The importance of strategic planning

Sometimes it is far too easy for organizations to not put the long and hard work into creating strategic plans that everyone truly believes in. Without buy-in, belief, and passion for the problem and solution, strategic plans become nothing more than words on some internal dashboard – unsuccessful at driving real change. This chart by McKinsey & Company shows once again that an aligned and empowered team that focuses on strategies they believe in will always deliver better results. In this case, it is about automation, but it applies to every strategic pillar your organization may have. What level of commitment and belief does your leadership team have to their strategies? The answer will largely dictate the outcome. Do you spend enough time developing, honing, and discussing the strategic plan? It does and will make the difference. #vcio #virtualcio #technologystrategy #strategicleadership #agileleadership

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