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The Best Laid Strategic Plans
Nick Pollice, Sarah Kaplan, and Eric Beinhocker
Read Nick's full bio here.
The goal of long - term planning is not to strategize but; to prepare key minds to make sound decisions.
Most companies invest a significant amount of time and effort in a formal annual strategic planning process but, many executives see little benefit from the investment. One manager told us, "our planning process is like a primitive tribal ritual; there is a lot of dancing, waving of feathers and beating of drums. No one is exactly sure why we do it but, there is an almost mystical hope that something good will come out of it." Another said, "it's like the old communist system. We pretend to make strategy and they pretend to follow it."
Management thinker Henry Mintzberg has gone so far as to label the phrase Strategic Planning an oxymoron. He notes that real strategy is made informally, in hallway conversations, in working groups and in quiet moments of reflection on long plane flights, even on the golf course but, rarely in the panelled conference rooms where formal planning meetings are held.
" The small size of the group allowed us to move through material quickly and still have good discussions. "
" I liked the very interactive and more application approach. "
" I felt confident before the course and now I feel even much better while knowing the recipe and the rationale of the win-win negotiation parties. "
" I learned how to better apply my leadership skills and to improve my managerial skills "
" I enjoyed all aspects of the course, I found it very informative and practical. "
" Thank you so much. I walked away with more than I expected. "
Atomic Energy of Canada Ltd.
" I enjoyed the pace, the knowledge and the background of the instructor and the fact that he shared his experiences. The size of the group was small. Also, the course helped identify where the gaps are in our succession planning program. "
" I appreciated the level of experience the speaker has. He shared relevant real life examples to support the material being taught. "
" Way more interesting/informative than I expected "