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Strategic Planning For Dummies [Paperback]

Erica Olsen (Author)
4.7 out of 5 stars  See all reviews (12 customer reviews)


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Book Description

0470037164 978-0470037164 October 30, 2006 1
If you’re starting a new business or planning your business’s future, there are plenty of things you should take into account. Strategic Planning For Dummies covers everything you need to know to develop a plan for building and maintaining a competitive advantage — no matter what business you’re in.

Written by Erica Olsen, founder and President of a business development firm that helps entrepreneurial-minded businesses plan for a successful future, this handy guide covers all the basics, including:

  • How a strategic plan is different than a business plan
  • Establishing a step-based planning process
  • Planning for and encouraging growth
  • Taking a long-view of your organization
  • Evaluating past performance
  • Defining and refining your mission, values, and vision
  • Sizing up your current situation
  • Examining your industry landscape
  • Setting your strategic priorities
  • Planning for unknown contingencies

If you’re in business, you have to plan for everything — especially if you intend your business to grow. Whether you’re planning for a small business, large conglomerate, nonprofit, or even a government agency, this book has the planning specifics you need for your organization. Step-by-step, you’ll learn how to lay the foundations for a plan, understand how your plan will affect your business, form planning teams, discover what your strengths are, see where you are, and, finally, plan where you’re going. And there’s much more:

  • Learn to analyze business trends that will determine your business’s future
  • Set measurable, realistic goals that you can plan for and achieve
  • Make strategic planning a habitual part of the organization
  • Prioritize multiple strategies that you can implement simultaneously
  • Set a defining vision for the organization that guides all your planning and strategy

This friendly, simple guide puts the power of strategic planning in the palm of your hand. For small businesses that can’t afford to hire strategic planning consultants, it’s even more imperative. Careful, constant planning is the only way to handle an uncertain business future. With this book, you’ll have all the step-by-step guidance you need to ensure you’re ready for anything that comes.



Editorial Reviews

From the Back Cover

Define your company's mission, vision, and values

Develop and execute your strategic plan for solid business growth

Need help setting a vision for your business or planning for an uncertain future? Don't worry! Strategic Planning For Dummies shows you how to build and sustain a competitive edge, analyze markets and trends, and plan for future growth. With this friendly guide to business planning, you won't fly blind into your company's future.

Discover how to

  • Establish a step-by-step planning process
  • Select a planning team
  • Prioritize future opportunities
  • Develop solid strategies
  • Execute your plan

About the Author

Erica Olsen holds a BA in Communications and an MBA in International Management from Thunderbird. She’s frequently tapped to lecture at the University of Nevada in Reno and the University of Phoenix in Reno on management and planning topics. She hosts workshops and has spoken at conferences nationwide.
As one of the developers of MyStrategicPlan, Erica has stripped strategic planning of its fate as a static document. With her online strategic planning system, any organization, regardless of size and budget, can build a plan in a matter of weeks (or even days). Once completed, the online system actually helps organizations execute the plan instead of just shoving it on a shelf.
MyStrategicPlan is just one of several services offered by Erica’s company, M3 Planning. M3 also does onsite strategic planning facilitation and retreats as well as market research consulting. Over the last several years, M3 has developed and reviewed hundreds of strategic plans for organizations across the country.
In addition to Strategic Planning For Dummies, Erica has co-authored Strategic Planning Made Easy: A Practical Guide to Growth and Profitability, and contributes regular columns to local, regional, and national business publications.

Product Details

  • Paperback: 384 pages
  • Publisher: For Dummies; 1 edition (October 30, 2006)
  • Language: English
  • ISBN-10: 0470037164
  • ISBN-13: 978-0470037164
  • Product Dimensions: 9.3 x 7.4 x 0.8 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (12 customer reviews)
  • Amazon Best Sellers Rank: #157,612 in Books (See Top 100 in Books)

More About the Author

Erica is a strategic consultant and a business planner with seven years of experience helping entrepreneurs articulate their visions and bringing them to fruition. She brings a strong expertise in start-up business and international development. She is a lecturer at University of Nevada Reno and University of Phoenix. She holds a BA in Communications and an MBA in international management. She is the author of the just-published "Strategic Planning For Dummies."

 

Customer Reviews

12 Reviews
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Average Customer Review
4.7 out of 5 stars (12 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

15 of 17 people found the following review helpful:
5.0 out of 5 stars Smart and actionable, December 8, 2006
This review is from: Strategic Planning For Dummies (Paperback)
I like practical, actionable advice and this book delivers. You could use it to quickly develop a plan (it gives you shortcuts) or you can use the tools and business examples to go deep into your internal and external analyses. Even though I have done strategic planning before, this book covered several new topics that I will refer to and use as I update our plans. Every time I need a quick refresher, I'll be able to reach for my book and find it. It even helps you with the planning process, like how to hold a strategic planning retreat. No excuses!
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5 of 5 people found the following review helpful:
5.0 out of 5 stars Good stuff. All of it., July 28, 2009
This review is from: Strategic Planning For Dummies (Paperback)
"Strategic Planning" is a bit of a limited name in my opinion. I'd have called it "Business School in a Book" or maybe, "All the Things You Probably didn't Think About when your Last Business Failed." That's pretty much how I feel as I read it. As I reflect on past mistakes with this as a lens, things seem so much clearer. Providing a birds eye view of the overall business process and all its relevant areas of concern, this already worn book will be sitting on my desk for a long time.
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3 of 6 people found the following review helpful:
5.0 out of 5 stars Plainspeak and easy to understand, but it gets results!, November 5, 2006
This review is from: Strategic Planning For Dummies (Paperback)
My organization had a tough time nailing down what our strategic plan should consist of and how to put it into practical use. We'd been floundering for months. This well-written, easy to understand and easy to implement publication saved the day. Our plan is no longer a binder sitting a bookshelf collecting dust and co-workers don't regard it as, "Whew, we don't have to look at THAT again for the next few years." We're excited about our new focus and Ms. Olsen is to thank for it.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
strategic plan manager, target customer group, exit planning, profit engine, external priorities, strategic planning meeting
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Wacky Widgets, United States, Girl Scouts, Giant Eagle, Looking Backward, Owner Strategic, Southwest Airlines, America Online, Herman Miller, Market Grid, Moving Your Organization, Wave By Rich Tennant
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