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Sunday, 20 July 2008
 
 

Strategic Planning - Not Just For Fortune 2000 Companies

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Strategic Planning - Not Just For Fortune 2000 Companies

Generally if you have more than about a dozen people in your company you need to have an annual strategic planning process. With a small management team of three or four people it is not very difficult, and will likely go quickly because you discuss these things daily. The trick is to look at the longer-term (at least a year) in the context of a 3-5 year vision for the company. As the company gets bigger the time invested will get bigger too, but either way it will pay big dividends and needs to be done.
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