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Corporate PoliticsCaution: developing a strategy implies the potential for the re-allocation of money and people. Change, even if it's good for the corporation, will be resisted by some, guaranteed. Most executives have visions that they will rise within the corporate hierarchy. Their projection of the future is based on the known environment and the direction of the firm. A planning process implies a potential change in strategy which, therefore, introduces uncertainty into the lives of real people. Knee-jerk survival reactions are common. To get past corporate paralysis it's (obviously) best if the person at the top makes planning a priority. Lack of immediate support from the top is not fatal. In fact, in many cases the best way to gain support for a corporate planning process is for one (or more) of the businesses to develop a high-quality strategic plan in the normal course of professionally running the business. By default, the first really good SBU plan often becomes the standard. Waiting for the president to tell people to plan is often a poor choice. Days, weeks, and months go by quickly. In some cases, it's helpful to use a consultant (facilitator) who is able to instill high standards and keep the planning process on track. However, beware of consultants who work in teams with more people than can fit in one elevator. |
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