Holding an Annual Retreat
Huh? Is this section about holding strategic planning meetings off-site? Yes, it is. But one common thought process in strategic planning is that you have to hold a retreat. Setting aside a couple days in an off-site location where everyone gathers in sweatshirts and jeans and drinks cocoa is a typical vision of a strategic planning meeting. Oftentimes, a retreat is an annual event, and all strategic decision making is reserved for that occasion.
Strategic management should be a habit, not an event. Hold your strategy meetings regularly (more than once a year) to realize enhanced performance. With that said, annual retreats are okay, but make sure they're not your only meetings of the year. See Chapter 14 for more discussion on this topic.
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