Letters to Leaders Thirteen - Strategic Planning Prep
Hello, leaders.
We’re getting into the strategic planning season for next year. Over the next few letters, we will delve into Calm Capital’s strategic planning process—covering preparation, planning, and post-planning strategies to elevate your business.
You might think “strategic plans are a waste of time or busy work, or you’re in the “planning is just guessing” camp. Ultimately, we don’t have 100% control of the outcomes. So what’s the use? We get it.
We’ve found that going through the planning process itself is remarkably valuable. Doing the exercise will help you grow as a leader, bring your team together, and give the business the best shot at reaching its goals. At the end of the day, we’re accountable for how we steward the businesses.
Today we’re going to focus on preparing for the planning season.
With years of experience advising companies, we’ve noticed people often overlook the importance of preparing and end up disappointed.
Here is a useful outline for setting up your strategic planning for success.