A strategic planning process, when done right, enables an organization to set priorities, focus energy and resources, and navigate a rapidly changing environment. That said, putting together a strategic plan takes significant time, energy, and resources to do it right.
Rick Tifone, Principal Consultant with Cayenne Consulting, knows strategic planning. Since 2003, Rick has been providing consulting services focused on Strategic Planning, Exit Planning, Business Advisory, and Capital Acquisition Strategy. Rick has helped dozens of CEOs in software development, IT services, commercial and residential real estate, executive recruiting, medical equipment, construction, manufacturing, and government sourcing grow and exit their business. He has facilitated strategic planning sessions on three continents for companies ranging from startups to over $300,000,000 in sales.
At the CMLS2014 conference in Huntington Beach, CA, Rick shared best practices learned from his years facilitating strategic planning processes and applying best practices from the thought leaders in the industry. He shared what he has seen work and why. The talk goes beyond the planning process, giving equal focus to strategy development (strategic thinking) and most importantly, execution of the strategic plan. These two components bring out the real value of strategic planning.
Take a look and let us know what you think in the comments section below!