Transcend Traditional Planning Cycles to Become a Strategic Powerhouse

Transcend Traditional Planning Cycles to Become a Strategic Powerhouse

The pandemic has forced businesses to adapt to constant change, making traditional annual planning cycles inadequate. To become a strategic powerhouse, businesses must shift to continuous planning cycles that allow them to adapt to quarterly, monthly, and even daily changes. This requires a shift away from standalone tools like PowerPoint or Excel to purpose-built planning and execution spaces that facilitate collaboration and agility. Shorter planning cycles increase visibility and reduce waste, making businesses more agile and capable of withstanding change, uncertainty, and chaos.

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More Innovation Resources:

Innovation Is Not “Best Practice”

Innovation Is Not “Best Practice”

Innovation is losing its luster, as studies show that fewer CEOs feel innovation investments are valuable, and certain fields are not producing radical new innovations as expected. This is due to a reliance on best practices, but innovation requires breaking with history and embracing creative roots.

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What is Creative and Innovative Thinking and Why is it Important?

Innovation is essential for business success. Through creative and innovative thinking, a business can meet the evolving demands of clients, reduce costs, and increase profits.

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How to Establish Innovation Metrics

Establishing the right innovation metrics and indicators can be challenging. This article discusses research around innovation metrics and KPIs, and how they can be structured by process phase, measurement area, and expression in qualitative or quantitative terms.

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