A preoccupation with immediate issues can result in a small businesses losing sight of the importance of planning for long-term business goals and objectives. The first step in management refers to a ...

The traditional top-down model of strategy is obsolete – not because leaders became less capable, but because the environment became fundamentally less predictable. In an age defined by ambiguity, ...

To respond to the complexities that appear in business growth, you must scale your business. The first step to scaling your business is to start with a focus on your strategy with an emphasis on ...

Colleges and universities are navigating technological change, shifting demographics, evolving workforce demands and fluctuating economic conditions. As a university president, I’ve seen how ...

Nonprofit leaders, midlevel managers, and frontline staff sometimes view strategic planning as one more task heaped onto near-impossible workloads. After all, developing a strategic plan — by ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

That isn’t by coincidence. Product management backgrounds are increasingly essential at the top of the corporate ladder today, particularly when it comes to facilitating organizational strategic ...

Note: This article is the second in a series about how firms can successfully reassess and reimagine their business models. Read the first article here. Failure to plan is planning for failure. That ...

A business needs to have both a strategic plan and a budget. The strategic plan lays out the direction and goals of the business and guidelines for actions to achieve those goals, while the budget ...

Remember the good old precoronavirus days of strategic planning in higher education? The president or provost would assemble an ungainly slate of committees for mission, finance, student success, ...

Certainly, strategic plans are important to academic institutions. Colleges and universities invest a tremendous amount of time and effort (holding many meetings with various constituent groups on and ...