Have you ever wondered why most strategic planning sessions include only the senior leaders?
In fact, these planning sessions rarely include anyone else.
Clearly, there must be a good reason, right?
Well, it turns out there isn’t a good reason.
It’s simply become a time-honored tradition. And that tradition is based on two factors:
1. Including only senior leaders is the status quo
It’s often a best practice across many companies. Companies, in general, assume that senior leaders are the best people to create the strategic plan.
2. Companies are structured a certain way
Most companies are structured so that they have front-line employees, the ones who do what the business does. Then, as those employees progress in their careers, they are promoted to management positions.
But this way of doing business has negative consequences for any business
- The plan sits on the shelf once it’s been created (because the plan wasn’t created by people who are involved in the product, service or the operation of the company).
- The plan has a narrow focus and lacks a rich source of information (because it lacks a variety of input from people throughout the organization).
As a result of this process, three myths developed that executives should start abandoning now.