Unlock Your Full Potential, Game-Changing Strategic Wisdom from the World’s Top Thinkers
Some insightful quotes on strategic planning from renowned strategy experts worth pondering:
- “The essence of strategy is choosing what not to do.” — Michael Porter
- “Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice, and discipline.” — Jim Collins
- “Strategy without process is little more than a wish list.” — Robert Filek
- “A vision without a strategy remains an illusion.” — Lee Bolman
- “In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.” — Jack Welch, former CEO of GE
- “The only thing harder than getting a new idea into the military mind is to get an old one out.” — B.H. Liddell Hart (applied to strategic inertia in business)
- “Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.” — Jack Welch
- “You have to be fast on your feet and adaptive, or else a strategy is useless.” — Charles de Gaulle
- “Management by objective works – if you know the objectives. Ninety percent of the time you don’t.” — Peter Drucker
These insights emphasize the importance of clear objectives and disciplined decision-making in strategic planning and leadership. This is the foundation of your business.
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“Strategic planning is the most complex process in a company because it involves and integrates all the business disciplines, including marketing, sales, operations, finance, and product development/innovation, as well as strategy, management, culture, organizational development (OD), and much more.”
The strategic planning process must be right sized to your exact situation, while you use the best tools to frame your strategy. We currently have 68 different tools in our Strategic Planning Kit. Of course, any given company will use only a portion of those in any given planning process. This takes both high intellect and high creativity.
As a CEO for 14 years, I averaged over $71M per year in equity value creation (just while I was there) during this phase of my career. These companies generate $14 billion per year now that I know of today. Some have been absorbed by M&A into larger organizations; I am not counting here. That kind of value creation does not happen by coincidence or accident. Statistically, creating two $100M+ companies in a row is a 1 in 39 million chance (6,300 ^ 2).
Would you like that kind of result and guidance on your team? Call us at (619) SCALE06 to get strategic planning help now. In a free call, I will tell you how you can improve your business to achieve more growth in 2024. See more here.
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Bob Norton is a long-time Serial Entrepreneur, CEO and investor who founded six companies with four exits that returned over $1 billion to investors for a 25X ROI. Two others are still in development. He has trained, consulted and advised thousands of Entrepreneurs, CEOs and boards since 2002. Mr. Norton works with companies to 2X to 10X growth rates and valuation using AirTight Management™, the world’s most comprehensive Leadership Operating System. He also helps companies raise capital to fund growth. He is also the Founder of The CEO Boot Camp™ and Entrepreneurship University™ for early-stage companies that have not reached product-market fit and $1M ARR.
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