When your annual plan goes off the rails, how does your organization react?

Our reader poll today asks: When your annual plan goes off the rails, how does your organization react? We try desperately and in vain to make the plan happen. 13% We keep the plan but accept that we’ll fail. 6.3% We tweak the plan and do the best that we can. 66% We disregard the plan and write an entirely new one. 14.6% Are tweaks enough? When bad things happen to good strategic and annual plans, the vast majority of you say you “tweak it and do the best you can.” You might be missing great opportunities or assuming gigantic risks with that approach. Usually when a plan goes off the rails it’s because of a massive external dislocation. Those can be opportunities to reassess everything you’re doing and plot a new course. Your competitors are reeling from those challenges, too, and...



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Published on May 28, 2020 10:00
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