Anyone can make a strategic plan, but executing the plan is the hard part. Creating tasks, setting KPI's and developing project plans are only part of the equation when it comes to leading a team or guiding a company towards success and growth.
When it comes to strategic planning, getting alignment and buy-in from your team are two ingredients that will help increase the likelihood of success and improve the overall environment in an organization.
This environment creates greater employee engagement and is hard to measure when it comes to bottom line revenue. When done properly, greater employee engagement translates into greater output, greater employee (and customer) satisfaction, and greater retention of skilled staff (which is getting harder and harder to come by and is a big cost saver).
When it comes to your business strategy or strategic plan, there's a strong emphasis that is put on the values of the company aligning with the values of the people within it.