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Six rules to build a killer strategy

Terry Frost

If you’re sick of strategy meetings whose outcomes are as thin on specifics as they are fat on waffle, here’s how to cut to the chase.

Strategy is a process, not an end goal – it’s not abstract concept, but something you do. Writing for Harvard Business Review, strategic planning consultant Graham Kenny describes six steps to turn your strategy into a practice that produces results.

1) Know your stakeholders. “That’s easy,” you might say. “My stakeholders are customers, employees, suppliers and shareholders.” But remember: “Stakeholders can occupy more than one role.” Take time to understand the full complexity of your business.

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Credits:
Source Article: Six Steps To Make Your Strategic Plan Really Strategic
Author(s): Graham Kenny