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Five Ways To Make Strategic Plans Succeed

Five Ways To Make Strategic Plans Succeed | Business Strategy and Business Intelligence Trends | Scoop.it
Each year, business leaders complain about how strategic planning is ineffective or useless. A growing number of articles point to this problem. Strategists have become the whipping boys of the corporate executive suite. Despite the hours strategy teams spend on rigorous analysis, scenario modeling, market research and countless plan drafts which point out specific problem areas or new growth opportunities, when it comes time to state the strategy, business leaders cop out. They end up softening the edges. They resist being specific. They compromise because they don’t want to offend anyone or leave any group out.  They don’t want to risk placing a bet and being wrong, so they bet on everything.

The result is a lowest common denominator strategic plan which sounds pleasing to everyone, but serves no one. Companies need to break the cycle. Here are five practical and actionable things business leaders can do right now to make their next strategic plan better.

Via David Hain
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David Hain's curator insight, December 2, 4:13 AM

Lot of sense here about prioritising, stopping less important work, ensuring alignment against scope creep. It's less the planning than the execution that is the issue!

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Top 10 Predictive Analytics Tools, By Category

Top 10 Predictive Analytics Tools, By Category | Business Strategy and Business Intelligence Trends | Scoop.it

"Predictive Marketing Software

  • EverString
  • Infer
  • Radius


Industry-Specific Analytics

  • Halo
  • BOARD
  • Statistica Decisioning Platform


Analytics for the Data Scientist

  • SAS Advanced Analytics
  • RapidMiner Studio
  • IBM SPSS
  • SAP HANA"

Via marketingIO
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marketingIO's curator insight, November 16, 6:52 PM

MIA: 6sense.

 

Curated for you by marketingIO: One Source for All Marketing Technology Challenges. See our solutions.  #MarTech #DigitalMarketing

Gonzalo Moreno's curator insight, November 18, 3:36 AM
Metrics - Ch.6 (Analytics)
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How U.S. Manufacturing Is About to Get Smarter

How U.S. Manufacturing Is About to Get Smarter | Business Strategy and Business Intelligence Trends | Scoop.it

U.S. manufacturing industries have an opportunity to use technology innovations to revolutionize production.


Via Karl Wabst
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Karl Wabst's curator insight, November 14, 2:13 PM

The old jobs are unlikely to return. Time to upgrade.

 

Bonus

Here is a nice collection of articles to read while you wait for the old factory with a ton of jobs to reopen in your town. http://sco.lt/5CDUWX

 

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The Future Will Be Confusing

After the election one thing is clear. The future will be confusing. The election also contained at least 3 important lessons for web marketers such as:

It's the economy stupidHabituation HappensChange vs More of the Same


Read the post on Curagami http://www.curagami.com/obama-hope-3-election-web-marketing-lessons/ 


Via Martin (Marty) Smith, Fred Zimny
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La France est de plus en plus attractive !

La France est de plus en plus attractive ! | Business Strategy and Business Intelligence Trends | Scoop.it
Selon un sondage réalisé pour Business France, les investisseurs étranger

Via Thierry Curty
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Thierry Curty's curator insight, November 8, 5:07 PM
Rien de nouveau pour moi qui le dit et le répète à tours de bras, sauf que là cette fois c'est un sondage chez les décideurs. 

Oui, la France a une forte fiscalité, mais elle innovante sur la manière de la soulager qui fait qu'elle n'est finalement pas beaucoup plus haute qu'ailleurs, mais avec plus de vraies retombées sociales et elle offre une position géographique, une qualité de vie, d'infrastructures, des compétences. 
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Business Success: The Power of Owning Your Story

Business Success: The Power of Owning Your Story | Business Strategy and Business Intelligence Trends | Scoop.it
We all have parts of our story that are a little more difficult to own up to than others. And, since, as humans, we are wired to avoid pain, we ofte

Via Karen Dietz, Os Ishmael
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Karen Dietz's curator insight, November 7, 2:36 PM

What a powerful post with invaluable reminders of just what can happen when we really own our stories.

 

I see the transformation that's talked about here all the time with my clients. They are unsure of how to tell their stories. Or some stories remain unfinished and untold because no one was there to help them resolve what happened in their story.

 

But once they are able to find their voice and own their story, amazing things happen: greater confidence, presence, stature, compassion, humility, clarity of purpose, etc. This all leads to more profound results in their business. You may never tell that story to others, yet the effect is the same.

 

We all have stories that we don't own, that keep us from harvesting the results we really want. Time to get to work on those stories :)

 

This review was written by Karen Dietz for her curated content on business storytelling at www.scoop.it/t/just-story-it. Follow her on Twitter @kdietz

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Getting the most out of data with storytelling

Getting the most out of data with storytelling | Business Strategy and Business Intelligence Trends | Scoop.it
Learn how to use storytelling to make sure everyone on your team can easily understand and act on your research insights.

