I suppose there is an app for strategic planning. However, when it comes time for me to advise a client who is beginning to consider a business exit strategy or strategic combination, I often go “old school.”

Don’t overthink.

“When strategic planning is on the agenda, “ I advise, “it is not uncommon to overreach. You will be tempted to identify every possible scenario. You will consider multiple time horizons and then reconsider them. You will agonize over the implications of each decision, and then agonize over your agony.”

“By the time you are through with all these deliberations, though, you can potentially risk losing all appetite for action.” . . . [ Click Here To Continue ]