Comments on: Reach Your Goals with Strategic Planning

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By: Rodney Brim

Rodney Brim — Fri, 02 Aug 2013 23:20:51 +0000

Brian, I found your comment, “the purpose of strategic planning… is return on equity”… to make sense intellectually, but not be what I find in the businesses I go in and out of.

In fact, for many, strategic planning fulfills certain needs for comfort, for control, even for regulatory compliance, but people often say behind the door, that it’s a waste of time, e.g. the exact opposite of a good return on equity of time and money invested in creating a strategic plan.

Of course its partly due to the process, and partly due to the fact that to enable strategic behavior, you have to treat a strategic plan as tentative and regularly test, retest and validate again… which is more work than many find attractive.

Just a thought, but maybe strategic planning really nets out to a plan to maximize cash flow. I say it better in this blog: http://rodneybrim.com/category/strategicplanning

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