Simply saying “I want to see you thinking more strategically” isn’t direct or specific enough to help guide people in the right direction. Thinking strategically is essentially a way of being – a mindset, a way of looking at things and linking them together.
Budgeting or strategic planning, which one comes first? The challenge of building an effective budget ahead of the strategic plan for the next year is that in most cases you are relying on the previous year’s operational numbers to carry over into the coming year....
A successful strategic plan design keeps two things in mind: focus driven by simplicity and clarity and engagement of the people who will be held accountable for the results. The more complex the plan, the less likely anyone in your organization will read it or, even...
In preparing for your annual strategic planning session your role as CEO is to take some time to contemplate where your organization is today, what challenges and opportunities it is facing, where you see the future of the organization, and roughly what the path forward...
[read time: 4 mins] If the last time you thought about your strategic plan you couldn’t immediately recall what was in it, couldn’t remember where the binder was, and then needed to dust the binder off once you found it...
If you have done a strategic planning session in your organization then you’re familiar with SWOT analysis: uncovering the inherent strengths, weakness, opportunities and threats that form the basis for a situational analysis of where your company is at today both internally and externally. In many...
A few days ago I had the unique experience of being able to run a portion of strategic planning for a client 200 ft in the area above the Peak of Grouse Mountain, suspended in a viewing platform on the Eye of the Wind, wind...
[read time: 3 mins] Motivation and inspiration are closely connected to doing meaningful work. For most people, doing meaningful work translates into achieving something either on a personal, local or global level that makes a difference. As business leaders, part of our job is to provide...
About six years ago we introduce the One-Page Focus Plan to the ViRTUS Community. The OPFP is designed to help CEOs, entrepreneurs, and executives plan out the next twelve of their business and personal lives on one page. O, The Oprah Magazine, has recently published an...