The most common strategic planning tool in the world is SWOT Analysis. Contrary to popular opinion, SWOT is not an acronym for “Serious Waste of Time,” although in many cases it can be if not done correctly. SWOT stands for “Strengths, Weaknesses, Opportunities, Threats.” One of the biggest complaints with SWOT is that once it’s completed, we don’t do anything with it. In the following excerpt from my strategy graphic novel, StrategyMan vs. The Anti-Strategy Squad: Using Strategic Thinking to Defeat Bad Strategy and Save Your Plan, I share a technique for transforming SWOT into strategies.
If you’d like to see how to defeat the other strategy villains such as the Meeting Menace, Fire Driller, and Silo-Clops to name a few, check out the book or the gamified, animated video training series:
To contribute to my vision to teach the world to be strategic, you and your team can take the Strategic Quotient (SQ) Assessment for free until May 31 (at which time the price will move to $99) at https://strategyskills.qualtrics.com/jfe/form/SV_23sWNeXrOJUuEDQ using the password: Allocation
For more information on Strategic Planning visit: https://www.strategyskills.com/category/strategic-planning-2/