7 Reasons Why Schools Need Strategic Planning
Having worked with some of the most successful schools in the world -- from North America to Australia -- I noticed they have one thing in common: A great strategic plan. Strategic planning isn’t just for businesses and non-profits. Any school with a mission to succeed in the best educational interests of their students must have a plan to get there.
How To Optimize Strategic Planning With The Balanced Scorecard Approach
Strategic planning allows you to put your best foot forward on the road to success. But, without a means of measuring performance along the way, you can only guess as to the efficiency of your travels.
While financial reports can provide insight into certain key performance indicators, they can’t tell you the whole story. You also need a means of measuring non-financial, qualitative performance to get a balanced, big-picture view of your ongoing strategies and processes. That’s where the balanced scorecard approach comes into play.
5 Reasons Why Strategic Planning Fails
Despite the best of intentions, strategic planning sessions have a tendency to end in heartache. According to Greg Bustin at Bustin & Co. “...depending on which study you follow, the statistics range from a dismal 3 percent of companies who say they are successful at executing their strategies to about one out of every three organizations that integrates its plans into its daily operations with high effectiveness.”