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Top 4 Strategy Blunders

Strategy, strategic thinking, strategic planning – all words bantered about in seminars, retreats, and sound bites with CEOs and business owners regarding their company’s need to turnaround or grow profits. The irony is most strategic efforts fail because executives get in the way of themselves.

Business: day-to-day distractions: reading a map while driving with dashboard lights blinking.
Urgency: everything in first 90 days/this year - impatience
Complexity: too complex: 3 meaningful goals v. 27 – someone else’s model
Shelving: binder on a shelf syndrome – lack of review & modification to keep it real and relative: champion (internal AND external)

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