by Chris Labatt-Simon | Jun 11, 2014 | Uncategorized |
Be Sociable, Share! Tweet Rain, rain and more rain. I wish it was nicer out, but at least it gave us some time to put together a decent list of resources and articles. We’re going to focus on strategic planning this week. It takes a long time to put together a fairly comprehensive strategic plan, so using the normally slow Summertime to start the strategic planning project is never a bad thing. First – I just want to clarify something. My clients often confuse business plans with operational plans with strategic plans. The best way I usually describe it is that business plans talk about the business basics – general descriptions of the business, products and services, the market, competition, personnel, financial statements and projections and more. Operational plans talk about execution. What are we going to do this year and how are we going to do it? They often incorporate sales and marketing, delivery and more. Strategic plans, however, look at the long term. Usually they look at a three to five year period. It’s where you’re NOT today. The strategic plan is designed to close the gap between where you are right now, and where you want to be. Let’s take a look at a few things that might help you along the way. Strategy execution → I have a quote in the signature of my personal email from Morris Chang. “”Without strategy, execution is aimless. Without execution, strategy is useless.” Strategic planning is useless if you don’t execute, and this is a great PowerPoint presentation on creating a culture of execution, and how it relates to your strategic plan....
