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Strategic Planning is about Elimination

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Strategic Planning
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Manosh R Sengupta
Management Consultant, India

Strategic Planning is about Elimination

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.
 

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0
Abhishek Vidyarthi, India
 

Strategy is About Having Clarity

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.

 
0
Vijay Jassal
Entrepreneur, India
 

Strategy and Planning

The term "strategic planning" has two parts, "strategy" and "plannng". Planning is a broader term ... Sign up

 
2
Manosh R Sengupta
Management Consultant, India
 

Strategy, Clarity and Elimination

@Abhishek - thanks for your feedback. I agree about clarity, which in my experience is achieved thro... Sign up

 
2
Abhishek Vidyarthi, India
 

Not Doing the Wrong Things is Not Enough

Thanks for your inputs, as per experince in this matter, I think asking the right question is the on... Sign up

 
0
Mellacheruvu Adi Saasthry
Director, India
 

Strategic Planning is About Elimination

Manosh, I have a slightly different perception, It is more of considering and answering every quest... Sign up

 

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More on Strategic Planning:
Summary
Discussion Topics
topic Is Strategic Planning Passé?
topic Strategic Planning must be Dynamic
topic S T R A T E G Y Acronym
topic Strategic Thinking versus Operational Thinking?
topic Factors in Strategic Decision Making
topic Why do Most Strategic Plans Fail?
🔥 Wicked Problems and Strategy Approaches to Deal with Them
👀Strategic Planning is about Elimination
topic Strategy Means Directional Initiatives to Protect And/or Improve your Current Position
topic Congruence Model Summary
topic Objectives of Organisation
topic Why Strategic Planning is Essential
topic New Strategic Planning Models
topic Classical Strategic Planning Process
topic How Leaders See Strategy Reviews
topic The OGSM Framework
topic 3 Main Activities of Strategic Planning
topic Continuous Planning and Control
topic Markets > Vision > Strategy + Execution
topic Should Top Managers be Strategists?
topic Brand Strategy for a Start-up
topic From Traditional to Innovative Strategic Planning
topic Strategic Planning and Power
topic Strategic Planning in an Opportunity for Involvement
topic Strategic Planning Models in Airline Industry
topic Strategic Plans Must be Used and Executed!
topic How to Help a Team Carry Out Strategic Planning
topic Shorten the Time Window of Strategic Plans
topic Overseeing Strategy and Strategic Oversight
topic Goals - Part of the Plan?
Special Interest Group

SIG Leader

Do you know a lot about Strategic Planning? Become our SIG Leader

Knowledge Center

Strategic Planning
Knowledge Center



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