The Five Myths of Strategic Planning: Part Two
Henry Mintzberg, in his seminal 1993 book The Rise and Fall of Strategic Planning, refers to strategic planning as an “oxymoron,” claiming “the process can straitjacket an organization by stifling innovation and commitment.” In my last blog, I shared the first three of five myths that undermine most leaders’ effectiveness at generating powerful strategies and creating the ownership and accountability of their teams toward their execution. Here are the remaining two: Myth #4: Size Matters The typical strategic planning process is an exclusive affair. Executives often believe that the fewer people who are involved in the process, the easier it will be. As such, they often limit participation to a small group of business unit heads and/or the strategy development group. But […]