September 2016
5 Reasons Strategic Plans Fail
5 Reasons Strategic Plans Fail Why do so many strategies fail? Why is it that 80% of companies fail to achieve the full value of their strategic plan? What are the missteps that lead to a failed strategy? Over twenty-three years in business, our experiences have given us a unique perspective on these challenges, which […]
August 2016
Are You Measuring What Matters?
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 […]
July 2016
Selling your business? You Need a Strategy!
We recently attended a meeting with a panel of esteemed professional advisers speaking to the critical steps leading up to exiting your business. They spoke about the importance of quality of earnings, revenue growth, operating margin, cash flow and diversity of customer base as key measures to maximize value. While these measures are important in […]
June 2016
Business Killer: Lack of Trust
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 […]
April 2016
Is Your Strategy Always Right? Lessons Learned from Jordon Spieth’s Caddie
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. […]
March 2016
Book Review: The Five Dysfunctions of a Team
Book Review – The Five Dysfunctions of a Team “After her first two weeks observing the problems at Decision Tech, Kathryn Petersen, its new CEO, had more than a few moments when she wondered if she should have taken the job.” And so begins the story of a technology company struggling to grow and find […]
February 2016
How to Strategically Navigate the New Economic Normal?
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 […]
January 2016
Strategy Requires Three Bones
I recently came across a quote from country music singer Reba McEntire. Ms. McEntire is quoted as saying, “to succeed in life, you need three things: wishbone, backbone and funny bone.” As in life, in business these three bones can also be guiding principles to defining and developing successful strategy. A WISHBONE is for a […]
December 2015
How to Make a Good Company GREAT!
Albu Consulting is a strategy management consulting firm and we believe that every company deserves to be great. So what is “Strategy Management” all about? It is about embracing the discipline of making smart business decisions and delivering on those decisions. It is about managers making better decisions, more often, with greater confidence every day […]
November 2015
Strategy + Teamwork = Success
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 […]
Categories
Buy the Book
Contact