Albu On Strategy

Strategy Execution

 

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 […]


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 […]


What Makes Strategy Happen?

Saturday, December 17th, 2016

What better way to end the year than with an article about Making Strategy Happen?  In this newsletter, I want to reference a great article by Bain & Company entitled Strategic Planning that Produces Real Strategy: Is your planning process a competitive weapon or a waste of time?  It hit home for us because it […]


What is Your Strategic Cadence?

Tuesday, November 29th, 2016

Strategy management is a holistic approach to managing any company.  It is a discipline that requires energy, patience and persistence to develop the right organizational habits that help make strategy management an integrated part of how you manage your business.  Unfortunately, for many, strategy development and execution is an ad-hoc and choppy process often left […]


3 Principles to Increase Strategy Execution Capacity

Wednesday, October 26th, 2016

Does this sound familiar to you?  You’ve held your strategy meeting with your management team, identified key strategic initiatives, assigned responsibilities and you were off and running.  Everyone was on board and excited leaving the meeting, or so it seemed.  What’s happening?  Why are we not making any progress against these initiatives that are so […]


Are You Measuring What Matters?

Sunday, August 28th, 2016

Running a business today in the global economy has become more complex and competitive.  We find that because of this increasingly challenging environment, running the day-to-day business can become overwhelming.  In our experience, actively managing your strategy is a first step to clarify and focus decision making, and make the complex more manageable. A critical […]


Is Your Strategy Always Right? Lessons Learned from Jordon Spieth’s Caddie

Sunday, April 17th, 2016

Is Your Strategy Always Right? Lessons Learned from Jordan Spieth The headlines to this year’s Masters was Jordan Spieth’s “car crash” on Augusta National’s signature hole #12 after leading the tournament for the previous 65 holes. Spieth shot a quadruple bogey to lose his lead and the tournament in the final round at the Masters. […]


How to Strategically Navigate the New Economic Normal?

Sunday, February 21st, 2016

One of the most confusing things about our current economic times is the complexity of it all. Wage growth is anemic, yet corporations are flush with cash. Interest rates are historically low, yet business investments are lagging. Market volatility is as severe as it has ever been creating uncertainty, and economic growth is slow. We […]


Strategy + Teamwork = Success

Thursday, November 19th, 2015

For those regular readers of our monthly newsletter, you know that Harvey Mackay has contributed to our thinking on several occasions. Harvey Mackay is well known for his book, Swim With the Sharks Without Being Eaten Alive. In a newsletter he wrote about teamwork and how it “divides the task and multiplies the success.” This […]