Is Your Strategic Plan Too Ambitious? Or Not Ambitious Enough?

Λεπτομέρειες βιβλιογραφικής εγγραφής
Τίτλος: Is Your Strategic Plan Too Ambitious? Or Not Ambitious Enough?
Συγγραφείς: Knight, Rebecca1
Πηγή: Harvard Business Review Digital Articles. 9/10/2026, p1-7. 7p.
Θεματικοί όροι: *Strategic planning, *Leadership, *Organizational effectiveness, *Business planning, Ambition, Goal (Psychology)
Περίληψη: The article focuses on how to determine whether a strategic plan is appropriately ambitious to drive meaningful growth while remaining realistic to execute. It presents eight key questions addressing problem definition, solution diversity, funding, staffing, uncertainty, time horizon, progress measurement, and competitive context to help leaders calibrate their strategy’s boldness. Experts Sheena Iyengar of Columbia Business School and Donald Sull of MIT Sloan School of Management emphasize balancing stretch goals with organizational capacity, encouraging experimentation, longer time frames, and awareness of competitors’ moves. The article advises aligning ambition with opportunity by clearly defining problems, involving top talent, and maintaining flexibility to adjust plans as conditions evolve. [Extracted from the article]
Copyright 2026 Harvard Business Publishing. All Rights Reserved. Additional restrictions may apply including the use of this content as assigned course material. Please consult your institution's librarian about any restrictions that might apply under the license with your institution. For more information and teaching resources from Harvard Business Publishing including Harvard Business School Cases, eLearning products, and business simulations please visit hbsp.harvard.edu. (Copyright applies to all Abstracts.)
Βάση Δεδομένων: Business Source Index
Περιγραφή
Η περιγραφή δεν είναι διαθέσιμη