Posts Tagged ‘strategic planning’
How to Do a Strategic Pivot to Address COVID (Video and Podcast)
A strategic pivot will enable your company to survive and thrive during the COVID pandemic and in the post-COVID world. Start by challenging assumptions about your internal and external business model. Then, revise your strategy and determine next steps to operationalize these changes. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how to do a strategic pivot to address COVID and the post-COVID world.
Read More10 Steps for Strategic Planning to Defend Your Future
Effective strategic planning involves: 1) Identifying potential threats and opportunities; 2) Planning how to deal with them; 3) Reserving sufficient resources to address threats and opportunities; 4) Making your plans resilient and flexible.
Read MoreYour SWOT Analysis is Broken (Here’s How You Can Fix It)
Cognitive biases lead to typical business strategic analyses such as SWOT giving a false sense of comfort and security. The result? Appalling oversights that ruin profitable businesses and bring down high-flying careers.
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