Strategic Thinking & Strategic Action

Fostering strategic thinking and strategic action by organizational leaders since 2007.

What’s it called?
Lee Crumbaugh Lee Crumbaugh

What’s it called?

The nomenclature issue has vexed me throughout my planning career, most recently as I prepared to sit for the Strategic Management Professional certification examination.  The study materials and references covered the gamut of planning practices, systems and approaches.  It was obvious that no standard language exists in strategic planning.  (The CPAs and CFOs have it easy, with accounting organizations and governmental bodies promulgating accounting standards.  As long as you know what set of accounting standards you are following, you can look up the term and know what it means!)

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Lee Crumbaugh Lee Crumbaugh

Focus, people!

Over the past month I have been interviewing stakeholders for a client's strategic planning process.  The interviews have sought feedback on strategic options open to the client.  The options range from "keep on being whatever the client wants us to be" to "identify a few big opportunities and really commit to tackling them."   The feedback I am getting from these interviews is that most stakeholders believe the organization will grow much faster and have much greater impact and success if it opts to focus on a few big opportunities rather than continue to "be what the client wants us to be."   Is that a surprise?  Maybe not, but in thinking about most of my client work over the years I recognize that lack of focus has been a big issue.  In fact, I think lack of focus is a bigger barrier to greater success than often recognized. Surely it's a continuing challenge that most of us grapple with. 

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Lee Crumbaugh Lee Crumbaugh

Let’s ask the crowd

A key aspect of developing transformational strategies is understanding the landscape that needs to be traversed by the organization on the way to greater success.  Strategic planners develop an environmental scan to identify the external factors that are likely to have a large impact on the organization as it goes down the road. Factors to be considered in an external environmental scan might include but are hardly limited to economic indicators and forecasts, legislative and governmental trends, technological developments, energy and ecological factors, social trends and values, agricultural and food forecasts, labor concerns and trends, transportation forecasts, and much more. The question arises:  Where does one get this information on a timely and comprehensive basis?

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