Strategic Planning is about Elimination

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Strategic Planning > Best Practices > Strategic Planning is about Elimination

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. (...) Read more? Sign up for free

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  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 is fire fighting, and usually brings normalcy back, but is never the strategic intent.
It's about exploring other avenues, and I agree increasing stakeholders value.

  Strategy and Planning
Vijay Jassal, Entrepreneur, India, Member
  (...)

  Strategy, Clarity and Elimination
Manosh R Sengupta, Management Consultant, India, Member
  (...)

  Not Doing the Wrong Things is Not Enough
Abhishek Vidyarthi, Manager, India, Member
  (...)

  Strategic Planning is About Elimination
Mellacheruvu Adi Saasthry , Director, India, Member
  (...)

   
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