One Next Step: Management Tips & Tools for Small Business Owners

010: Michael Hyatt on Why Most Strategic and Annual Plans Fail (and What to Do About It)


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It’s business planning season, which hopefully means you and your team will soon be reviewing recent performance, outlining future initiatives, creating budgets, and listing new hires. While leaders want to build a plan that provides clarity and specificity, the plan should also be so energizing and compelling that our teams want to implement it. It must also contain clear accountabilities, so there’s no confusion about who does what.

Today, we’re going to learn a blindspot or two in the annual business planning process and receive tips on how to overcome them. In this episode, we’ll discuss why most strategic and annual plans fail (and what to do about it). Our guest is Michael Hyatt, the bestselling author and the CEO of Michael Hyatt & Company — a leadership development company. 

Welcome to episode ten of One Next Step.

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