In their book The Execution Premium, Harvard’s Norton and Kaplan stated that 80% of companies never achieve the full value of their strategy. That is a frightening statistic. In our experience, the greatest reason is that short term needs take precedence over long term strategic choices. So, what can leaders do differently to be among […]
Newsletter
The Impact on Strategy in the Midst of Uncertainty
Wednesday, September 7th, 2022Uncertainty…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 […]
Posted 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
Strategic Thinking in Uncertain Times
Saturday, April 23rd, 2022Our businesses are entering new challenging times. Inflation is at a 40-year high, energy prices have almost doubled, material costs are rising, and the federal reserve will be taking steps to slow the hot economy. On the heels of the pandemic, we now face new geopolitical risks, and it’s time once again to prepare for […]
Posted in 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
Six Cs of Successful Strategy Execution
Friday, January 14th, 2022In their book The Execution Premium, Harvard Business School professors Norton and Kaplan found that 70% of companies fail to achieve the full value of their strategic plan. A Brightline survey carried out in partnership with the Economist Intelligence Unit found that 53% of executive leaders believe that a failure to deliver on strategic objectives […]
Posted in Newsletter, Strategy Execution, 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
The Most Common Strategy Mistakes
Tuesday, November 16th, 2021Michael Porter is the founder of the modern strategy field and one of the world’s most influential thinkers on management and competitiveness. He is a professor at Harvard Business School and author of 19 books. If you’ve studied strategy at all, Porter is a must read. We wrote about Porter’s interview with Joan Margretta, Porter’s […]
Posted in Newsletter, Strategy Development, Strategy Management
Categories
Recent Posts
Contact