Executive Change Leader | Business Transformation | Strategy Development & Delivery Translation | Leadership Capability Development | eMBA
As the year starts to draw to a close, it’s a natural time for reflection and planning. Many of us, whether on boards or in leadership roles often use this period to take stock of what worked, what didn’t, and where we want to go next. It’s a chance to reset priorities, refresh our strategy, and get clear on what the next year could hold. But let’s be honest: it’s not always easy to figure out the best path forward in such a fast-changing world. As we think about reviewing our strategic plans, here are a few key thought starters to keep in mind: 1. Reconnect with your customers: It’s easy to assume we know what our customers want, but how often do we really check in? Take the time to understand what’s working (and what’s not) from their perspective. Are your products or services still meeting their needs? What is your value proposition, and is it still as strong as it could be? 2. Look at the bigger picture: The market around us is constantly shifting. Have you taken a step back to understand what’s changed, not just internally, but externally too? What new risks or opportunities might be on the horizon? Staying ahead means being curious and open to what’s happening beyond the walls of your organisation. 3. Examine how things work internally: Let’s face it: no operating model is perfect. Where are the pain points or bottlenecks in your organisation? What’s not flowing as well as it could? This is the time to get honest about what needs fixing so you can build a smoother, more effective operation. 4. Don’t forget your people: Strategy is only as good as the team behind it. Are your people engaged and aligned? What support and tools do they need to thrive? Investing in your team’s wellbeing and capability is crucial. 5. Think about the long-term: In our society, there’s often a tendency to focus on the short term, immediate goals, quick wins, and near-term outcomes. While these are important, it’s equally vital to look further ahead. Where do you want to be in five or ten years, what are the steps you need to take now to get there? Start mapping out that pathway but build in the flexibility to adapt as markets shift and conditions change. Strategic foresight and agility can go hand in hand. Strategic planning is as much about asking the right questions as it is about finding the answers. It’s an opportunity to pause, reflect, and ensure your organisation is ready to adapt, compete, and thrive in the year ahead.
Skilled Digital Product Leader I Change | Strategist I Artificial Intelligence (AI) I Cyber Security
4moBrilliant reflection on strategic planning Rebecca Reti! Embracing curiosity, customer insights, and long-term vision are crucial for organisational resilience and growth. 🙌