What Makes a Successful Strategic Plan?

cute furry monsterFacing the monster issues.

By August Aquila
Creating the Effective Partnership

During the next several months, firms will be meeting to develop a strategic plan for the coming year or two. It’s a summer ritual for many firms.

MORE for PRO Members24 Points for AFTER the Deal Is Done | Innovate or Die | 3 Ways to Halt a Poor Leader | Partners Love, Hate Leadership | 8 Questions That Staff Ask In a Merger | The 4 Best Ways to Use Your Senior Partners | 11 Steps to Building a Better Partnership Team

However, the plans that are usually developed don’t address the real issues that firms are facing.

A client recently asked me, “What can we do to develop an effective strategic plan?” I’m not sure if he liked the answer or not. I am still waiting to hear if my proposal was accepted. Let me share with you what I said to him.