“Good ideas can come from anywhere.” Most of us recognise the wisdom in this quote, yet we still see strategy as the realm of a company’s senior leaders. That may be because of our tendency to equate strategic thinking with strategic planning. Although these practices are related and equally necessary for a company’s success, they…
Tags: | strategic planning, Strategy Development
As the Covid-19 pandemic disrupts the way we live, work, and conduct business, leaders are scrambling to manage the immediate fallout. However, as history proves, it’s also necessary to prepare for what’s next. Visionary leaders like Abraham Lincoln, , Winston Churchill, and Nelson Mandela didn’t simply react to the most imminent threats confronting them; they…
Tags: | Strategy Development, vision
The coronavirus crisis is a world-changing event. Here are five themes business leaders need to consider as they plan for the next normal. 1. Remote working Business has adjusted to the realities of social distancing very rapidly. For most managers, productivity is at best similar to what it was before – less time spent commuting is…
Tags: | coronavirus, Strategy Development
There are a host labels out there that can describe a company’s direction? Do we really need a “purpose” to add to this list? I believe we do. Below I have pulled together a list which starts to distinguish between the various direction led labels. A vision statement says what the company wants to be…
Tags: | Strategy Development
“Good ideas can come from anywhere.” Most of us recognise the wisdom in this quote, yet we still see strategy as the realm of a company’s senior leaders. That may be because of our tendency to equate strategic thinking with strategic planning. Although these practices are related and equally necessary for a company’s success, they…
Tags: | Strategy Development
Have you ever been asked “Why are we doing this initiative?” or “Why did we stop focusing on this activity?” These seem like innocent questions, but as a business leader, you might start to worry. The answers are in your strategy, and whether it was just launched last week or is in your plan from…
Tags: | Strategy Development
“If you don’t know where you’re going, any road will take you there.” – Lewis Carroll, as paraphrased by George Harrison According to Investopedia one of the key reasons business fail is not having any type of strategic plan. If a business has little idea where it is headed, it will wander aimlessly without direction,…
Tags: | Strategy Development
To stay on the growth path in 2020, alignment on a vision, strategy, and key initiatives is essential. By having participation and alignment across your company in the planning process, you can be certain that each team knows it’s part in the success of the company.Last week we covered the first 3 stages of effective…
Tags: | Strategy Development
To stay on the growth path in 2020, alignment on a vision, strategy, and key initiatives is essential. By having participation and alignment across your company in the planning process, you can be certain that each team knows it’s part in the success of the company. Here’s a high-level overview for a company with a…
Tags: | planning, Strategy Development
The more I facilitate strategic planning meetings, the more I recognise the challenges that business leaders face wanting to create change and a develop a new future for your organisation. You may understand the importance of strategic planning, but does the rest of your leadership team? If you’re talking to someone who has never done…
Tags: | Strategy Development
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