Strategic planning: Have you considered these factors in your growth plan?

BDCHESS

The idea of planning can serve a great deal and can lead to a tremendous change in your personal life or business. PHOTO | SHUTTERSTOCK

When you see the word ‘strategy’, chances are it means an operational plan. You can call a Toyota Corolla an exotic Bentley, but it is still a good old reliable Toyota. 

Why do companies have such a problem with being truly strategic? For most, the so-called strategic planning resembles rain dancing.

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Note: The results are not exact but very close to the actual.