123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Strategic Planning: What To Avoid?

Profile Picture
By Author: Regie Macalam
Total Articles: 64
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Taking advantage of Strategic Planning for clearer direction

Organizations, companies and businesses may have what they call strategic planning, but producing an overall clear direction is very vital for success. Members of these groups need to feel as if they are part of something bigger than themselves. At the same time, they need bright guidance to learn what something bigger they are part of.

Doubts on the effectiveness of business strategic planning may be a conclusion from the fact that strategic planning is not often crucial and most commonly results in pages and pages of plans that sit unused in desk drawers. Another reason is there are many organizations, companies, businesses who fail at implementing their supposedly strategic plans over the years. The reasons why they fail to implement their strategic plans maybe as follows.

Direction
- It is expected to experience a fast moving and fast changing industry and these groups may have not created an overall guide for their direction. Putting together your operational plans and setting your goals could aid this issue. But factors like sales, ...
... your competition, your ability and many others make strategic planning useless and so you need to watch out for it.

Priority
- It is very good to have set your priorities but having too many things on your to-do lists makes it ineffective. It's even harder when all of the things listed are important and had to get done. It is just so important to have listed clear priorities and avoid taking baby steps for each of those priorities for the company's success.

Research
- Most of the time, strategic planning sessions are facilitated by a consultant which commonly recommend and request 50-60 pages of research about the competition, markets and other measurements. However, companies barely have all of this data collected nor do they have the ability to utilize it effectively in planning. In that matter, they spent all of the work hours as without value.

Ability
- Your organization, company, or business may have the greatest strategic plan created but then failure to execute it makes another time wasted. Without actions that could make the execution of the strategic plan a success it is always equal to nothing.

Strategic planning is a good thing an organization, company, or business can take and execute for success. However, it's also important to know the pitfalls that could make it ineffective and the necessary things that could make it successful. In that matter, avoiding the pitfalls and maximizing the necessary things for it to work could insure success.

FutureAfrica provides management consultancy services you need to insure your business plan is align with the visions and aims of your organization, company or business. Other services include business process modeling, organizational development, coaching and mentoring.

Total Views: 406Word Count: 453See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Floral Perfume Market To Grow With A Cagr Of 6.8% From 2024 To 2031
Author: Lucintel LLC

2. Lucintel Forecasts The Global Flip Flop Market To Grow With A Cagr Of 3.9% From 2024 To 2031
Author: Lucintel LLC

3. Best Manual Toothbrush In Uae: A Complete Guide To Smarter Oral Care Choices
Author: Smile Cart

4. Boost Your Tour Travel And Adventure Company With Expert Web Design And Seo Digital Marketing Services In Spain
Author: Vikram kumar

5. Lucintel Forecasts The Global Eye Shadow Market To Grow With A Cagr Of 6.2% From 2024 To 2031
Author: Lucintel LLC

6. Lucintel Forecasts The Global Comic Book Market To Grow With A Cagr Of 6.6% From 2024 To 2031
Author: Lucintel LLC

7. How Optical Prototyping Services In Spain Support Product Development
Author: Fotonica Gileyva

8. How Complex Optical Design In Madrid Supports High-tech Industries
Author: Fotonica Gileyva

9. Lucintel Forecasts The Global Coffee Beauty Product Market To Grow With A Cagr Of 5.9% From 2024 To 2031
Author: Lucintel LLC

10. Plaster Sand (plastering Manufactured Sand) Vs River Sand
Author: DOCTORSAND

11. How To Select The Right Chemical Injection System Suppliers For Oil & Gas Operations
Author: Priyadharshini

12. Lucintel Forecasts The Global Cc Cream Market To Grow With A Cagr Of 7.1% From 2024 To 2031
Author: Lucintel LLC

13. Maximizing Brand Growth: Why Dubai Businesses Are Partnering With Specialized Social Media Agencies
Author: Al murooj solutions

14. Create Your Website Easily With Host Sonu: A Step-by-step Tutorial
Author: contentcaddy

15. Unlock Power: Host Sonu Vps 8 Vcpu 16 Gb Ram Plan Explained
Author: contentcaddy

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: