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Understanding the Principles of Strategic Planning

thoughtLEADERS, LLC

Learn about the three principles of strategic planning and how they can focus your efforts. What is a strategic plan, and why is it important? A strategic plan defines what your organization stands for. It defines the market where you compete and how you compete in that market.

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How frequently do you update your strategic plan?

thoughtLEADERS, LLC

Our reader poll today asks: How frequently do you update your strategic plan? We refresh more than once per year—13% We update it annually—43% We update every couple of years—19% We rarely refresh it—12% What’s a strategic plan?—13% —13% Regular strategy review.

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Strategic Planning: How to Conduct a SWOT Analysis

thoughtLEADERS, LLC

When strategic planning, a SWOT helps you define your business strengths, weaknesses, opportunities, and threats. As far as opportunities and threats, they can either be internal or external market-facing opportunities and threats. Please click the article headline above or go to [link] for more. Strengths So perhaps.

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Strategic Planning Alternatives: Mission Discernment

LDRLB

I recently wrote two posts criticizing strategic planning. While Self wasn’t directly critiquing strategic planning (SP), that “tragic erosion of deep engagement&# is an articulate description of many strategy plans as well. Download article here. Do we lay-off part of our workforce?

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Strategic Planning Alternatives: Mission Discernment

LDRLB

I recently wrote two posts criticizing strategic planning. While Self wasn’t directly critiquing strategic planning (SP), that “tragic erosion of deep engagement” is an articulate description of many strategy plans as well. Download article here. Do we lay-off part of our workforce?

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8 Ways You Can Improve Your Strategy & Leadership Skills to Scale Your Business

Joseph Lalonde

They suppose business to solely involve strategies, planning, and implementation, while they sideline effective leadership. This article shows eight ways to improve your strategy and leadership skills to scale your business. Trend analysis: helps you to understand the market trends and use them to your favor. Read through.

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What goes into our strategic plan

CO2

When your strategy is so ingrained into the culture do you still need to list it as a strategy in your strategic plan ? Does Nordstrom’s have to say that they will be known for exceptional service in their strategic plan each year or is it so ingrained in the culture that it does not have to be said any longer.