Albu On Strategy

Strategy Development


The Impact on Strategy in the Midst of Uncertainty

Wednesday, September 7th, 2022

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 […]

Strategic Thinking in Turbulent Times

Friday, May 20th, 2022

Here 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 […]

Strategic Thinking in Uncertain Times

Saturday, April 23rd, 2022

Our 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 […]

Make Strategy Management a Competitive Advantage

Friday, February 11th, 2022

There 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 […]

The Most Common Strategy Mistakes

Tuesday, November 16th, 2021

Michael 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 […]

Plan to Win in Uncertain Times

Thursday, September 16th, 2021

What 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 […]

Three Steps to Recalibrate Your Business

Sunday, July 25th, 2021

We 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 […]

Four Steps to Become More Focused and Successful

Sunday, June 27th, 2021

Successful 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 […]

Post-Pandemic Strategic Thinking

Wednesday, June 2nd, 2021

I was reflecting on the challenges that CEO/Owners experienced in 2020 balancing both the pandemic crisis and the day-to-day running of the business.  With all that turbulence, it was probably difficult to pull away from the challenges of the day-to-day.   Now that the country is opening for business, it’s a good time to assess if […]

Strategic Thinking Requires “TLC”

Thursday, April 15th, 2021

TLC 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 strategic thinking, TLC refers to the CEO’s commitment to Time, Leadership and Change.” Let me explain.  Time –Michael Porter, professor at […]