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A dozen reasons why strategic plans fail

by FAUCHER K
Published in May 2017 - Page 11

As the old proverb goes, “Man plans, God disposes.” It is sometimes beneficial to understand why strategic plans get off the rails toward failure, and there may be a variety of factors to be on the lookout for in order to circumvent the loss of time and money that initially went into the planning process. This article details some of the more common reasons why this occurs.

1. Common Practices Rather than Best Practices

The

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