Manage Practical Strategic Planning
Strategic planning benefited greatly from the seminal work of Peter Drucker and others, particularly from the 1960s through the 1980s.
The six keys to effective strategic planning are:
- Involvement: Taking advantage of the brainpower of all constituent groups without taxing their resources or willingness to participate
- Education: Bringing all participants up to speed on all critical issues, from global trends to market and internal opportunities and threats before asking for their input.
- Simplicity: Automating the process to enable everyone to participate without creating higher workloads.
- Transparency and Security: Insuring the automated sharing of appropriate information among participants, but retaining confidentiality from the outside world as needed.
- Measurability: Letting the system support establishment of goals and tracking against them, with 24/7 access to all responsible individuals.
- Consistency: Establishing an annual or ongoing planning process, thereby avoiding the high overhead of one-time plans and unmet participant expectations.
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Copyright VanAmburg Group, Inc.
Updated November 4, 2008
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