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	<title>Strategy and Planning Archives - EQUENTI Leadership and Learning</title>
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		<title>Top 6 Reasons Strategy and Planning Processes Fail</title>
		<link>https://www.equenti.com/top-6-reasons-strategy-and-planning-processes-fail/</link>
		
		<dc:creator><![CDATA[Angela]]></dc:creator>
		<pubDate>Thu, 10 Nov 2022 02:52:13 +0000</pubDate>
				<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Strategy and Planning]]></category>
		<category><![CDATA[corporate management]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[strategy]]></category>
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					<description><![CDATA[<p>The post <a href="https://www.equenti.com/top-6-reasons-strategy-and-planning-processes-fail/">Top 6 Reasons Strategy and Planning Processes Fail</a> appeared first on <a href="https://www.equenti.com">EQUENTI Leadership and Learning</a>.</p>
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		<p>THE TOP 6 REASONS STRATEGY AND PLANNING PROCESSES FAIL, and how to mitigate risk.</p>
<p>In my observation, facilitating multiple strategy and planning processes with a range of industry clients each year, there are a few places strategic planning processes can (and do) fall over.</p>
<p>Beyond confusing strategy (long-term intent, backed by quantifiable market data) with planning (short-term work execution), here are the top 6 reasons why strategic planning fails.</p>
<p><strong>1. A lack of engagement by diverse, multi-organisation/industry/government/community stakeholders</strong>, where the leader produces a strategy in isolation (or with limited input) and then attempts to &#8216;sell it&#8217; to others.</p>
<p>This leads to a lack of robustness, consideration of complexity, buy-in and ultimately, execution failure.</p>
<p>This can be mitigated in the design thinking, and co-generative process of the Strategic Conversation methodology.</p>
<p>(Ask me about this.)</p>
<p><strong>2. The inability to invite, incorporate, assimilate and reconcile diverse points of view</strong> from a range of stakeholders and embrace problem ‘wickedness’ and complexity.</p>
<p>Facilitation skills and experience manage this risk, as does the preparatory work we do together prior to incorporate ‘voices’ of intent, design and change.</p>
<p><strong>3. Lack of data-driven market analytics, modelling and quantifiable inputs</strong> to the planning process, which describe the size, merit and risks of market opportunities.</p>
<p>Robust pre-work is essential to strategy and planning &#8211; without quantitative data, you’re tilting at windmills.</p>
<p>Hopeful, at best.<br />
Naive, at worst.<br />
Ineffective, at least.</p>
<p><strong>4. Development, communication and maturing the evolution of the strategy blueprint,</strong> which I’ve seen take months to write up because everyone is so exhausted from the intensity of the strategy and planning process itself.</p>
<p>My standard offer is to do the write-up for you within 10 business days, ensuring momentum, relevance and tangible materials which help you communicate and execute the forward strategy.</p>
<p><strong>5. Execution fails as the leader &#8216;runs out of steam&#8217;,</strong> never actually converting the strategic (longer term) intent into a tangible, practical, operational plan.</p>
<p>I require the inclusion of an operational planning process as part of my strategy and planning offer.</p>
<p>Clients who don’t take this part of the offer don’t tend to work with me &#8211; you either engage fully with a solution that transformatively serves the organisation, or not &#8211; there are no half-executed approaches.</p>
<p><strong>6. Too many priorities, projects, and unrealistic milestones</strong> which don’t account for the capability or capacity of the organisation to deliver alongside the core business.</p>
<p>An experienced facilitator will be able to spot this instantly and ask the tough questions to reconcile priorities within available resources.</p>
<p>What, in your experience, are other sources of failure in strategy and planning?</p>
<p><span class="ac-designer-copy">If you’d like help to avoid these pitfalls and give your strategy and planning process the best chance of success</span>, <a href="https://www.equenti.com/contact/">reach out for a conversation</a>.</p>
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<p>The post <a href="https://www.equenti.com/top-6-reasons-strategy-and-planning-processes-fail/">Top 6 Reasons Strategy and Planning Processes Fail</a> appeared first on <a href="https://www.equenti.com">EQUENTI Leadership and Learning</a>.</p>
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