Strategic Planning is about Elimination


 
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Strategic Planning is about Elimination
Manosh R Sengupta, Management Consultant, India, Member
Strategy is about knowing what to sacrifice. It is through a process of elimination that we arrive at the right path. Often, we confuse tactics for strategy.
Strategy, very briefly, requires the following:
1. We should focus on how to deliver the stated goals / objectives
2. We should work at 2 levels - market & mind / heart
3. We should have cross-functional alignment. It is not uncommon for teams to develop plans in isolation... A surefire recipe for disaster
4. We should have time lines and measurability
5. We should - most importantly base it on fundamentals: how to create greater value in the stakeholders' life.
In all of the above, what's important is to know what to give up....Register
 

 
Strategy is About Having Clarity
Abhishek Vidyarthi, Manager, India, Member
Strategy does not necessarily means sacrifice, strategy is about having clarity.
For sure it can't be confused with tactics, which usually...
 

 
Strategy and Planning
Vijay Jassal, Entrepreneur, India, Member
The term "strategic planning" has two parts, "strategy" and "plannng".
Planning is a broader term which can be applied to anything that one woul...
 

 
Strategy, Clarity and Elimination
Manosh R Sengupta, Management Consultant, India, Member
@Abhishek - thanks for your feedback. I agree about clarity, which in my experience is achieved through the process of knowing what to give up....
 

 
Not Doing the Wrong Things is Not Enough
Abhishek Vidyarthi, Manager, India, Member
Thanks for your inputs, as per experince in this matter, I think asking the right question is the only way to get the answer. Not doing the wrong t...
 

 
Strategic Planning is About Elimination
Mellacheruvu Adi Saasthry , Director, India, SIG Leader
Manosh,
I have a slightly different perception, It is more of considering and answering every question pertaining to the business and taking nece...
 

 
 


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Mellacheruvu Adi Saasthry
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