February 2020
Are You Asking the Right Strategy Questions?
One of the primary roles we play when working with our clients on developing and executing strategy is asking good question that are often not top of mind for owners and CEOs. We ask questions to challenge the status quo, designed to cause debate and come to agreement on strategic choices. Harvard Business School professor […]
January 2020
Strategy Execution Requires Three C’s
What is one of the most common missing links when it comes to successful strategic planning? Most CEOs we speak to will agree its strategy execution. You can have developed a mediocre plan, and an exceptional execution process will lift that average plan to new heights. Without a solid execution process in place, strategic plans […]
December 2019
Top 10 Strategy Management Quotes of 2019
As is our custom each year we have selected our top 10 strategy management quotes for you to reflect on. Strategy Management “Strategy management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action.” Peter Drucker “To be strategic is to concentrate on what […]
October 2019
What Are Middle Market Company Top Concerns?
In a recent Key Bank Business Sentiment Survey by of over 400 business owners and executives of middle market companies, the top concerns were as follows: 31% Attracting Talent 30% Healthcare Cost 29% Increased Competition/Pricing Pressure 29% Potential Economic Downturn 28% Trade Agreements/Tariffs It’s fair to say that these concerns should not be a surprise. […]
September 2019
What is Your Company’s Purpose?
On August 19th the Business Roundtable (BRT), the influential association of CEOs for 200 of America’s leading companies announced a new purpose for the corporation, throwing out the previous statement of corporate purpose put in place in 1997. The new statement is the result of a reexamination of the role of business in serving society. […]
August 2019
Winners Plan and Planners Win
What does it really take to be successful in today’s fast paced, competitive business environment? Two important factors: 1) meticulously managing your day-to-day operations, and 2) planning for the future. However, long-term planning often gets shortchanged because of the rigors of managing the day-to-day running of the business. Why is future planning important? Why should […]
August 2019
Six Fatal Sins of Strategy Management
Strategy Management can be challenging for any business. Given our 25 years of experience helping private companies develop and execute their strategies, here are eight of the most common mistakes we have seen. While this list is certainly not all-inclusive, hopefully it will prompt some debate around the conference table at your next management meeting. […]
June 2019
Making Strategy Happen
The 2019 FIFA Women’s World Cup is underway. USA got off to a great start beating Thailand and Chile decisively. Jill Ellis is the team’s soccer coach and has proven herself to be an exemplary leader. Over the years, Jill has gained the players’ confidence and buy-in. Coach and players share a common goal (to […]
May 2019
When is it Time to Challenge Your Strategy?
Although CEO’s are constantly challenging the direction and vision of their companies, in the hectic day-to-day running of a business, it is sometimes difficult to recognize internal and external trends that can cause the company’s sales and earnings to slump. The more you can sensitize yourself to some well-defined warning signs, the earlier you can […]
April 2019
Get Focused, Be More Successful
I hope you enjoyed March Madness as much as I did. What I enjoy most is the team coherence–the way winning coaches prepare their players for each game. Successful coaches set clear game strategies that capitalize on what they do best collectively as a team. As a result, the coherence between game strategy and team […]
Categories
Buy the Book
Contact