The plan should articulate the goals and objectives, along with the 3-5 core strategies needed to drive each imperative identified in the strategic direction-setting process.

Entering into the strategic planning process can seem daunting, but if it is done and managed well it can be surprisingly straightforward. In addition, it serves as the road map for all business ...

Start Early. First of all, I feel strongly about starting early. You have to give your leadership team time to complete the process — brainstorm, set goals and create an execution plan.

Developing strategies for how a business will use its money, materials and people to accomplish its goals is part of starting and running a business. Within the strategic planning process, a ...

When you do strategic planning, part of the process is making a conscious choice about who you want to be as a business. Toyota decided it would not try to compete against luxury brands like BMW ...

In addition, throughout the planning process, the workflow administrator should have almost nothing else on his or her plate but strategic planning. It’s not a project that should be tacked on ...

Using Goal-Based Planning . How you go about conducting strategic planning will depend on many variables including the size of your business, the time frame included, and your personal preferences.

A continuous strategic planning approach will not only drive business success but also eliminate business waste, for example, unstructured meetings, nebulous directives, misused time, etc., and ...

Succession planning is an important strategic process for any business to undertake, but it is especially important for ...