I read this somewhere before as an example of the evolution necessary in today’s globalized, connected business environment. The fact is that probably the most successful managers and strategists have been practicing this type of art for a long time.
What is interesting about the idea is that we still largely operate in a world where strategy and implementation are seen as two divergent ideas…when in fact, one without the other is likely to lead to failure.
The process necessary to develop a strategic plan, even a rudimentary one, isn’t complex…
* Create mission and objectives
* Do an assessment of the business environment
* Formulate a strategy
* Implement the tactics that support the strategy
* Evaluate your results and adjust accordingly