Strategic plans are, by definition, for the long term, usually for three to five years in the future. The plan sets the destination, or goals, for the company and outlines how resources will be used ...

Strategic planning is important to an organization to define values, create a cohesive visions, chart a direction and set goals for future growth. The process begins with statement of company vision ...

Every business book stresses the need for companies to do strategic planning. Every motivational speaker emphasizes the need to set goals to be successful in business and life. Yet few contactors have ...

It has been said that if you are not planning to succeed, you’re planning to fail. A lack of planning will lead to the demise of an organization, especially the fire service. Strategic planning is one ...

Strategic planning is difficult and its track record is notoriously bad. According to estimates, only 10-30 percent of all strategic plans get implemented as intended. One key reason is that people ...

Note: This article is the second in a series about how firms can successfully reassess and reimagine their business models. Read the first article here. Failure to plan is planning for failure. That ...

Turn your strategic plan into a specific operational plan with these steps and examples. An annual plan is an operational plan that indicates specific goals and objectives for a particular program or ...

Why do so many strategic plans by government agencies and jurisdictions fail, ending up on the shelf as expensive paperweights? One reason is that, too often, they’re developed by a narrow ...

Opinion column written by Dr David Sam] When I describe Bermuda College as an “engine for social mobility”, people often ask ...