Liddell Consulting

Best Practice Series – August:

Planning is the Easy Part

Beyond setting the course.

Let’s assume you have taken the time and effort to create a deliberate and thoughtful business plan for your company. One that has outlined your mission, vision, values, and has definitive business goals and objectives. Good for you! That is certainly the first step. Unfortunately, 90% of companies fail at successfully executing their strategic plans, according to The Balanced Scorecard by David Norton and Robert Kaplan. Seem high? Other reports find that it’s more like 70%, and still others say 3 out of 5. Regardless of the exact figure, the likelihood of failure is high. So why bother?

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