How is your annual strategic plan faring now that we are almost 90 days into the year? In What Makes an Effective Executive, Peter Drucker makes this statement regarding the strategic plan:
“It must not become a straightjacket. It should be revised often, because every success creates new opportunities. So does every failure. The same is true for changes in the business environment, in the market, and especially in people within the enterprise – all these changes demand that the plan be revised.”
It’s hard to say it any better. What fine-tuning adjustments do you and your team need to make?
“A written plan should anticipate the need for flexibility.” Peter F. Drucker
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Tags: In 100 Words, management, strategy execution, Troy Schrock
