Deep Dive Into Strategic Planning | Set Targets and Hit Them

<p>Caleb deep dives into strategic planning for your business.  You wont learn this on youtube so bring a notebook and enjoy the show.</p><p>1 -  What is strategic planning?</p><ul><li>Creating a FRAMEWORK that details your corporate vision.</li><li>A common LANGUAGE with which to express that vision.</li><li>A well developed ROUTINE for keeping the vision current.</li></ul><p>2 - Why is strategic planning important?</p><ul><li>You cannot go where you want to go without having everyone on the SAME PAGE.</li></ul><p>3 - What are the key components of a strategic plan?</p><ul><li>See below ONE PAGE STRATEGIC PLAN</li></ul><p>4 - How does a business begin the strategic planning process?</p><ul><li>The key players in the business sit down and extract the vision out and write it down.</li></ul><p>5 - Share an example of a successful strategic planning process that you have used (Caleb / Dan) </p><ul><li>It starts with an initial planning session to outline the OPSP</li><li>Then quarterly planning sessions to set targets </li><li>And annual resets to realign and keep the vision current</li></ul><p>6 - How does technology play a role in strategic planning?</p><ul><li>A good app to keep all this information on can be very helpful IF YOU USE IT.</li></ul><p>7- What are some common pitfalls we should avoid in strategic planning?</p><ul><li>Mistaking Individual Task For Priorities</li><li>Choosing the Wrong Priorities</li><li>Choosing too many priorities and poorly executing them </li></ul><p>It starts with a One page Strategic plan, the OPSP gets “Everyone on the Same Page” </p><p>A One-Page Strategic Plan, as outlined in the book "Scaling Up" by Verne Harnish, is a concise document that serves as a powerful tool for businesses looking to clarify their objectives, align their teams, and accelerate growth. This one-page document captures the essence of a company's strategic plan and provides a clear, at-a-glance view of its key priorities. Here are the key components of a One-Page Strategic Plan:</p><p>1. Core Values: This