When formulating business strategies, the small-business owner should obtain input from all the members of his management team. They each can contribute knowledge and wisdom that will make the ...

Strategies are shaped by the processes that produce them. If designed well, a strategy formulation process enables decisionmakers to evaluate the political, security, and budgetary environments, ...

Opinions expressed by Entrepreneur contributors are their own. Q: How important is it to have a business strategy before starting the business? A: Don’t expect a strategy to guarantee success. Many ...

Ask most organizational leaders about their areas of focus and you will hear that strategy is among their highest priorities. Unfortunately, too often leaders pour their energy and resources into ...

Leading people is exciting and inspiring. Formulating strategy? Not so much. Cynthia Montgomery, a professor of business administration at Harvard Business School, urges CEOs to stop treating the ...

Forbes contributors publish independent expert analyses and insights. I'm a global philanthropy advisor and author of Delusional Altruism. The problem with planning, as I’ve learned from my business ...

As CEO of CompassPoint Nonprofit Services, which provides management advice to charities, I spend a large portion of every day thinking, in one form or another, about strategy. Over the past three ...

It may be possible to succeed in some businesses without trying, but that’s certainly not going to work for agriculture. To make a profit producing food, fiber and fuel, you must put in a lot of hard ...