Albu On Strategy

Business Killers


Business Killer: Lack of Accountability

Friday, November 24th, 2017

Business Killer: Lack of Accountability The Webster dictionary defines Accountability as “an obligation or willingness (of an individual) to accept responsibility.” Holding oneself accountable is an important core value of many companies.  Unfortunately, to some individuals there are negative connotations to accountability, such as, “my boss is looking over my shoulder” or, “she will lay […]

Business Killer: Complacency

Tuesday, August 15th, 2017

Business Killer: Complacency Are you always striving to stay ahead of your competitors? Are you confident you have a strategy that will take you to a higher level, year after year? Or have you let complacency overwhelm your organization?  Whether you have a thriving business experiencing double-digit growth, or struggling to achieve your goals, one […]

Business Killer: Lack of Trust

Friday, June 3rd, 2016

As an authorized partner of the Five Behaviors of a Cohesive Team, T-R-U-S-T is the most important five letter word in business and the foundational behavior to creating a cohesive strategy team. As explained by Patrick Lencioni, author of The Five Dysfunctions of a Team, “When team members are genuinely transparent and honest with one […]

Business Killer: Employee Dis-Engagement

Saturday, June 21st, 2014

In our work assisting owners, CEOs and their management teams in developing and executing strategy, we often hear concern raised regarding the level of employee engagement and the risk it represents to achieving strategic objectives. A recent article by Tony Schwartz and Christine Porath in the New Your Times sheds light on this critical issue […]

Business Killer: 3 Villains That Kill Change Initiatives

Monday, April 14th, 2014

Working with our clients to develop and execute strategy, most often there is a need for change, whether a small shift in a new direction or transformational.  This is without question challenging for any organization, and requires a long term commitment to see it through.    Why?  Because people inherently do not like change.  It’s disruptive, […]

Business Killer – 5 Reason the Status Quo is Not Enough

Friday, March 15th, 2013

The Status quo is defined as the current or existing state of affairs.  To maintain the status quo is to keep things the way they are.  Isn’t that the easier way?  Wouldn’t it be nice if we all could just keep things the way they are and not change? Unfortunately, the world does not work […]

Business Killer – Complacency

Wednesday, July 11th, 2012

From the Wall Street Journal, Friday, May 18, 2012…”Jamie Dimon, J.P. Morgan Chase & Co. Chairman and CEO had just committed the most expensive blunder of his 30-year career, failing to detect the risk of trades that had begun to generate huge losses at the bank.” Dimon was quoted as saying “The big lesson I learned: […]

Business Killer – Complexity

Wednesday, October 26th, 2011

Creating unnecessary complexity in your company can be a business killer.   It quickly leads to a lack of focus, which in turn leads to lost opportunities.  Understanding what your organization does well and where resource should be focused to create business value is a basic premise of strategy management.  While most CEO’s understand this basic […]