This is the sequel to an earlier blog post about how company culture can impact not only management’s attitudes about Strategic Planning, the effort that goes into creating the strategic plan, and ultimately, whether they’ll be successful.
Here are a few more examples of different company cultures and their effect on Strategic Planning:
In a company where Group Think is the norm decisions are made with an uncritical acceptance of the common point of view. Different opinions or concerns are not considered or downplayed. Challenging the status-quo and asking tough questions are frowned upon.
Group Think happens when people of similar experiences work together on developing a company’s strategy. They tend to agree quickly, avoiding conflict and downplaying dissent. The result is a weak, poorly thought-out strategic plan that will likely fail to be successful. [Read more...]