Strategic Planning


Frustrated with long planning meetings that seem to do nothing more than eat up your time? This guide explores the value of solid strategic planning, and offers suggestions for how to implement them. Learn the difference between strategic planning and strategic thinking, and how to get your employees on the same page.

Essential Reading

Studies, Surveys, Guides and Visuals

Infographic: Strategic Thinking And Business Strategy

Strategy SkillsIn an attempt to piece together a fuller picture of strategic thinking, I’ve created the following infographic. It’s designed to highlight key research findings and examples related to strategic...

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Seven Strategy Questions: A Simple Approach for Better Execution

HBR Working KnowledgeBusiness leaders can't develop and execute effective strategy without first gathering the right information...

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Planning For Your Next CEO

ForbesIt's high time for boards to get succession planning right.

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Strategic Planning is Dead - Long Live Strategy Execution

Fast CompanyIt is still critical to establish and communicate the strategic direction for the firm. And it is even more critical to align all the elements of the living corporate body to perform in ways that...

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How to Improve Strategic Planning

McKinsey QuarterlyIt can be a frustrating exercise, but there are ways to increase its value.

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Going from Global Trends to Corporate Strategy

McKinsey QuarterlyWill your business catch them before they catch it?

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How To Do Strategic Supply-Chain Planning

MITSloanCombining scenario planning with supply-chain planning achieves the best of both worlds, which leads to long-term competitive advantage.

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The Real Value of Strategic Planning

MITSloanThe goal of a strategic planning process should not be to make strategy but to build prepared minds that are capable of making sound strategic decisions.

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The Fall and Rise of Strategic Planning

HBRThe most successful strategies are visions, not plans...

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Flaws in Strategic Decision Making: McKinsey Global Survey Results

Irrational thinking doesn’t just affect individual economic decisions; it affects corporate strategic planning as well. These results highlight the practices of companies that have made successful...

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Strategic Activism and Nonmarket Strategy

When firms become the target of activists...

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Capital One Financial Corp.: Setting and Shaping Strategy

A case study on Capital One looking back at the companies strategy...

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Popular Stories

How GE Applies Lean Startup Practices

HBRWe are all lean now — or soon will be. As the world becomes more digitized, generating more information surrounding products and services and speeding up processes, large and small companies in every industry, even manufacturing, are starting to compete more like the software industry, with short...

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The Great Unbundling Of Facebook Makes Sense

HBRUnbundling has a compelling strategic and competitive rationale for Facebook. It has implications that extend far beyond the company’s stated goal to design single-purpose apps that fit mobile usage and the bottleneck of screen mobile device real estate. “Facebook is not one thing,” Mark...

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5 Tips For Improvising Your Career

Fast CompanyMost of us would welcome a blueprint for success: a list of accomplishments to check off that would result in dream jobs and promotions. But doing all the “right things” doesn’t necessarily give you an edge when it comes to achieving prosperity and happiness.

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Why You Should Build Change Into The Fabric Of Your Business

Fast CompanyFew things are as exciting as seeing a business really embrace change. It’s about more than just setting up a change management team or sending your leadership group on brainstorming retreats. It’s about creating a culture of change throughout the organization, one that goes beyond an elite...

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5 Things Successful Public Speakers Never Say

Business Insider"As speakers and presenters in the business world, we use words every day to close deals, gain funding, earn trust, win approval, and further our cause," says Darlene Price, president of Well Said, Inc. and author of "Well Said! Presentations and Conversations That Get Results."

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5 Ways Women Entrepreneurs Can Wow Potential Investors

Fast CompanyWomen are making progress in the small-business world, but it could be better-and honing financing skills helps. Here are five tips on how they can increase their odds of getting funding:

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Does Your Company Undervalue Privacy?

HBRTechnology innovation and the power of data analytics present tremendous value, but also new challenges. While a digital economy requires businesses to rethink priorities and practices, this doesn’t have to be a burden. Instead, privacy protection should be a practice as fundamental to the...

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2014 Is Looking Bright For Small Businesses

Fox BusinessAfter years of scraping along during the recession and in the sluggish growth years that followed it, small businesses will enjoy improved sales and profits this year and the best pace of growth since 2007.

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Follow These 4 Simple Steps To Avoid A Hiring Crisis

Entrepreneur Entrepreneurs often make poor decisions about hiring and staffing because they are stuck in crisis mode: They need help immediately. Stephen R. Covey popularized this notion with the "Urgent/Important Matrix" in his 1994 book The 7 Habits of Highly Effective People. With this matrix, Covey...

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The 2 Questions Every Manager Should Be Asking

HBRWhen you read a business book or attend a presentation on a particular management practice, it is a good habit to explicitly ask, “What might it not be good for?” When might it not work; what could be its drawbacks? If the presenter’s answer is “there are none,” a healthy dose of...

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3 Strategies For Dealing With Toxic People

Entrepreneur Mark Goulston, a Los Angeles-based business psychiatrist and consultant and author of Just Listen: Discover the Secret to Getting Through to Absolutely Anyone, says it's simple to deal with the bullies, the blamers, the rage-aholics, the whiners and the complainers. Here's how.

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9 Essentials To A Successful Business Partnership

IncWhat's more important to a new venture than a great business idea? Finding the right business partners. I've heard this again and again from successful entrepreneurs, and I've lost count of how many investors tell me that they put their money behind people--as much or more than ideas.

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When Change Is Bad For Business

HBRBy now, the idea that organizations must adapt in order to maintain both relevance and market share in a rapidly changing world is so ingrained that it’s been reduced to pithy sayings. And there are many organizations — from Blockbuster to Kodak, print-only newspapers to pay-phone makers —...

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8 Ways Neuroscience Can Improve Your Presentations

IncOver the past few decades, enormous amounts of effort (and dollars) have gone into understanding how the mind works. This is good news for you, especially when it comes to public speaking, which requires getting into the minds (and hearts) of an audience. Neuroscience research offers loads of...

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3 Tips For An Effective Social Media Strategy

Fox BusinessPubsoft Director of Marketing Heather Wied says small businesses shouldn’t spread themselves thin trying to master every social network under the sun. Pubsoft, which helps businesses publish online content, integrates social networking to help customers spread the word about their businesses....

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