Why use strategic planning
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Transcript of Why use strategic planning
MY VISION
Every organization has
a current strategic plan
and is implementing
it for greater success..
MY VISION
PLANNING MODEL
“Fast Track” processPLANNING PROCESS
planningCASE FOR
“STRATEGIC PLANNING HAS A POSITIVE
EFFECT ON PERFORMANCE, BOTH IN
QUANTITATIVE AND QUALITATIVE TERMS.”
Correlation coefficients with strategic planning:
Earnings per common share +0.79 Attainment of profit objectives +0.51
Return on invested capital +0.64 Community acceptance +0.48
Return on owner’s investment +0.58 Service efficiency +0.47
Change in return on invested capital +0.56 Attainment of corporate objectives +0.44
Return on net worth +0.42
Anders McIlquham-Schmidt, Aarhus University, 2010.
Based on a meta-analysis of 45 years of research involving
88 studies representing a total sample size of 32,472 observations.
for planning success
bestpractices
PRESENTER
Lee Crumbaugh, SMP
President, Forrest Consulting, Glen Ellyn, IL, USA (Chicago)
President, Association for Strategic Planning (2014-2016)
www.forrestconsult.com
