Ever feel like you’re crossing off every to-do list item but still not moving forward in business? Well, you’re not alone. That’s a common struggle, and it’s because planning and strategy—though they sound like best friends—are two different things. Recognizing the difference is a game-changer for business owners, especially those balancing life and work like us. Strategy is your missing piece for real growth and direction, and it’s what keeps your daily planning from just being a checklist treadmill!
Plan vs. Strategy
Let’s break it down. Planning is about knowing what steps to take next: what, when, and how to get things done. It’s structured, with actions that focus on short-term wins. For example, if you’re planning a product launch, you’d have a calendar for posting on social media, updating your website, and sending emails to your list. It’s like following a recipe—you know exactly what steps to take, one after the other.
Strategy, on the other hand, is the “big picture” vision guiding those plans. It’s the thought process behind where you’re headed and why each task matters in the long run. Strategy asks: What’s the ultimate goal? What does success look like? And just as importantly, it considers the unknowns, allowing you to pivot or change your plan without losing sight of your end goal. Imagine strategy as your GPS, while planning is the turn-by-turn directions.
How Strategy and Planning Work Together
Now here’s the magic: you need both planning and strategy, working together! Your big vision is to become a trusted brand for busy moms who want quick self-care solutions. A strategy gives you focus, showing that customer trust and brand visibility are essential to reach your vision. Planning gives you the roadmap for achieving that, like creating relatable content and collaborating with mom influencers.
One way to think about it? Planning is like the choreography of a dance—organized and laid out. Strategy, though, is the rhythm and intention that make it meaningful. When you sync them up, your business has both structure and direction.
Here’s a simple exercise to see how planning and strategy look in action:
Define Your Vision: What’s your big-picture goal? Maybe it’s being the go-to resource for moms seeking easy self-care. Write that down.
Identify Your Key Drivers: List three things crucial to making that happen, like building trust, increasing visibility, and creating quality products or content.
Map Out Action Steps: Under each driver, outline some simple actions. For trust, that might mean sharing customer reviews or expert tips. For visibility, it could be collaborating with influencers. Now, these steps become your plan.
Strategic Check-In: Now ask yourself, If something changes, how will I adapt? That’s strategy! In the business world, things rarely go exactly as planned. Being able to pivot helps you stay on track toward your end goal.
As you go through this, remember: strategy keeps you focused and flexible, while planning keeps you moving forward. Don’t get stuck in checklists alone; check in regularly with your bigger vision and let your strategy guide your next steps.
So as you map out next month’s goals, take a moment for the big picture. Let strategy give your plan direction and purpose, helping you grow your business in a meaningful and adaptable way. Planning is the first step, but the strategy is how we thrive.
Check out this month’s Lunchtime Power Hour replay for more detail about how to lead with strategy and not just with a calendar!
Join us next time in our bizMOM Networking Group’s Lunchtime Power Hour! These recurring monthly Lunchtime Power Hour Meetings take place on the 3rd Thursday of every month at 12pm AZ time. Catchup by watching some of our previous meetings…