Many strategic plans fail at execution because they are formulated out of context. Many leaders go for a retreat for two to five days to formulate their strategic plan. They start with the following questions: What is our Vision: Where do we want to be? What is our mission: How do we get there? What values will guide our behavior and conduct? What are our strategic goals and objectives? What is the problem with the above? Most of the time, the ‘vision’ is out of context. It doesn’t resonate with today’s reality and dynamics. A company that was founded in…