Over the past few months we have been working with a number of companies helping them with their strategic planning process. From company to company the process to develop/update their strategic plan is quite similar, however the results differ.
Based on discussions with clients, the common problem that prevents forward progress is a lack of focus. Almost all of these companies had too many improvement projects on their plate and, to borrow a phrase from an old movie, “a point in every direction is the same as no point at all.”
Here is how to narrow down the number of improvement projects.