Strategy Planning Step 4: Prioritization of Opportunities

The value of prioritization is not in the classifying of initiatives as important. Nor is it simply about deprioritizing work that is trivially unimportant. The true pain of prioritization comes from deprioritizing initiatives that are important, but not important enough.

In this video, we explore the fourth step in successful Strategy Planning: prioritizing ideas for strategic opportunities. Each idea should be scored, for instance by Impact versus Feasibility, to give a sense of which ideas are the highest return-on-investment.

Be sure to watch the overview of all 6 steps here.

Presented by Kut Akdogan, Partner at Gaussian Holdings.

Click here for the next video in this series.

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