Strategic Planning & Propensity of Risk Avoidance

What will your business look like in three to five years? If your business doubled in the next 3 to 5 years, what would it look like?

At Cathedral Consulting Group, LLC we believe that a systematic approach to strategic planning lays the foundation for good decision making throughout the year. In August we encourage the review of the company’s strategic position. Understanding the strategic position lays the foundation for the company strategy, which we look at this month. The company strategy lays the foundation for the issues covered in the October and November monthly topics of Year-End Maximization and next year’s Budget.

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Last year at this time we extensively covered the process on how to build a strategic plan. This paper will review some aspects of a strategic plan and then consider how risks affect our strategic thinking.