7 Critical Mistakes When Conducting a Strategic Session

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Maksudasm
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7 Critical Mistakes When Conducting a Strategic Session

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…start implementing immediately! If you do not use the decisions made in practice, the entire strategic session becomes meaningless. Consolidate the results achieved, appreciate the positive changes that have occurred in the company after the session. Include the conclusions in the development program, consider the session as the start of implementing a new strategy.

What is considered a successful conclusion of a meeting? First of all, the implementation of the decisions made. To do this, follow the following sequence of individual results:

The management and overseas chinese in usa data responsible specialists are aware of the existing difficulties. You know the reason why the company cannot successfully develop and adapt to the current conditions. It is necessary to consider the task from the point of view of the capabilities of the team, business processes, external factors, material and financial security.

The most important goals for the period under consideration have been set. Adjust the strategy in accordance with the situation or determine a new direction. The resulting goals must be clear and adequate.

Top managers identify the company's prospects and hidden reserves. What factors contribute to achieving your goals? Take stock of assets, identify advantages, direct resources to the right goals.

A detailed procedure with responsibility distribution is defined. In fact, it is necessary to propose a strategy for achieving goals, where actions at each stage for successful completion of tasks are indicated for each participant.

A common information space has been formed, areas of collective work have been identified and problems have been formulated.

Experts understand the level of their responsibility, the importance of achieving a common result. Each employee understands what duties are assigned to him, what his contribution to the implementation of the strategy is.


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Checklist: How to Achieve Your Goals in Negotiations with Clients
7 Critical Mistakes When Conducting a Strategic Session
During a strategy session, avoid the following mistakes at all costs:

The owners do not participate in the meeting. If the session was held without their participation, they will not be able to understand the decision-making mechanism. Accordingly, proposals will be poorly implemented. The results of long-term collective work are difficult to understand for someone who was not present.

No analysis is performed. Often, organizers skip this step, believing that they already have all the necessary information. As a result, difficulties arise during the session when the data required for decision-making is missing. And then it is necessary to take a break for several days or even weeks to perform the analysis.

The results of the strategic session are not formulated. After its completion, there should not be only impressions and satisfaction with the discussions. Of course, the participants need to be satisfied with the leader and the organization, but this is not the main thing. What is more important is how the achieved results are preserved, what documentation will be required, and how it will be applied later.

There is no system for monitoring the implementation of the developed strategy. A typical situation: a couple of days were spent on discussions, and after 2 weeks no one cares anymore. It must be acknowledged that attitudes towards the sessions vary. While some managers consider the obtained conclusions as a guideline for further actions, for others everything remains a simple formality.

No one is identified as being responsible for achieving specific goals. No task can be accomplished unless someone is responsible for it.

The decisions made are not justified from an economic point of view. The implementation of any plan is associated with the expenditure of various resources. Does the company have the means to implement the decisions? Will the company be able to achieve the expected result? If the specified problem cannot be resolved during the session, time should be allocated to prepare a feasibility study.

Risk assessment is not performed. Remember that there will always be external and internal factors that prevent the achievement of goals. It happens that companies start making extremely tempting plans, but they fail to implement them, since the possibilities have not been assessed. The company has financial resources, but it is impossible to assemble a team in the shortest possible time. Then you need to at least adjust the time frame.

A strategic session is a serious event that determines the entire subsequent picture of the company's activities. The level of its organization and, above all, the implementation of the decisions taken, directly affect the further development of the business.
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