How does your company define strategy? For many, the answer is through planning, budgeting, vision or metrics, among others. And that’s why we suggest reading this blog post by Ken Favaro.

In the strategy+business article, “Free Your Strategy from Annual Planning,” the author reminds us that strategy and planning are distinct and separate activities. Yet most companies merge them. Yes, strategy is hard, but combining it with planning creates a mess out of what ought to be a positive driving force for the health of your business instead of capturing opportunities. In this article, you’ll find three key tips for unlocking the true power of strategy in your organization. Read it now.

How does your company approach strategy?

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