6 Essential Ingredients for Effective Strategic Planning
The Double Win
Michael Hyatt
4.8 • 1.5K Ratings
🗓️ 20 September 2022
⏱️ 29 minutes
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| 0:00.0 | I have a perspective. It's not usually the right perspective. It's only a perspective. |
| 0:06.9 | And I learned so much by going through this process. |
| 0:13.8 | Hi, I'm Michael Hyatt. And I'm Megan Hyatt Miller. And this is lead to win |
| 0:18.3 | our weekly podcast to help you win at work and succeed at life. And today we're going to talk |
| 0:22.8 | about the six essential ingredients for effective strategic planning. |
| 0:32.3 | This episode is brought to you by Belay. And they're offering to business accelerator listeners |
| 0:37.8 | a free resource called 25 things you can delegate to an assistant. To get that, simply text |
| 0:45.9 | BA to 55123. That's BA to the number 55123. |
| 1:02.3 | Megan, it's that time of year again when people are gearing up to think about or should be thinking |
| 1:08.0 | about strategic planning. We just have gone through the process. We're not quite finished yet, |
| 1:13.1 | but we've done most of the work. And we also had one of our coaches, John Puntnam, |
| 1:18.5 | who's amazing by the way, walk a cohort of our clients through the planning process over the |
| 1:23.3 | course of a few days inside of our strategic design workshop. Well, I love this time of year. |
| 1:31.0 | First of all, it's back to school. It kind of feels like a many new year. And it also feels like |
| 1:36.4 | that because as business owners, we're thinking about the next year. And I love thinking about |
| 1:42.8 | the future. So this is a really fun time of year, I think, for a lot of business owners, |
| 1:48.8 | it gives us the opportunity to dream again. But you know, one of the things that I'm always |
| 1:53.1 | surprised by as we're talking with new clients that are coming in to our coaching program, |
| 1:58.6 | business accelerator, or just talking kind of with our audience at large, is how few business |
| 2:04.3 | owners, particularly small business owners, have strategic plans. You know, that oftentimes people |
| 2:10.5 | don't even have a budget, much less a plan. And it really causes you to fly blind into the future. |
| 2:17.7 | And you always say, nobody ever drifted to a destination that they would have chosen, right? You |
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