December 2020
Our Top Strategy Management Quotes of 2020
This has been a challenging year for all of us and we have learned a great deal about the strength of our organizations, employees, and ourselves. We are all looking forward to putting the pandemic behind us in 2021 and focus on developing plans for our path forward. As is our custom each year we […]
November 2020
5 Reasons the Status Quo is Not Enough
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 […]
September 2020
Death, Taxes and Strategy
“Only three things in life are certain: 1) death, 2) taxes, and 3) the fact that today’s strategy won’t work tomorrow. At some point in the future, your products will become obsolete, your customers’ tastes will change, and technology will render your business model uncompetitive. Today’s success will be tomorrow’s old news. The question is […]
August 2020
Business Killer: Complexity
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’s true capabilities are and focusing resources to create business value is a basic premise of strategy management. While most CEO’s understand this basic principle, business […]
July 2020
Strategic Foresight: Are You Making Your Future?
In the past several months since COVID-19 was declared a pandemic, our newsletters have been emphasizing the need to revisit your company’s strategy to ensure you can come out of the crisis ahead of the competition. However, the unprecedented level of uncertainty leaders are now facing gives them reason for pause. As a solution, consider […]
June 2020
It’s Time to Refresh Your Strategy
I believe most would agree that it is refreshing to see business reopen and our economy beginning to rebound. Yet the uncertainty of the second and third quarters of 2020 still looms over our heads. Not knowing what the short-term future holds has caused many CEOs to delay investments that are needed to achieve long […]
May 2020
Short-Term/Long-Term Strategic Choices
From our vantage point, we cannot honestly say that anyone has all the answers at this moment in time. Uncertainty about the future continues, and crisis management in the near term is consuming everyone’s attention. According to a survey by Alera Group, titled Covid-19 Employer Pulse Survey, “over 80% of respondents across all sizes, regions […]
April 2020
Strategic Thinking for a Post-Pandemic Era
It still seems hard to believe what the world, our country, our business community, and our families are going through during this pandemic. Never have any of us experienced anything of this magnitude in our lifetime and hopefully never will again. On the bright side, every crisis has an end and the light at the […]
March 2020
5 Things to Consider to Survive Disruption
We are in a time of uncertainty and disruption that we have never seen before in our lifetimes and hopefully will not experience again. Business leaders are faced with having to make choices that impact their employees, their families and the survival of their business. Here are five things to consider as you work your […]
March 2020
Five Steps to Manage a Downturn
We are facing some unprecedented challenging times right now, and the uncertainty of 2020 and beyond will make or break many companies. But in times like these, there are opportunities for the strong to get stronger. Successful CEOs/owners should be pursuing strategies that simultaneously address the short- and long-term. As Harvey Mackay said, “Companies that […]
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