Business Killer: Lack of Accountability The Webster dictionary defines Accountability as “an obligation or willingness (of an individual) to accept responsibility.” Holding oneself accountable is an important core value of many companies. Unfortunately, to some individuals there are negative connotations to accountability, such as, “my boss is looking over my shoulder” or, “she will lay […]
Leadership
Business Killer: Lack of Accountability
Friday, November 24th, 2017Posted in Business Killers, Leadership, Newsletter, Strategy Execution
Strategy Requires “TLC”
Monday, May 1st, 2017TLC is commonly recognized as “Tender Loving Care,” and while it certainly applies to the CEO’s essential emotional commitment to the company, I like to define this acronym differently. As it relates to successful strategy management, TLC refers to the CEO’s commitment to “Time, Leadership and Change.” Let me explain. Time – Committing quality time to the strategy process […]
Posted in Leadership, Newsletter, Strategy Development
Lessons from Bill Belichick on Leadership
Friday, March 17th, 2017Bill Belichick is the NFL’s only head coach to win five Super Bowls. His coaching journey to achieve this level of success was not always easy, and there are lessons to be learned from Belichick’s experience. Belichick grew up watching his father, who was a fullback for the Detroit Lions and coached at the Naval […]
Posted in Leadership, Newsletter
Why Invest in Employee Engagement?
Tuesday, February 28th, 2017If you are a frequent reader of AlbuonStrategy, you know the topic of employee engagement is important to us because of the critical role it plays in successful strategy execution. As strategists, we look for trends and research to support our hypotheses. The ongoing research by Gallup on the State of The American Workplace helps to confirm the value […]
Posted in Leadership, Newsletter
Excerpts from Departing Coca-Cola CEO Muhtar Kent
Monday, January 30th, 2017In May 2017, Muhtar Kent, chairman and CEO of The Coca-Cola Company, will leave the company and hand over leadership to James Quincey. Fortune Insider published Kent’s statements on leadership that struck a core with us and how Albu Consulting helps leaders establish strategy management as an organizational competency. The following are some excerpts from Muhtar Kent, with […]
Posted in Leadership, Newsletter
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 + 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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