– Very — We do a great job of annual strategic planning: 25%
– Kind of — We usually update last year’s strategic plan: 42%
– Not very — We only do it if there’s been a major market change: 15%
– What’s strategic planning?:18%
You Can’t Get There from Here. How can you arrive at a destination if you don’t know where that destination is? A strategic plan is your roadmap that lays out the destination and the path to get there. It drives your priorities, what you do, and what you don’t do. The biggest reason strategic plans aren’t used is because people make them too complicated. Find a simplified strategic planning process and be rigorous about conducting that exercise every year. It’s well worth the time and energy and it’s never too late to pick up the good habit of doing so.
Do you agree with these poll results? Let us know in the comments below!
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