065. PLANNING FOR THE YEAR AHEAD: WHY FLEXIBILITY IS THE BEST STRATEGY
PASSION to PROFIT - A podcast by Philippa Craddock - Thursdays
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I've recently made some fascinating discoveries about business planning - In this episode I share why traditional rigid frameworks often work against creative entrepreneurs, and how a more flexible approach can lead to both better results and greater wellbeing... Key Moments [01:50] The Problem with Rigid Planning: I've been noticing something quite interesting in my conversations with other business owners these past few weeks.... [03:27] The Benefits of Flexible Planning: What I found particularly interesting is how detailed roadmaps often lead to an unexpected outcome in the form of increased self doubt.... [04:14] Research Supporting Flexible Strategies: Just initially, as a first example, according to PwC, 74 percent of business leaders now recognize that flexibility in their strategies is key.... [11:02] Creating a Flexible Foundation: So let's look at how we might create this kind of flexible foundation in practice.... [15:35] Practical Steps for Flexible Planning: Let's move on to how this looks in practice because I appreciate that while this all sounds great in theory, you might well be wondering what it actually means for your business.... [18:04] Conclusion: As we wrap up, I want to focus again on why this matters so much.... Notable Quotes "When we align our planning with our natural way of working, the results can be quite remarkable." "Flexibility in business isn't about having no direction - it's about having a clear direction with the ability to adjust your course as needed." "What makes this approach particularly powerful for creative businesses is how it supports both growth and innovation - being strategically adaptable in a way that supports both business growth and creative excellence." Share Your Insights Do you have any questions or thoughts after listening to this episode? What's your experience with business planning? Perhaps you've noticed certain approaches that naturally work better for you? I'd love to hear your thoughts. Head to our WEBSITE or straight to THIS PAGE to ask your question. I’d love to hear your experiences or perhaps you have ideas for upcoming topics on the show... Never Miss an Episode Subscribe to our weekly newsletter for behind-the-scenes insights, and exclusive resources to support your creative business growth. Be the first to know when new episodes and tools are released... Resources Mentioned McKinsey Research on Flexible Planning PwC Business Leadership Study Deloitte Resilience Report Quarterly Planning Guide Waitlist