These Strategic Planning Myths Can Hold You Back

strategy

Strategic planning is the art of creating specific business strategies, implementing them, and evaluating the results of executing the plan, in regard to a company’s overall long-term goals or desires.Strategic planning often boils down to choosing what not to do. Yet three myths continue to plague it:

  • Myth 1: Productivity is the goal. Productivity is about getting things done. Strategic thinking is about getting the right things done well. And that means leaving some things undone.
  • Myth 2: Strategy is about what’s “important.” Every project is important to someone, and every organization has more important projects than it can complete. Strategic thinkers must decide where to focus their efforts.
  • Myth 3: It’s only about thinking. Strategic thought has to yield actionable decisions. Leaders must step up and make the call about what the team will and will not do — and then stick to it.

See how a Modern Observer Group coach can help you think strategically and implement your strategy, Schedule a call here or contact us at the information below. Modern Observer Group programs are based on the Businetiks system as detailed in the book, “The Businetiks Way.”