The Philantrepreneur Journal | Page 3

Letter From The Editor Dr. Victoria Boyd, President/Founder The Philantrepreneur™ The Philantrepreneur Foundation It seems as if the first edition of the Philantrepreneur Journal was released just yesterday but it’s been 2 years! Where did 2015 go? You might be thinking the same thing and I have a question. Did you accomplish your goals and reach key benchmarks? As the year ended did you reflect both personally and professionally and close out the 4th Quarter ready to head into a new cycle of assessment? I am a strong believer in the TQM method – Total Quality Management which has an emphasis on continuous improvement. However lately I’ve been running across organizations and individuals that consider maintaining status quo as success. I’ve also heard an emphasis on doing the ‘Strategic Plan’. It got me thinking, do we realize the impact a comprehensive planning process can have? If used, it goes way beyond a Strategic Plan. Let me explain. Strategic Planning is actually the second step and traditionally omits the step of innovative thinking that is so critical to business success. A more comprehensive process has three components and covers innovation, strategic planning and operational planning. Here’s a quick overview. • • Strategic Thinking - is the "What" and "Why" of what we be do. Its process gets feedback externally and internally and promotes innovative thinking to solve problems. • Operational Pl