Get strategic planning right

Useful reminder to avoid flaws in strategic planning in HBP’s Management Essentials. Especially good to see the first item:

  1. Don’t skip rigorous analysis.
  2. Don’t think strategy can be built in a day.
  3. Take care to link strategic planning to strategy execution.
  4. 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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