business model – but no less critical than it always was.
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