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Are Strategic Plans Worth it? (the debate continues)

LDRLB

A few weeks back, Tim Vanderpyl wrote a post about strategic planning. It generated some great debate on LeaderLab and Twitter about the usefulness of strategic planning and we invited Ryan Olsen to write a response to Tim. That response is below. SP is not easy and has challenges, but the hurdles are worth overcoming.

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Are Strategic Plans Worth it? (the debate continues)

LDRLB

A few weeks back, Tim Vanderpyl wrote a post about strategic planning. It generated some great debate on LDRLB and Twitter about the usefulness of strategic planning and we invited Ryan Olsen to write a response to Tim. Strategy strategic planning strategy' That response is below. ’”.

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3 Popular Goal-Setting Techniques Managers Should Avoid

Harvard Business Review

In 2002, professors Edwin A. Latham, two of the best known academic researchers on goal-setting, wrote an article in American Psychologist summarizing their 35 years of research. Among their findings: Setting specific, difficult goals consistently leads to higher performance than just urging people to do their best. SMART Goals.

Goal 13
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Can Technology Reinvent Education?

Harvard Business Review

For example, in Charlotte Mecklenburg, NC, Memphis, TN and statewide in West Virginia, we developed one of the earliest web-based tools for teachers to collaborate, develop and share standards-based lesson plans and generally improve their practice. But there's more.

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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

K-Mart closed 617 of its under-performing department stores and filed for Chapter 11 bankruptcy reorganization in 2002. During the years while K-Mart did not plan for change, Target and Wal-Mart did plan, change and established defined marketplace niches. Bad Work, Poor Planning. What Causes Crises. Intervention.

Crisis 58
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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

401(k) plans dropped $13 billion as a result of these events alone. Congress enacted the Sarbanes-Oxley Act, corporate reform legislation, in 2002. There was no definable style in place, backed by Vision, strategies, corporate sensitivities, goals and beliefs. Corporate scandals of each of the last 10 years cost the U.S.

Ethics 59
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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. These are my considered opinions, having conducted Performance Reviews, Strategic Planning and Visioning for other companies over 35+ years. Without Strategic Planning, there is no benchmarking of specific tactics.