As you prepare for your next #StrategicPlanning session, Conventional wisdom says to search, “How do you create a 5-year strategic plan”.

Before you do that, consider these questions:

- Why do we think we need a 5-year strategic plan.
- Is a 5-year strategic plan really what our business needs?
- Does it help us achieve our organizational goals, or are we just following the crowd?

When deciding on what strategic plan timeframe to use, We believe that for most businesses, Three-year strategy plans are greater than five.

In this Video, Anthony Taylor breaks down the differences between a 3-year vs 5-year strategic plan, and why he thinks most SMEs shouldn’t make a 5-year strategic plan.

#strategicplanning #businessstrategy #strategicleadership

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SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster.

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