Wednesday, July 9, 2014

The Management Tip of the Day from Harvard Business Review

  HBR Management Tip of the Day - Harvard Business Review

July 09, 2014

Don’t Believe These Strategic Planning Myths


Strategic thinking often boils down to choosing what not to do. Yet three myths continue to plague it:
  • Myth 1: Productivity is the goal. Productivity is about getting things done. Strategic thinking is about getting the right things done well. And that means leaving some things undone.
  • Myth 2: Strategy is about what's "important." Every project is important to someone, and every organization has more important projects than it can complete. Strategic thinkers must decide where to focus their efforts.
  • Myth 3: It's only about thinking. Strategic thought has to yield actionable decisions. Leaders must step up and make the call about what the team will and will not do — and then stick to it.


Adapted from "3 Myths That Kill Strategic Planning" by Nick Tasler.

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