As the fiscal year ends, the planning teams wrap up the annual planning and distribute next year’s budgets. Ideally, this would be a time of excitement as each new year brings new challenges and....
Post Tags: Strategic Management
“It just sucks. Every year we try to make improvements, and it gets better, but it still sucks.”
This is a sentiment expressed by the CEO of a successful and fast-growth technology company on a....
Post Tags: Strategic Planning
In the recent Harvard Business Review article, Don’t Let Metrics Undermine Your Business, authors Michael Harris and Bill Tayler explore this question by taking a close look at how Wells Fargo’s....
Post Tags: Strategic Planning
A constant in strategic management is the need to respond quickly to perceived threats or potential opportunities. More than ever before, the speed of decision-making is as important as the....
Post Tags: Strategic Focus, Strategic Management
Data is front and center in today’s management team meetings. Executives report spending more and more time pouring over their dashboards and analyzing variances from performance targets. They....
Post Tags: Strategic Management
In the last two posts, I discussed the need for renewing strategic thinking months before budgeting as another discipline of strategic management. In this post, I dig deeper into how to find....
Post Tags: Strategic Management
A slower pace, time to reconnect with friends and family, spending more time out of doors, or finally setting off on a trip months in the planning; these are all hallmarks of the summer months.
....
Post Tags: Strategic Management
Strategic thinking requires a shift in mindset from the problem-solving, now-oriented practice relied upon to manage transactions to a less linear, more chaotic future-oriented process in which....
Post Tags: Strategic Management
Leading a project, team, or company can feel all-consuming. There is so much time and attention taken by planning and managing that the equally important role of communicating is given short....
Post Tags: Strategic Management
A measure of strategic management capabilities is how well a leadership team can balance responding to market conditions and staying focused on achieving objectives set out in a long-range....
Post Tags: Strategic Management