While each organization’s strategic plan should be specific to its needs, our research and experience has determined that organizations that follow best practices in strategic planning have a greater probability of achieving their objectives. To see how your organization stacks-up...
A vision is a clear and ideal picture of what your organization will look like in the future. Many organizations have a vision. For some it is represented by a vision statement, for others it a written description. Regardless of...
I'm often asked what the role of the Board is in the strategic planning process. The most common answer is that the Board is responsible for the strategic direction of the organization and therefore should set the strategy. Few people...
The major problem with strategic planning is the failure to implement. The answer is not to abandon strategic planning. Rather we should look at changing the process we use to develop our strategic plans. When we think of strategic planning...
In Part 1 I outlined five approaches to strategy development: Mission-based strategy. Vision-based strategy. Environment-based strategy. Resource-based strategy. Capability-based strategy. While these are useful in understanding the various ways of looking at strategy development, for many organizations there is a...
Most of us rarely take the time to sit back and think about our organization and in which direction we want to take it. We have enough on our plate so we leave the concept of thinking about the future...
Your current strategic plan is up for review. A date is set, the board, or a designated sub-committee and the Executive Director (or equivalent staff person) get together for the purpose of setting the future direction for the organization. So,...
The times, they are a changing. The only real constant is change itself. These are both sayings we have heard before. They reference the pace and speed of change. With everything changing so fast and in ways that we have...
Should strategic planning be a projected or creative process? Is there one right way to develop organizational strategy? Are some organizations better suited to adopting one approach rather than another? Projection and creation can be considered philosophically different approaches to...
A strategic plan provides a guideline for the effective allocation of resources that help improve the probability of achieving specific goals & objectives. Through discussions with many organizations we have found that although they develop a strategic plan, many have...
