As a profession, there are many modes of thought in developing and executing strategic plans. Some planners include all ongoing or “keep the lights on” activities in the plan along with continuous improvement initiatives. But Brightline’s research tells us that up to 80% of strategic initiatives don’t meet expectations. This is one of the reasons for such dismal statistics.
James Stockmal is an independent management consultant who serves as President of the Association for Strategic Planning (ASP). Jim has more than 30 years of experience in helping organizations develop and execute strategic transformation through the integration of people-focused, process-oriented, and technology-enabled initiatives. Stockmal writes monthly articles on leadership, strategy development, execution, organizational transformation, and cyber security for The Strategic Edge, a publication of ASP.