Most strategic plans are not integrated in day to day operations. There is little opportunity for feedback to adjust the plan, for new suggestions to amend the plan, or for a transparent timely assessment of the plan’s progress. The environment you planned to take on is changing at a faster rate than you planned for and before you’ve even had a chance to realize your planned results. You need to stop wasting time on an old planning process that produces results that go obsolete in a matter of months, and to one that pushes you to grow in new ways and to be resilient. Let’s consider a simple, updated planning process that applies to century-old institutions, rust belt factories, and start-ups alike. What would such a planning framework have to contain in order to propel all of these organizations forward?
Hosted by Leah Sciabarrasi, PhD, a podcast from Manifoldo.
Show References
Blackerby, P. (2003). History of Strategic Planning. Retrieved March 22, 2017, from http://www.blackerbyassoc.com/history.html
Kalhorn, R. (2020, October 16). The annual strategic plan is dead: Make your team the real-time strategy. Retrieved April 01, 2021, from https://www.forbes.com/sites/renitakalhorn/2020/10/16/the-annual-strategic-plan-is-dead-your-team-is-your-real-time-strategy/?sh=7ffa4cbc13c7
Webmaster. (n.d.). List of Fortune 500 companies and their websites. Retrieved March 22, 2017, from http://www.zyxware.com/articles/4344/list-of-fortune-500-companies-and-their-websites
Wolfe, N. (2010, April 1). Strategic planning is dead – Long Live Strategy Execution. Retrieved April 01, 2021, from https://www.fastcompany.com/1603160/strategic-planning-dead-long-live-strategy-execution
Woyzbun, R. P. (n.d.). The Evolution of Strategic Planning. The Marketing Works, 1-8. Retrieved March 22, 2017, from http://www.the-marketing-works.com/pdf/planning.pdf

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