Strategic planning is important to an organization to define values, create a cohesive visions, chart a direction and set goals for future growth. The process begins with statement of company vision ...

Forbes contributors publish independent expert analyses and insights. I enable organizations to simplify so they can focus on valuable work. You know the annual drill: you and your teams gather data, ...

Most business people are familiar with the terms "strategic planning" and "strategic management". But strategic management accounting - not so much. If you want your business to flourish, you will ...

In today’s fast-paced digital economy, strategic risk management is a fundamental aspect of any successful business, but despite this, the concept remains widely misunderstood. Strategic risks are ...

Many small and medium-sized enterprises (SMEs) become so engrossed in daily operations that they leave little time for ...

Note: This article is the second in a series about how firms can successfully reassess and reimagine their business models. Read the first article here. Failure to plan is planning for failure. That ...

Turn your strategic plan into a specific operational plan with these steps and examples. An annual plan is an operational plan that indicates specific goals and objectives for a particular program or ...

Why do so many strategic plans by government agencies and jurisdictions fail, ending up on the shelf as expensive paperweights? One reason is that, too often, they’re developed by a narrow ...

Remember the good old precoronavirus days of strategic planning in higher education? The president or provost would assemble an ungainly slate of committees for mission, finance, student success, ...

Today a great many American colleges and universities -- ranging from those that, at least for now, seem reasonably secure to those that are hanging on by just a slight financial thread -- are faced ...

I recently prepared to help a company develop its strategic plan, and I thought of the common pitfalls. A boss of mine once recommended that I chair the corporation’s strategic planning committee, ...

The University Library's 2025-30 Strategic Plan complements the University's vision to educate leaders of competence, conscience, and compassion and cultivate knowledge and faith to build a more ...