Summarizing Your Selected Strategies
Now that you've worked through the different levels of strategy, it's time to summarize your decisions so you can start building your road map. Use the Strategy Summary Worksheet on the CD as a checklist to select strategies to embed in your plan.
Although good analysis, effective process, and market knowledge are key components to effective strategy development, they're not the only components. Developing strategic plans isn't easy, even though the process is spelled out and organized. As organizations put the strategic planning process in motion, it tends to take on a life of its own. Apply the concepts shared in this chapter that are applicable and jettison those that don't have relevance. The judgment of leaders and managers can ultimately make the difference between successful strategies and failed ones.
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