Strategic Planning must be Dynamic
No doubt strategic planning is dynamic.
Strategic planning should monitor internal and external contexts on a regular basis and continue to change. A robust mechanism must exist in the organization to link people, strategy and operations. There are tools available for this kind of planning. However, the process should be able to put right people in the right place, get their commitment to the strategy, cascade down the plan into their day to day operations.
Top management needs to put their hands on some of the critical processes and review the strategy on a regular basis, in addition to setting up high level targets. A consulting firm may help in the process, but it is the company employees who should own the whole process.
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nan zeng, China
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Review Frequency
There is no definite optimal time frame for strategic plan review.
However, it is very sure that a... Sign up
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Kroon, South Africa
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Adding Specific Goals and Targets In Strategic Plan Increases Review Frequency
If a strategic plan contains specific goals and targets which can be linked to your balance scorecar... Sign up
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abdelmouneam haj bakoor, Syria
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Dynamic Strategy Requires Participation
I think we have to make sure that every member takes the responsibility in the strategy when we are ... Sign up
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