Uncertainty…Has inflation peaked? Are we in a recession? Will the federal reserve increase rates? Will supply chain challenges be resolved? We have written often about the challenges business leaders face and the impact of uncertainty on strategy management. Two of our most recent articles on the subject were Strategic Thinking in Turbulent Times, May 2022 […]
Leadership
The Impact on Strategy in the Midst of Uncertainty
Wednesday, September 7th, 2022Posted in Leadership, Newsletter, Strategy Development, Strategy Execution, Strategy Management
Make Strategy Happen
Monday, July 18th, 2022Watching the 150th Open Championship at St. Andrews’ Old Course this year was exciting, particularly watching how players were tested on a very challenging golf course. Each player had his strategy going into the tournament, but to win they needed to execute. To win, they needed remained flexible by adapting to course conditions, changing weather, […]
Posted in Leadership, Newsletter, Strategy Execution
Strategic Thinking in Turbulent Times
Friday, May 20th, 2022Here we go again…supply chain challenges continue to cause shortages driving costs up; tightening labor markets are pushing wages higher; global energy prices are at new highs due to geopolitical disputes; and these external factors threaten to push the economy toward a recession. We are in another challenging business cycle that demands changes to how […]
Posted in Leadership, Newsletter, Strategy Development, Strategy Management
Why is it So Hard to Achieve Our Strategic Objectives?
Thursday, March 17th, 2022Does this sound familiar to you? You’ve held your strategy meeting with your leadership team late last year, identified strategic objectives and initiatives, assigned responsibilities and you were off and running. Everyone was on board, or so it seemed. What’s happening? Why are we not making any progress against these initiatives that are critical to […]
Posted in Leadership, Newsletter, Sidebar - Strategy Execution, Strategy Management
Make Strategy Management a Competitive Advantage
Friday, February 11th, 2022There was a great article by Bain & Company written in 2017 entitled Strategic Planning that Produces Real Strategy: Is your planning process a competitive weapon or a waste of time? We liked the article back then and still do because it supports everything about our strategy management framework. The authors are careful not to overstate by […]
Posted in Leadership, Newsletter, Strategy Development, Strategy Management
Our Top Ten Strategy Quotes for 2021
Thursday, December 16th, 2021As is our custom each year, we have selected our top strategy management quotes to inspire you in the new year. 2021 continued to be challenging, with new variants of Covid, supply chain shortages, inflation, and a lack of skilled workers, to name a few. But private and family businesses have demonstrated an incredible resilience […]
Posted in Leadership, Newsletter, Strategy Management
Plan to Win in Uncertain Times
Thursday, September 16th, 2021What does it really take to be successful in today’s fast-paced, uncertain, and competitive business environment? Two important factors: 1) meticulously managing your day-to-day operations, and 2) strategically planning for the future, both short- and long-term. However, planning often gets shortchanged because of the rigors of managing the day-to-day business. Orit Gadiesh, Chairman of Bain […]
Posted in Leadership, Newsletter, Strategy Development, Strategy Management
Three Bones of Strategy
Sunday, August 15th, 2021Country music singer Reba 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 developing and executing a successful strategy. A WISHBONE is for a well-defined strategy, providing clear direction to the organization […]
Posted in Leadership, Newsletter, Strategy Execution, Strategy Management, Uncategorized
Three Steps to Recalibrate Your Business
Sunday, July 25th, 2021We are experiencing a global economic surge due in many ways to the pent-up demand from the pandemic. Most businesses are in “recalibration” mode. The US consumer is driving this economic boom and no matter what business you are in, you need to consider changes to your business model and approach to capitalize on this […]
Posted in Leadership, Newsletter, Strategy Development
Four Steps to Become More Focused and Successful
Sunday, June 27th, 2021Successful team sports are a result of developing unity and structure around teammates. Successful coaches set clear game strategies that capitalize on the collective strengths of all the players. As a result, the unity between coach and players provides a winning advantage over their competition. The same disciplined approach should translate into your organization. In […]
Posted in Leadership, Newsletter, Strategy Development
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