Numerous studies in the business world have shown that even when strategies are well-crafted, most organizations fall short when it comes to execution. One key reason for this, I believe, is that organizational leaders are usually not equipped with the appropriate tools for strategic management. Tools and techniques that help…
The Two Questions that Only the CEO Can Answer
Every employee wants to know where they fit and how their contribution matters within their organization. Unfortunately, few CEO’s actually take the time to clarify the bigger purpose, vision and strategy of their organization in meaningful terms that genuinely motivate employees. We have all felt the excitement and creative energy …
Strategy Management—Five Essential Steps for Best Results
What is the best way to improve organizational performance? There are 5 essential steps. And they need to happen sequentially. The Five Essential Steps for Strategy Management Best Results Strategy must be crisp, concise and communicated so it is understood by everyone. Communicate with words and visual aids. Measures must …
The Hypotheses of Strategy
I’ve often asserted that all organizations need to change their strategy in response to change in the environment; to realize new opportunity and to defend against threat. I’ve said that the organization that fails to change its value proposition will lose relevance, and ultimately become extinct. Most leaders understand intuitively …
Strategic Management Systems Integrating Thinking NOT Data
When considering the adoption of strategic management systems, placing too much focus on IT compatibility and integration can lead to missing the real opportunity for improving alignment and strategy execution. It is very natural for people in IT (and large software companies) to see organizational alignment and strategy execution as …