Effective Strategic Planning

There are a number of well-known models for strategic planning, with various terminologies supporting these models. Any of these models can be employed successfully. Independent of model and terminology, effective strategic planning requires three core components: Vision, strategy, and execution. Managing the transition between these components will increase successful strategic outcomes.

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Why Strategy Fails

It is important for senior executives to understand why strategies fail and how to spot flaws that can have significant impact on strategic outcomes. Being able to identify flawed strategies, organizations have a much better chance of creating good ones.

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