Strategic Planning Best Practice 2 – Prioritize the Mission
Ideally, an organization’s mission statement would convey a singular purpose. However, mission statements often enumerated several purposes, such as creating shareholder value, contributing to the community, and offering workforce prosperity. When this occurs, organizations struggle to serve multiple masters. Prioritizing the mission establishes the relative importance of an organization’s multiple purposes; focusing decisions and driving [...]
Read moreStrategic Planning – Introduction
A company’s true value is largely determined by its long-term performance potential as shaped by management’s decisions made today. These decisions guide the translation of the company’s mission, its purpose for existing, into the products and services it provides and hopefully the market wants. Strategic planning is an iterative, ongoing process consisting of: Analysis: assessment [...]
Read moreWelcome!
Welcome to StrategyDriven, the website dedicated to providing executives and managers with the planning and execution tools needed to create greater organizational alignment and accountability for achievement of superior results. We believe creation of a clear, forward-looking strategy, translatable to the day-to-day activities of all organization members, is critical to realizing success in today’s fast [...]
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