by Darcy Bien
We all know 70% of companies with a strategy outperform their competition and are 12% more profitable. Unfortunately, we also know less than 15% of strategic plans are implemented!
Does this mean there’s a lot of wasted time and resources on strategy?
I say an emphatic “NO” and here’s why…
Strategic planning is a team building experience, just like a ropes course. With a good process, strategic planning should be a fun as a ropes course. Think about it…the nervous energy (reading customer and employee feedback), the thrill (visioning and defining strategic Stretch goals). Plus, the best part: building a High-Performance Leadership team and working through conflict (gaining alignment and commitment to the long-term strategic direction)! Doesn’t this sound fun!