Strategic Planning | Profits vs. People vs. Purpose - Is it Selfish?
Francis Wade
Consultant who solves tough strategy and productivity problems for corporations | Author | Web-Speaker | Jump Leap Long-Term Strategy Podcast
Strategic Planning| Profits vs. People vs. Purpose - Is it Selfish?
Like most other business-people, you have almost given up on the challenge of combining short-term and long-term strategic planning.?
It’s not that you don’t believe in it at some level. You acknowledge there is value in thinking expansively and inspiring others with BHAGs (Big Hairy Audacious Goals).
At the same time, things are changing too fast nowadays. You can barely find time to focus on solving short-term problems, let alone anything pie-in-the-sky.
But what if the popular conventional wisdom, that long-term strategic planning is dead, is wrong?
What if there were huge gains to be made in the following areas from an interwoven short/long-term approach?
Area 1 – gaining competitive advantage by planning for horizons just a bit longer than others. (Amazon)
Area 2 – inspiring staff with commitments that create an irresistible future. (Unilever)
Area 3 – becoming a sustainable organization that takes care of its own, organic ESG concerns first. (CVS)
These areas could be the keys to unblocking multiple goals at once, while bypassing the worst tendency of companies to fall into short-termism.
领英推荐
In this webinar, you’ll be exposed to a practical method of doing interwoven short/long-term strategic planning. You’ll find out how to invest two or three days (rather than weeks) in a way that returns game-changing results. But maybe most importantly, you’ll be well-informed.
Time: Thursday March 30, 2023, 11:30am Ja / 12:30pm T&T(Eastern)
Join Me (Francis Wade) at this important event. I'm a two-decade veteran of 50+ interwoven short/long-term strategic planning retreats and this one-hour introduction will show you the method I have used.
NB - Space is limited so put this one in your calendar with an alarmed reminder so you can be among the first to arrive.
P.S. Why is this important? See this quote.
One survey found that 55% of CFOs would avoid undertaking an NPV-positive investment if it meant falling short of the quarter’s consensus earnings per share. And 78% of executives said they would take actions to improve quarterly earnings at the expense of long-term value creation. Source: FCLT Straight Talk
P.P.S. In case you're wondering...the answer to the question about executives being selfish is a resounding "Not Really." Come find out why.