As we near the end of an unbelievable year, it’s the perfect time to look ahead and plan your company’s growth strategy for 2021.
You may have thrown out this year’s strategic plan at the start of the pandemic and been executing crisis management and more recently recovery plans.
However, even in times of uncertainty, the annual planning session sets the strategic direction and priorities for the year and beyond.
A good annual planning session gives your team a clear growth strategy and a short list of priorities for the year. Keep it simple, agree who owns what, and review progress every quarter. For more on the people side of this, have a read of how to build management capability beneath the owner. There is also a general page on strategic management on Wikipedia.
