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.”
The Art of Effective Operational Planning
Traditionally, strategic and operational planning have been approached separately. But, this has proven problematic. More often than not, a strategic plan with well-defined goals, strategies and objectives can quickly become overly complex and confusing if the way it’s being operationalized and implemented isn’t clear or aligned with your strategy.