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Tuesday, August 15, 2006

Strategic Planning - Time To Begin

When should you do your strategic planning?

While the answers vary, there's a trend toward doing the strategic planning about two - three months in advance of the annual budgeting process.

Most choose to do their advance strategic planning in the September through October timeframe, having a much clearer course to follow when you do your annual budgeting in November and December.

Many of the top-performing organizations we work with every day - have expressed a real need to not only develop a strategic plan” but also - how to implement it.” Take a quick minute – and consider the following key questions:

  • Is implementing a strategic plan your challenge?
  • Does your staff help develop a strategic plan and forget it the next day?
  • Do you have measures in place to know how you are doing compared to your strategic plan?
  • Do you believe an ill-defined strategic plan can be overcome by execution?
  • Do you know your strengths, weaknesses, opportunities and threats (SWOT) as they relate to your company?
  • Do you know what is important to improve your bottom line?
BOTTOMLINE: If you answered “NO” to any one of these questions, Six Disciplines Leadership Centers are holding timely half-day training sessions on "How To Conduct and Effective Strategic Planning Meeting."

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