At Albu Consulting we believe that strategy is a continuous process and therefore needs to be managed liked other key elements of your business to be successful. Harvard Business School professor Robert Simons the author of “Seven Strategy Questions” is of the same opinion. He has put together a guide for you and your team […]
Strategy Development
Recommended Reading: Seven Strategy Questions
Saturday, March 26th, 2011Posted in Book Reviews, Newsletter, Strategy Development
Three Critical Steps to Recalibrate Your Business
Saturday, July 11th, 2009I received an economic report from a friend and Chair of Vistage, a leading CEO membership organization. The report was written by Roger Martin-Fagg, an economist from the UK, and he said, “It is now clear to me that we are not experiencing a typical business cycle. Instead we are in a discontinuity, where there […]
Posted in Newsletter, Strategy Development
Five Steps to Weather the Downturn
Sunday, October 12th, 2008We face some challenging times right now, and the uncertainty of 2009 and beyond will make or break many companies. But in times like these, there are opportunities for the strong to get stronger – so successful CEOs and owners should be launching initiatives that simultaneously address the short and long term. Consider these tactics as you prepare to ride out the storm, […]
Posted in Newsletter, Strategy Development
How Well Do You Know Your Competition?
Friday, May 12th, 2006I’m writing this in the midst of “March Madness.” If you like college basketball, it’s the best time of year. Some of the greatest strategic minds coach these teams, like Coach Jim Calhoun of UConn and Coach Mike “K” Krzyzewski of Duke. Strategy plays a big part of each game — coaches have to establish […]
Posted in Newsletter, Strategy Development
Planners Win
Thursday, May 12th, 2005What does it really take to be successful in today’s fast paced, competitive business environment? Two important factors are 1) meticulously managing your day to day operations, and 2) planning for the future, both short and long term. However, planning often gets short changed because of the rigors of managing the day to day business. Planning should […]
Posted in Newsletter, Strategy Development, Strategy Execution, Strategy Management
When It’s Time to Examine Your Growth Strategy
Saturday, December 11th, 2004Company leaders should constantly challenge their organizations’ growth strategies. But it is sometimes difficult to step back from the hectic day-to-day running of a business to recognize internal and external issues that cause sales and earnings to slump. Being sensitized to some well-defined warning signals can help address issues and problems early. Here are eight […]
Posted in Newsletter, Strategy Development, Strategy Management
Growing “smarter”
Tuesday, October 12th, 2004One fundamental of successful strategic planning is the ability to craft growth strategies that capitalize on your organization’s capabilities. Over my years as a strategy consultant, I have found the Growth Strategy Matrix (below) to be an excellent means for exploring alternative growth avenues. This simple yet effective tool is used to define business opportunities, […]
Posted in Newsletter, Strategy Development
Ten Fatal Sins of Strategic Planning
Sunday, July 11th, 2004Strategic planning can be challenging for any business. Below are ten of the most common errors committed during the planning process. While this list is certainly not all-inclusive, hopefully it will prompt some debate around the conference table at the next management meeting. Avoid the following and your planning will be “saved.” 1. Implementing weekend […]
Posted in Newsletter, Strategy Development, Strategy Execution, Strategy Management
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