Is strategic planning completely useless? That was the question the CEO of a global manufacturer recently asked himself. Two years earlier, he launched an ambitious overhaul of the company’s planning process. The old approach, which required business-unit heads to make regular presentations to the firm’s executive committee, had broken down entirely. ...
“Just when you thought Sarbanes Oxley concerns had been sufficiently addressed so that non-public companies could take the issue off their dashboard, things have changed, ” says Gary W. Patterson, Enterprise Risk Management expert and speaker. He forewarns that Enterprise Risk Management (also referred to as ERM) will soon become a business issue for almost ...
Strategic Planning Steps Overview The Strategic Planning Steps philosophy/business system is an organizational tool that is used by groups and corporations globally to refine their goals and maximize their resources. Drawing from the concepts of strategic military planning, the Strategic Planning process is one way in which businesses strive to attain a competitive edge. Strategic planning ...
In the movie City Slickers, the character played by Jack Palance asks Billy Crystal’s character, “Do you know the secret to life?” Bewildered, Crystals’ character says, “No. What?” Palance replies, “One thing, just one thing; you stick to that, and nothing else don’t mean s**t.” “That’s great,” Crystal replies, “but what’s the one thing?” “That’s what you’ve ...
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