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How to Make Planning Better

Lots of great planning advice in this First Round article. There are two things related to Strategy that I especially like. First, this definition (Strategy is not a vague vision statement!):

Strategy is the sequencing of how you take a very long-term end goal and break that down into more digestible components. Done right, it gets you a really clear picture of what’s in your long-, mid-, and short-term plans, where you stack up in the market, and how you’ll win.”

And then, the importance of org design in executing that strategy well:

Org design is how you deliver on your plan. Instead of meticulously planning all of the ‘what,’ the right org design will give you the ability to hand a talented group of people a new goal, and have them continuously come up with the best way to achieve it.

The post also covers another topic I’ve been thinking about a lot, which is the cadence for planning, and how to make the quarterly (or however often you do it) planning cycle less painful/stressful. We’re in our annual planning cycle right now—once we’re done I will write a post that touches on these topics, and more.