Given the uncertainty and volatility as organizations reset business strategy, strategic planning can no longer last for months or wait for an annual update. The business context changes too fast and too radically, and scenario plans, enterprise strategy and strategic execution plans need to adapt accordingly. During the strategic planning process, enterprises, functions and business units identify the choices […]
#strategicplanning
Functional Strategic Planning: A Step-by-Step Guide
Roughly 40% of executive leaders say their enterprise accountability and leadership are not aligned on strategy execution, according to the 2020 Gartner Execution Gap Survey. Why does this misalignment occur? After all, the objective sounds simple enough: Define the organization’s strategy and make resource-allocation decisions to pursue it. Executives should take these steps to ensure […]