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The $100 MBA Show

MBA2124 Your Business Strategy: How Much Time Should You Dedicate?

30 Aug 2022

Description

In business, you need to go in with a plan.But how much planning is really useful?At some point, strategizing stops being preparation and starts becoming procrastination. If you spend all your time drawing the map, you can’t take enough steps to get anywhere.Today, we explore how too much strategizing can be more limiting than helpful. With examples from various businesses, we’ll discuss how the right amount of planning is empowering — but too much will only hold you back.How many decisions can you really make in advance? More importantly, how many decisions are made better by having a strategy, and how many are best considered in the moment?From product development to marketing to hiring and beyond, find the sweet spot between solid strategy and “analysis paralysis.” Click Play!SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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