Planning is very abused these days. I want to challenge many companies, non-profits, governments, and citizens to stop planning for the sake of planning.
Create clear implementation strategies that are tied to performance goals, department goals, and management goals, in order that these plans actually get to be executed.
90% of plans fail because it is very good in paper and never implemented.
Executives forget to integrate the plans into their day-to-day forecasting, predicting, management, supervision, and strategic considerations.
So much money in billions is wasted on planning retreats that 1) does not yield any meaningful implementation; 2) puts the plan to backburner because there is no political will or resource to fund it; 3) becomes irrelevant as days, weeks, and months pass by.
A decent plan with a great execution detail and clear accountabilities can get you somewhere between 15-20% improvement from your current state.
It’s better than those grandiose plans that gathered dust in the shelves.
If this article resonates with you, please share this with your colleagues and networks. You can also subscribe to our monthly newsletter to be the first to know of resources available for you.