Growth
Profitability
Innovation

Turning Intentions into Results

5 Ways to Keep Your Plan from Gathering Dust

By Peter Christian • Published October 2010

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Planning Alone is Not Enough

With today’s economic environment, planning is not enough. It must be Strategic Planning. Then the Plan needs to be implemented and measured. Unfortunately, companies can encounter a slew of pitfalls along the way (check out the chart below), which hold them back and squash progress.

Strategy is more often about what you say “No” to than what you decide to pursue
- Simplified Strategic Planning, Bradford and Duncan

In fact, one of the most liberating parts of the Strategic Planning process is the realization that there is fluff in everyone’s company that needs to go. These are initiatives with no measurable benefits or ones that linger because it was “always” done that way. Strategic Planning empowers owners and their leadership team to say “No”.

Beware! The Pitfalls of Strategic Planning Implementation
Here’s a summary of some common reasons for failure...

Common Reasons for Failure

For many companies, Strategic Planning is a game-changer. The process is often described as an “eye-opening experience”. Why? Because they were so busy trying to do things right that they failed to notice they weren’t working on the right things to bring about growth in the first place.

Ready to take that first small step? Give me a call.

Regards,

Peter Christian
President, espi
610.867.4340 x 101
pchristian@ent-sys.com