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Strategic Planning > Best Practices

Jonathan Narducci, Business Consultant, United States
First, vision drives strategy and customers and markets drives vision. Know the customer well. Also, "vision" is "functional" - about the entire company or any part of it like it or sales etc. Second, develop principles by which you want to design strategies - such as "customer focus", "empowerment", or "communicate to everyone." Third, strategy and execution are inseparable. Design them both together. Strategies won't work without an aligned execution fabric. Fourth, strategy - and its execution - is change! Hopefully, it's innovative change. And it's proactive not reactive. And each company subgroup can have a sub-strategy that helps make the overall strategy work - which means the overall strategy might be tweaked. Bottom line: vision and strategy are iterative. Fifth, strategy is subject to change - technology, people, money, etc. Create a "peripheral vision" capability up and down the company. Vision and overall strategy should be adjusted accordingly. More iteration! (...) Read more? Sign up for free

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  Scott Greenwood, Consultant, United States
 

Getting Alignment on the Strategy

I tend to agree with Jonathan Narducci. But to a (...)

  Jonathan Narducci, Business Consultant, United States
 

Assessment

I agree with you Scott. An assessment to determine (...)

  Dr Robin C Hesler
 

Markets > Vision > Strategy + Execution

Agree with you both and the points made for the mo (...)

  Jonathan Narducci, Business Consultant, United States
 

Creating a Vision

You are so right Dr. Hesler. Vision is driven by m (...)

  Mellacheruvu Adi Saasthry , Director, India
 

Business Strategy

All the comments are very good! Further on strate (...)

 
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Strategic Planning
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