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.