I think the reason most companies fail to create and execute strategic planning is because when everything is going well our attitudes tend to be that of “If it isn’t broke, why fix it?” or even “Don’t rock the boat.” But in today’s rapidly changing marketplace, entrepreneurs should have strategic plans solidified and ready for implementation so they don’t get caught by surprise if the business wanes.
Past success is not always indicative of future growth – and business owners need to be prepared to adapt when necessary. The following link touches on 10 pitfalls business owners should be aware of as they move forward in the planning process. We hope you enjoy the material:
