Photo courtesy of Editor B(CC Attribution) What is strategic planning? It is the process of defining a business strategy. What is strategy? Michael Porter defines strategy as “The creation of a unique and valuable position, involving a different set of activities from competitors.” Strategy is useless if not well executed. All too often, strategic […]
You can have the best plan in the world on how to reach the mountaintop, but if you don’t start walking you will never get there. A good strategic plan is necessary but not sufficient for success. While most executive teams develop inspiring, motivating and well thought out strategic plans, most companies tragically fail […]
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