7 barriers to effective strategic plans

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7 Barriers to Effective Strategic Plans Debbie Narver, BSc MBA MScIB Strategic Management Instructor at NMC Strategic Manager

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Page 1: 7 barriers to effective strategic plans

7 Barriers to Effective Strategic Plans

Debbie Narver, BSc MBA MScIBStrategic Management Instructor at NMC Strategic Manager

Page 2: 7 barriers to effective strategic plans

Why Do Strategic Plans Fail?

When done effectively, a strategic plan provides focus and direction for your organization to reach goals and achieve your vision.

But… many have had less than satisfactory experiences with Strategic Planning.

Page 3: 7 barriers to effective strategic plans

By recognizing the following 7 pitfalls, we can begin to learn more effective approaches to strategic planning.

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1. No clear purpose

Without a clear understanding of our desired outcomes for strategic planning, there is no focus.

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2. Not Linked to vision & goals

It doesn’t matter how brilliant your strategic plan is if it doesn’t align with the vision, goals and values of your organization.

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3. Lack of Research

The process, and ultimately the strategic plan, ends up being based on opinions rather than real and objective information.

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4. Lack of Structure

Without some up front planning and a systematic approach for developing your strategy, things can quickly get off track.

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5. No linkage to Implementation

Who is going to do what? If we don’t know, it’s likely that the strategic plan will sit on the shelf.

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6. Not Aligned with Reality

Once again, it doesn’t matter how brilliant your strategy is if you lack the resources, knowledge and skills to implement.

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7. No Measures or Evaluation

How will you stay on track? How will you know if you are successful?

Chances are, if you don’t review regularly, you won’t achieve results.

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What’s the solution?

Our course Effective Strategic Plans addresses each of these pitfalls and outlines techniques for success.

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Learn more about Strategic Management Training and Consulting

www.nmcstrategicmanager.com