• Why do most strategic plans fail?
• Why so many formerly strong organizations have failed
• The risks of a poor plan
• Why most organizations have a poor strategic plan and how to correct this
• The many risks that must be addressed: Financial risk, execution risk, commercial, business, and strategic risks as well as commonly overlooked risks
• How we effectively manage risk determines the success of our organizations
• How Behavioral Economics will help address the risk
• Understanding human nature and our decision-making process
• Traps to avoid and improvements we can make so our decisions improve
• Several tools and techniques to better prepare for and analyze risk
• Why Finance must lead the strategic planning effort
Major Topics
• Why do most strategic plans fail?
• Why so many formerly strong organizations have failed
• The risks of a poor plan
• Why most organizations have a poor strategic plan and how to correct this
• The many risks that must be addressed: Financial risk, execution risk, commercial, business, and strategic risks as well as commonly overlooked risks
• How we effectively manage risk determines the success of our organizations
• How Behavioral Economics will help address the risk
• Understanding human nature and our decision-making process
• Traps to avoid and improvements we can make so our decisions improve
• Several tools and techniques to better prepare for and analyze risk
• Why Finance must lead the strategic planning effort