We can all agree that the level of uncertainty in today’s business environment is high and most likely will be no less in the future. Faced with ongoing uncertainty, we are seeing many business owners and CEO’s dismissing the value of strategy because they believe it’s too static. In many cases these leaders have the […]
Strategy Development
Are You Still Struggling With Uncertainty?
Friday, February 15th, 2013Posted in Newsletter, Strategy Development
Stop Wasting Valuable Business Resources
Tuesday, October 23rd, 2012I had a client recently tell me that one of his mature, declining businesses needed to be resurrected. In reality, the market dynamics were all running against this decision. The product line had run its useful course as substitutes were becoming more important to the end user. Competitors were dropping pricing to maintain share and […]
Posted in Leadership, Newsletter, Strategy Development
What is Strategy?
Wednesday, April 11th, 2012I recently came across an article written by Steve Tobak published on CBSNews.com. Steve is a former tech executive and now a strategy consultant to that industry. His article really resonated with me because over the years I have spoken to hundreds of owners, CEOs and Presidents and in many cases, whenever I ask the […]
Posted in Newsletter, Strategy Development, Strategy Execution, Strategy Management
Michael Porter on: What Are The Most Common Strategy Mistakes?
Sunday, February 26th, 2012Michael Porter, Harvard Business School professor and author, is a giant among strategy and competition gurus. If you’ve studied strategy at all, Porter is a must read, including his most popular book Competition. Joan Margretta, Porter’s former editor at Harvard Business Review, has captured his latest views in her new book,Understanding Michael Porter: The Essential Guide […]
Posted in Newsletter, Strategy Development
Out With the Old, In With the New
Thursday, January 26th, 2012The title of this month’s article is one that many of us use to ring in the New Year. It also has significance for business in the current economic environment. In 2011 we saw firms such as Nokia and Research In Motion (RIM), perennial growth companies, post disappointing results and lost their positions as market […]
Posted in Newsletter, Strategy Development
CEO’s Are Only As Good As Their Last Decision
Saturday, November 26th, 2011Over the last two months Netflix has been making headlines regarding the strategic decisions they made on their DVD and video streaming services. Reed Hastings, CEO and Founder, has received enormous criticism for Netflix’s decision to separate the two services and raise prices by 60%. Netflix has been severely punished by the market for losing […]
Posted in Leadership, Newsletter, Strategy Development
Business Killer – Complexity
Wednesday, October 26th, 2011Creating unnecessary complexity in your company can be a business killer. It quickly leads to a lack of focus, which in turn leads to lost opportunities. Understanding what your organization does well and where resource should be focused to create business value is a basic premise of strategy management. While most CEO’s understand this basic […]
Posted in Business Killers, Newsletter, Strategy Development
Good Strategy/Bad Strategy: The Difference and Why It Matters. By Richard Rumelt
Tuesday, July 26th, 2011By Richard Rumelt Is your strategy a mix of slogans and goals, or a set of objectives that offer solutions to key problems? Richard Rumelt, in his forthcoming book to be released in the U.S., July 19th, Good Strategy/Bad Strategy: The Difference and Why It Matters, leverages 40 years of academic and strategy consulting experience. Rumelt […]
Posted in Book Reviews, Newsletter, Strategy Development
Keep your Strategy Relevant and Win
Thursday, May 26th, 2011In our newsletter of the summer of 2009 we spoke about the “New Normal” business environment having less financial leverage and more government, resulting in a slow and long economic recovery. This is playing out with 1st quarter GDP growing at only 1.8% versus historical growth rates of 4-5% for this stage of a recovery. […]
Posted in Newsletter, Strategy Development
Four Vital Steps to Increase the Value of your Business
Tuesday, April 26th, 2011What I like the most about March Madness is the coherence in the way winning coaches prepare their players and team for each game. Successful coaches set clear game strategies that capitalize on what they do best collectively as a team. As a result, the coherence between coach and players provides a winning advantage, in […]
Posted in Newsletter, Strategy Development, Strategy Management
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