Strategic Planning

Today I want to talk to you about the idea of “Strategic Planning”, and not in regards to strategy or planning in a chess game, but how businesses use this idea, and how you can apply it to your chess improvement.
   I am a big fan of Brian Tracy, who is a “self help guru”, who teaches courses on time management, selling, goal setting, and many other topics.  I would highly recommend his books and audio courses. 
   He recently send out a free “special report” to his newsletter readers, called “Discovering Your Talents”, which you can read here:
   In there was a section called “Strategic Planning”, which says:
   “When we do strategic planning for corporations, we begin with the premise that the whole purpose of the exercise is to reorganize and reallocate people and resources to increase the rate of return on equity, or capital invested in the business.
   Invariably, this is done by emphasizing some areas and de-emphasizing others, by allocating more resources to areas with higher potential return and by taking resources away from those areas that represent lower potential returns.
   By developing or promoting newer and better products and services and by discontinuing those products and services that are less profitable, the company and all the people in it can channel their resources to maximize their returns.”
   Notice that the focus is on “ROI” – Return on Investment.  They look at what is making the most money for the costs put into it and do more of it, and look at what is not making money, and get rid of it.
   They do not try to improve everything.
   I think that the idea of “ROI” can be very valuable to chess study, and chess improvement, and is the main reason that I focus on chess tactics so much.
   My belief is that a study of chess tactics will give you the best “ROI” – the most rating points and won games in the least amount of time and energy spent.
   Studying other areas of chess might take up a lot of time, but may not give you any increase in rating points, and may even cause you to lose rating points!
   You might want to do some “Strategic Planning” on your chess study approach, and focus more on what is giving you a high “ROI”, and eliminate the areas that are giving you a low “ROI”.

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