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Strategic Planning and Management Insights

One of the Biggest Strategic Planning Failures I've Ever Seen

[fa icon="calendar'] October 18 / by Anthony Taylor posted in Strategic planning, Business strategy, Business news, use case, strategy case studies

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There are a few keys to developing a successful strategic plan, and one of them is getting everyone bought into your plan. Without alignment, the whole strategy comes to a standstill, or worse, drags the organization backwards. Even if you have a great strategic plan and very clear benefits and opportunities, it still does not guarantee success until you have everyone bought in.

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Why Do Strategic Planning?- Use Cases

[fa icon="calendar'] June 07 / by Anthony Taylor posted in Strategic planning, use case, strategy case studies, Growth

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You can use strategic planning in many occasions in your organization such as:

- Looking at new markets to enter
- Planning growth and overall business strategy
- Dealing with competitors
- Creating action plans with your team
- Choosing between different strategic investments
- Predicting uncertainty in the future
- and much more.

Deciding when to do strategic planning and what you should focus on as part of your planning process really depends on where what your organization is dealing with in the present.

DOWNLOAD OUR CUSTOM STRATEGIC PLANNING TEMPLATESome organizations update their strategies quarterly, some yearly and others monthly or weekly. 

Deciding when and why to work through strategic planning really depends on your industry and how concerned your team is with being proactive (versus reactive) to changes in the business environment. 
With ever increasing globalization and the speed at which technology changes, almost every organization should be reviewing their strategy every quarter. This might just mean discussing key priorities as part of your strategic plan, or breaking down the strategic plan into smaller chunks.

We've worked with many clients who were wondering why they do strategic planning. Here are some use cases and benefits they got out of the strategic planning process: 

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Facebook's business strategy pays off big.

[fa icon="calendar'] February 22 / by Anthony Taylor posted in Strategic planning, Business news, strategy case studies

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Facebook and Mark Zuckerberg know what they are doing when it comes to a business strategy that works - They went against conventional wisdom when starting off and focused on acquiring users instead of jumping straight into revenue generation. This long term strategy has allowed them to gain huge amounts of market share and become the de-facto social network .

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What Organizations Can Learn From Team Canada Hockey

[fa icon="calendar'] February 23 / by Anthony Taylor posted in Strategic planning, Business strategy, strategy case studies, team building

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Congratulations Team Canada Hockey (Men and Women) as well as all other athletes for their successes in these 2014 Olympic Games.

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