Does Your Business Do Strategic Planning?

Does Your Business Do Strategic Planning?This week’s post and linked full PDF are by Arthur F. Rothberg, Managing Director, CFO Edge, LLC.

While most executives would say they do strategic planning and have a strategic plan, many acknowledge they haven’t used a formal strategic planning process and their strategic plan is not documented.

There are a number of pitfalls when a company doesn’t engage in a formal strategic planning process and commit the strategic plan to document format.

For example, without a formal strategic planning process and written strategic plan, it is unlikely managers will be able to successfully focus on and achieve company goals.

This week’s full PDF…

Does Your Business Do Strategic Planning?

…looks at how a formal strategic planning process addresses three key steps, a planning session agenda and elements needed in the written strategic plan.

When a written strategic plan is in place and shared by company leaders, multiple benefits can include better decision making and improved performance.

Los Angeles and Southern California executives considering a formal strategic planning process and committing outcomes to a written document may be interested in talking with an outsourced CFO services provider.

A professional CFO has many years of experience engaging in formal strategic planning processes and can leverage her or his expertise to moderate an off-site strategic planning session, as well as support the process of writing the strategic plan.

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