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Strategy, Strategic Thinking Article, strategic planning
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Improving strategic planning: A McKinsey Survey

  • Most companies have a formal strategic-planning process but don't use it to make their most important decisions, according to a recent survey.
  • Fewer than half of respondents are satisfied with their company's approach to making strategic decisions; top-level executives are happier than others.
  • Greater satisfaction could come from improving companies' ability to align their people with their strategic plan and from monitoring progress against the plan.
This article's exhibits display respondents' views about their organization's approach to strategic planning.

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