In the past several months since COVID-19 was declared a pandemic, our newsletters have been emphasizing the need to revisit your company’s strategy to ensure you can come out of the crisis ahead of the competition. However, the unprecedented level of uncertainty leaders are now facing gives them reason for pause. As a solution, consider […]
Strategy Management
Strategic Foresight: Are You Making Your Future?
Friday, July 24th, 2020Posted in Newsletter, Sidebar - Strategy Development, Strategy Management, Uncategorized
It’s Time to Refresh Your Strategy
Wednesday, June 24th, 2020I believe most would agree that it is refreshing to see business reopen and our economy beginning to rebound. Yet the uncertainty of the second and third quarters of 2020 still looms over our heads. Not knowing what the short-term future holds has caused many CEOs to delay investments that are needed to achieve long […]
Posted in Newsletter, Strategy Development, Strategy Management
Short-Term/Long-Term Strategic Choices
Sunday, May 17th, 2020From our vantage point, we cannot honestly say that anyone has all the answers at this moment in time. Uncertainty about the future continues, and crisis management in the near term is consuming everyone’s attention. According to a survey by Alera Group, titled Covid-19 Employer Pulse Survey, “over 80% of respondents across all sizes, regions […]
Posted in Newsletter, Strategy Development, Strategy Execution, Strategy Management
Strategic Thinking for a Post-Pandemic Era
Wednesday, April 22nd, 2020It still seems hard to believe what the world, our country, our business community, and our families are going through during this pandemic. Never have any of us experienced anything of this magnitude in our lifetime and hopefully never will again. On the bright side, every crisis has an end and the light at the […]
Posted in Leadership, Newsletter, Strategy Development, Strategy Management
Five Steps to Manage a Downturn
Friday, March 13th, 2020We are facing some unprecedented challenging times right now, and the uncertainty of 2020 and beyond will make or break many companies. But in times like these, there are opportunities for the strong to get stronger. Successful CEOs/owners should be pursuing strategies that simultaneously address the short- and long-term. As Harvey Mackay said, “Companies that […]
Posted in Newsletter, Strategy Development, Strategy Management
Top 10 Strategy Management Quotes of 2019
Thursday, December 19th, 2019As is our custom each year we have selected our top 10 strategy management quotes for you to reflect on. Strategy Management “Strategy management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action.” Peter Drucker “To be strategic is to concentrate on what […]
Posted in Newsletter, Strategy Management, Uncategorized
What Are Middle Market Company Top Concerns?
Friday, October 18th, 2019In a recent Key Bank Business Sentiment Survey by of over 400 business owners and executives of middle market companies, the top concerns were as follows: 31% Attracting Talent 30% Healthcare Cost 29% Increased Competition/Pricing Pressure 29% Potential Economic Downturn 28% Trade Agreements/Tariffs It’s fair to say that these concerns should not be a surprise. […]
Posted in Leadership, Newsletter, Strategy Management
What is Your Company’s Purpose?
Friday, September 20th, 2019On August 19th the Business Roundtable (BRT), the influential association of CEOs for 200 of America’s leading companies announced a new purpose for the corporation, throwing out the previous statement of corporate purpose put in place in 1997. The new statement is the result of a reexamination of the role of business in serving society. […]
Posted in Newsletter, Strategy Development, Strategy Management
Winners Plan and Planners Win
Monday, August 19th, 2019What does it really take to be successful in today’s fast paced, competitive business environment? Two important factors: 1) meticulously managing your day-to-day operations, and 2) planning for the future. However, long-term planning often gets shortchanged because of the rigors of managing the day-to-day running of the business. Why is future planning important? Why should […]
Posted in Newsletter, Strategy Development, Strategy Management
Six Fatal Sins of Strategy Management
Monday, August 12th, 2019Strategy Management can be challenging for any business. Given our 25 years of experience helping private companies develop and execute their strategies, here are eight of the most common mistakes we have seen. While this list is certainly not all-inclusive, hopefully it will prompt some debate around the conference table at your next management meeting. […]
Posted in Newsletter, Strategy Execution, Strategy Management
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