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Strategic Planning Pitfalls

thoughtLEADERS, LLC

Avoid these six pitfalls as you create your organization’s strategic plan. As you look at your organization’s strategy and your current strategic planning process, it’s critical to understand there are some really large pitfalls out there that you can fall into.

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Keep Strategy Simple

Harvard Business Review

Few companies have a clear idea of where strategy making ends and execution begins. As a result they develop strategic plans where they’re not required and fail to develop strategic plans where they are.

Strategy 131
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Avoid These 5 Strategic Planning Risks

thoughtLEADERS, LLC

Create better strategic plans by avoiding these five common mistakes. Strategic planning takes a lot of time and energy. Here are some warning signs that you can look for to determine if your strategic planning process is flawed. Please click the article headline above or go to [link] for more.

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Understanding the Principles of Strategic Planning

thoughtLEADERS, LLC

Learn about the three principles of strategic planning and how they can focus your efforts. What is a strategic plan, and why is it important? A strategic plan defines what your organization stands for. Please click the article headline above or go to [link] for more.

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How frequently do you update your strategic plan?

thoughtLEADERS, LLC

Our reader poll today asks: How frequently do you update your strategic plan? We refresh more than once per year—13% We update it annually—43% We update every couple of years—19% We rarely refresh it—12% What’s a strategic plan?—13% —13% Regular strategy review.

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Strategic Planning for Business Growth in 2024

Strategy Driven

In 2024, strategic planning remains a critical driver for business growth. As markets evolve and technological advancements accelerate, companies must adopt comprehensive strategies to navigate these changes and seize new opportunities.

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How CEOs Are Using Gen AI for Strategic Planning

Harvard Business Review

Real-world examples of what these new tools can — and can’t — do.