In plain English
The strategy decides where to compete. The plan decides what happens on Tuesday. Both are needed, and they fail in different ways.
Plans usually fail on resourcing rather than on ideas. Twelve initiatives listed for a team that can deliver four means eight of them will be started badly and none finished well.
What to know
Why it matters
A plan is mainly a device for saying no. Its value is not the list of what you will do but the discipline of matching that list to what you can actually deliver.
Common mistakes
FAQs
How far ahead should a plan run?
Objectives for a year, activity for a quarter.
What makes a plan fail?
Over-commitment. Four things done properly beats twelve started.
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