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Five fallacies in strategic planning.
(From The Jakarta Post)
from THE JAKARTA POST -- WEDNESDAY, AUGUST 2, 2006 -- PAGE 19 Is strategic planning (SP) still relevant nowadays? Consider this: Is it possible that internal change could catch up with external change? It is possible, but it is unlikely. Resistance exists in every line of business, and the solution takes lots of time. Why waste time and resources? Actually, these worries come from lack of substance in SP. Strategic planning is not just a guidance or a map, or even a lighthouse for the movement, but it is a strong commitment in bringing a company to a better position. By designing a long-run plan (usually three to five years, depending on the …
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