For the last two decades I’ve worked around the country with companies, organizations and communities, seeing all forms of strategic planning in many phases of its development and implementation. I’ve also seen strategic plans get more and more complex and take longer and longer to create.
The length and complexity of these plans stems from a desire to want more information to guide strategic decisions as well as to want to analyze information better and more thoroughly than your competition (a subjective assumption).
Yet as more information is available and analyzed, far too many of these strategic plans appear (and are) lifeless, impractical and wasted. But why?
Knowing & Doing Aren’t the Same
As a dad of three I’m often reminding my kids to do things, which means I can’t tell you how many times I’ve heard, “I know” to which I’ve quipped “Knowing and doing are two different things.”
Before I even finish there is a part of me that winces at having said such a ‘dad-like-thing’ but the truth is my response is less a reflection of being a dad and more a reflection of being a consultant in today’s world. Like my kids, most people fundamentally know what to do, but they are often distracted from taking action either by the immediacy of something else that’s grabbed their attention or they are waiting for more information.
Albert Einstein is attributed to having said, “Information is not knowledge.”
And this problem is only getting worse as the daily bombardment of information through every device and from every screen raises our expectation that a little more information won’t hurt and will actually make it easier to take action. It’s an assumption that the next piece of information may be so much better than what we have, we must wait.
Thus this access to so much information that is so frequently refreshing (updating, revising) is now treated as a source of knowledge, creating an illusion that with knowledge of the next piece of information we can somehow take more decisive and successful action.
Knowledge is More than Information
Unfortunately knowledge is more than mere abundance and availability of information. Knowledge involves experience (good and bad), ranking (how we measure and weigh information), instincts/intuition, imagination and other processes that are functions of taking action (a/k/a doing). Thus, the result of seeking more and more information because it is (or may be) available too often leads to the same problem of inaction that plagues my kids – distraction and postponement.
This is not to say that data and information can’t be valuable to a decision, but the expectation that more data and information will always lead to an even better decision has a limit.
3 Tips for Action
Here are three tips to encourage action:
- Do limit the analysis of data and information to that which is most relevant to your goals and objectives. Don’t rely on data that is too historic or unverifiable.
- Create a plan that guides your strategic decisions and actions for the next 3-5 years. Don’t create a plan for purposes of creating a plan.
- Assume that your plan will need to be adjusted as new information is available or markets change. Don’t fall into the trap of creating an entirely new plan every time something changes.