Are you in the process of business planning or creating a strategic plan? In order to do strategic strategic planning make sure you do not get caught up on some of these stats below:
- 95% of a typical workforce doesn’t understand its organization’s strategy
- 90% of organizations fail to execute their strategies successfully
- 86% of executive teams spend less than one hour per month discussing strategy
- 60% of organizations don’t link strategy to budgeting
So what’s the upshot of these surprising revelations? Strategic planning matters to the life of your business. So get out there and start planning strategically!