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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 course was highly interactive. Everybody was engaged and involved. It also addressed many real world situations. "
" Very useful, great examples and scenarios. Best seminar I have attended! "
" I liked that the course size was small. This allowed for us to build relationships during the time we were together. "
" I like how the instructor related real stories and situations to the material being taught. "
" Very practical & timely course – Great instructor! "
" Susan gave very good, interesting information on topics that I thought were going to be difficult. She made the course fun and full of insight. "
" I was very focused all three days as the program suited our environment very much. "
" Lucie was a dynamic speaker and made the course materials relevant to my job. "
" The personalized involvement by the course leader made the learning relevant to the real world. "
" The course offered a clear and concise approach to the presentation and support material - very focused. "