2022 - Pitfalls of Strategic Planning
There are many approaches to good strategic planning. As you and your team review your strategic plan or embark on developing a strategy, it may be easier to know how to recognize ways it can fail. In the February FBA session with Dr. Epperson, we looked at family and leadership alignment, or lack thereof, as a core driver of strategic planning success or failure. In the April FBA session, senior advisors with DWH will present and facilitate a case study and interactive session on how to recognize ‘pitfalls’ in strategic planning in awareness, alignment, plan validation, and implementation.
After a brief overview of pitfalls in strategic planning, Ben Borisch and Marcel van der Elst will present a case study and facilitate work sessions where attendees can recognize, name, and develop approaches to avoiding and/or mitigating the effects of ‘pitfalls’ in strategic planning.
Event Takeaways include:
- Understanding and recognizing numerous ways in which strategic planning fails.
- Naming the pitfalls of strategic planning and being able to talk with your family and team about how to avoid them
- The power of stories, experience, and best practices to help teams avoid pitfalls
About Ben Borisch, Managing Partner of DWH
Ben Borisch, Managing Partner, has more than 20 years of experience in finance, operations, human resources, family office, and business start-ups. He earned his B.A. in Accounting from Davenport University and has spent most of his career working in or with family-owned businesses in a wide variety of industries. Ben helps business leaders identify and solve problems related to people, processes and finances so they can get the most value from their business.
About Marcel van der Elst, Senior Director at DWH
Marcel van der Elst, Senior Director, has 25 years of experience as business development executive and management consultant in manufacturing, service industries and consumer goods for companies ranging from family-owned entities to Fortune 500 companies in the US, Europe and South America, including 10 years at Deere & Company. His advisory services to clients include transitions, turnarounds, transformations, and growth. Marcel earned his M.S. in Industrial Engineering and Management from the University of Eindhoven (Netherlands) and completed Executive Education at Northwestern's Kellogg School of Management. Publications include “Business Resiliency Through Scenario Planning” in ACG’s Middle Market Growth magazine (June 2020). He authored the first and second edition of "Key Management Models" (Financial Times/Prentice Hall, 2003) an FT Top-10 best-seller translated into several languages.
Date and Time
Tuesday Apr 19, 2022
11:30 AM - 1:00 PM EDT
Boxed lunch provided
Location
Grand Rapids Chamber
250 Monroe Ave NW Suite 150
Grand Rapids, MI 49503
Fees/Admission
Member Only Price: $15
Printed courtesy of www.fbagr.org/ – Contact the Family Business Alliance for more information.
250 Monroe Ave, NW, Grand Rapids, MI 49503 – 616-771-0574 – fba@fbagr.org