When was the last time you took a step back and considered how well your business or organisation is performing? Not from a simple numbers perspective, but in terms of achieving corporate objectives.
How do you know that your corporate objectives are even still appropriate for the current business environment and your available resources.
All too often management loses sight of its vision and mission and embark on initiatives that are inconsistent or contrary to the corporate objectives.....or the mission and vision aren't updated frequently enough to stay relevant.
Regular strategic reviews are essential to ensure that you stay focused on what is really important for long term success.