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 […]
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5 Reasons Strategic Plans Fail
Thursday, September 22nd, 2016Posted in Newsletter, Strategy Development
Are You Measuring What Matters?
Sunday, August 28th, 2016Running 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 […]
Posted in Newsletter, Strategy Execution
Selling your business? You Need a Strategy!
Sunday, July 17th, 2016We 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 […]
Posted in Newsletter, Strategy Development
Business Killer: Lack of Trust
Friday, June 3rd, 2016As 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 […]
Posted in Business Killers, Leadership, Newsletter
Is Your Strategy Always Right? Lessons Learned from Jordon Spieth’s Caddie
Sunday, April 17th, 2016Is 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. […]
Posted in Leadership, Newsletter, Strategy Execution
Book Review: The Five Dysfunctions of a Team
Thursday, March 17th, 2016Book 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 […]
Posted in Book Reviews, Leadership, Newsletter
How to Strategically Navigate the New Economic Normal?
Sunday, February 21st, 2016One 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 […]
Posted in Leadership, Newsletter, Strategy Development, Strategy Execution
Strategy Requires Three Bones
Saturday, January 30th, 2016I 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 […]
Posted in Newsletter, Strategy Development
How to Make a Good Company GREAT!
Wednesday, December 30th, 2015Albu 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 […]
Posted in Newsletter, Strategy Management
Strategy + Teamwork = Success
Thursday, November 19th, 2015For 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 […]
Posted in Leadership, Newsletter, Strategy Execution
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