Daryl Urbanski, a renowned business consultant, discusses the importance of strategic planning in business success. He emphasizes the significance of review points, business intelligence systems, and understanding feedback loops. This discussion is essential for business leaders, strategists, and managers seeking to enhance their business acumen and positively influence their organization's future.
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Here are the reasons why you should listen to the full interview
- Learn how to implement regular review points within your strategic plan.
- Discover the importance of business intelligence systems in monitoring strategic plans.
- Understand the concept and role of leading and lagging measurements in strategic planning.
Resources
- "Business Intelligence for Dummies" by Swain Scheps
- You may connect Daryl Urbanski on Twitter | YouTube
Interview Highlights
Strategic Planning: The Importance of Review Points
- Highlights the need for consistent reviews.
- Explains how review points help measure plan progress.
- “A strategic plan without review points is like sailing without a compass.”- Daryl Urbanski
Integrating Business Intelligence Systems in Strategic Planning
- Discusses the role of these systems in monitoring plans.
- Outlines potential systems that can be put in place.
- “Business intelligence systems are the heartbeat of strategic planning.” - Daryl Urbanski
Understanding Feedback Loops
- Elaborates on the concept of feedback loops in business.
- Differentiates between positive and negative feedback loops.
- “Feedback loops effectively serve as your organization's thermometer.” - Daryl Urbanski
The Role of Leading and Lagging Measurements in Strategic Planning
- Discusses how leading and lagging measurements inform strategy.
- Provides examples of effective leading and lagging measurements.
- “Leading and lagging measurements offer a comprehensive view of your performance map.” - Daryl Urbanski