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Talia Bonfe
Sunday October 1st
OM in the news reports
Strategic Planning
Title: Strategic Plans Are Less Important than Strategic Planning
Link: https://hbr.org/2016/06/strategic-plans-are-less-important-than-strategic-planning
The article starts off by explaining the difference between a travel plan, which is the type
of plan most minds think of when they hear the word plan, and a business development plan,
which is the type of plan that any manager would think of. Either plan begins with a specific
starting point, a specific ending point, and all the precise steps in-between. The problem with
these two different mindsets is they don’t make room for unpredictable environments. Helmuth
Karl Bernhard Graf von Moltke came up with strategic planning, where you plan for a serious of
options and outcomes, rather than a set and stone plan. In business planning, it is important to
plan for a fluid, unpredictable environment and understand the different between planning and a
plan. Lastly, the article offers different advice for strategic planning; 1. Think of the plan as a
