Albu On Strategy



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 […]

Why Bother with Strategy?

Thursday, October 19th, 2017

Mike Freedman, author of The Art and Discipline of Strategic Leadership defined strategy as the “cause of the nature and direction of an organization, and the framework for making business decisions.” Simply put, strategy defines the organization’s “rules of engagement,” and provides guidance on the choices you select: Which products and services you will offer (or […]

Book Review: The Five Most Important Questions…You will ever ask about your organization

Thursday, September 14th, 2017

The Five Most Important Questions is based on a book written and published by Peter Drucker in 1993.  The objective of Drucker’s original book was to provide non-profit organizations guidance to self-assess their performance.  This edition published in 2008 was updated and enhanced by the Leader to Leader Institute in cooperation with six of the […]

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 […]

Winners Plan…and Planners Win!

Friday, July 14th, 2017

What does it really take to be successful in today’s fast-paced, competitive business environment? Two important factors are, 1) meticulously managing your day-to-day operations, and 2) planning strategically for the future, both short- and long-term. However, strategy management often gets short changed because of the rigors of managing the day-to-day business. In this post, we […]

When is it Ever a Good Time to Examine Your Strategy?

Friday, June 30th, 2017

When I ask business owners if now is the right time to examine their strategy, most often I get a range of reasons why the time is just not right.  As you can imagine, with over 23 years as strategy management consultants, we’ve heard plenty of reasons: “We have too much going on right now, […]

Strategy Requires “TLC”

Monday, May 1st, 2017

TLC is commonly recognized as “Tender Loving Care,” and while it certainly applies to the CEO’s essential emotional commitment to the company, I like to define this acronym differently. As it relates to successful strategy management, TLC refers to the CEO’s commitment to “Time, Leadership and Change.” Let me explain. Time – Committing quality time to the strategy process […]

Book Review: Good Strategy/Bad Strategy: The Difference and Why It Matters, By Richard Rumelt

Saturday, April 1st, 2017

Is your strategy a mix of slogans and goals, or a set of objectives that offer solutions to key problems?  We reviewed Richard Rumelt’s book back in July 2011 when it was first released, and this seems like a good time to revisit some of his insights on the importance of having a strategy and […]

Lessons from Bill Belichick on Leadership

Friday, March 17th, 2017

Bill Belichick is the NFL’s only head coach to win five Super Bowls.  His coaching journey to achieve this level of success was not always easy, and there are lessons to be learned from Belichick’s experience. Belichick grew up watching his father, who was a fullback for the Detroit Lions and coached at the Naval […]

Why Invest in Employee Engagement?

Tuesday, February 28th, 2017

If you are a frequent reader of AlbuonStrategy, you know the topic of employee engagement is important to us because of the critical role it plays in successful strategy execution. As strategists, we look for trends and research to support our hypotheses. The ongoing research by Gallup on the State of The American Workplace helps to confirm the value […]