Via Karen Dietz, Os Ishmael
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Karen Dietz's curator insight, November 4, 12:06 PM

OK -- here's a much better article on data storytelling than the one I curated yesterday! It helps you move through the process of working with your data using storyboarding. This creates your narrative.

 

I also like the points made about the impact storytelling will have on a product team, suggestions for finding an insight, and how to keep the visuals simple. 

 

This review was written by Karen Dietz for her curated content on business storytelling at www.scoop.it/t/just-story-it. Follow her on Twitter @kdietz

Insight Narrator's curator insight, November 14, 12:49 PM

OK -- here's a much better article on data storytelling than the one I curated yesterday! It helps you move through the process of working with your data using storyboarding. This creates your narrative.

 

I also like the points made about the impact storytelling will have on a product team, suggestions for finding an insight, and how to keep the visuals simple. 

 

This review was written by Karen Dietz for her curated content on business storytelling at www.scoop.it/t/just-story-it. Follow her on Twitter @kdietz

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6 Tools to Automate Your Business For Faster Growth

6 Tools to Automate Your Business For Faster Growth | Business Strategy and Business Intelligence Trends | Scoop.it
Automation tools offer various benefits, in addition to increasing productivity and enhancing satisfaction. Nowadays, there are plentiful tools available to automate distinct functions of your big, m…
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IBM: In 5 years, Watson A.I. will be behind your every decision

IBM: In 5 years, Watson A.I. will be behind your every decision | Business Strategy and Business Intelligence Trends | Scoop.it
In the next five years, nearly every important decision, whether it's business or personal, will be made with the assistance of IBM Watson, said IBM president and CEO Ginni Rometty, in a keynote speech at IBM's World of Watson conference.

Via Peter Azzopardi
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Peter Azzopardi's curator insight, October 31, 9:10 AM
"Watson technology will touch hundreds of millions of people by the end of this year alone, IBM's CEO said."
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Make Strategic Thinking Part of Your Job

Make Strategic Thinking Part of Your Job | Business Strategy and Business Intelligence Trends | Scoop.it

Here are 3 practical ways I’ve helped executives shift their roles to assume the appropriate strategic focus required by their jobs.


Via Karl Wabst
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Karl Wabst's curator insight, October 30, 2:12 PM

If you cannot say what your strategy is, you are not leading. People may follow you. One bad day you and your followers will realize you are going in circles.

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5 Steps of Decision Making Process

5 Steps of Decision Making Process | Business Strategy and Business Intelligence Trends | Scoop.it
It is every marketer’s goal to get inside the head of a consumer. You want to figure out how the consumer makes decisions and how you can get them to make a decision to purchase your product or ser…
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6 SEO Advantages Small Businesses Have Over Major Firms

6 SEO Advantages Small Businesses Have Over Major Firms | Business Strategy and Business Intelligence Trends | Scoop.it
SEO gives small businesses advantages over big companies in some interesting ways. Make sure to take advantage of these SEO for small business advantages.
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The Five Rules of Uber-ization

The Five Rules of  Uber-ization | Business Strategy and Business Intelligence Trends | Scoop.it
All kinds of entrepreneurs are trying to be the Uber of whatever. But the model fits relatively few sectors--and tech support is going to be one of them.
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Your Ultimate Checklist for Starting a Business

Your Ultimate Checklist for Starting a Business | Business Strategy and Business Intelligence Trends | Scoop.it
You want to start a business; congratulations! It’s an exciting adventure that is fulfilling, challenging, and wonderful all at once. It’s likely that you are feeling unsure of where to start or…
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Risk: Seeing around the corners | McKinsey & Company

Risk: Seeing around the corners | McKinsey & Company | Business Strategy and Business Intelligence Trends | Scoop.it
What can companies do to prepare themselves? True, there’s no easy formula for anticipating the way risk cascades through a company or an economy. But we’ve found that executives who systematically examine the way risks propagate across the whole value chain—including competitors, suppliers, distribution channels, and customers—can foresee and prepare for second-order effects more successfully.

Via David Hain
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David Hain's curator insight, November 14, 10:57 AM

McKinsey on risk - old but gold!

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Best Mobile Productivity Applications for Young Entrepreneurs

Best Mobile Productivity Applications for Young Entrepreneurs | Business Strategy and Business Intelligence Trends | Scoop.it
New innovations have changed representatives work propensities, the administration of their day by day objectives and the way they fulfill job requirements . Notwithstanding this, advancement has lik…
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connected leadership is smarter

connected leadership is smarter | Business Strategy and Business Intelligence Trends | Scoop.it

Via juandoming, michel verstrepen, steve batchelder
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Six Things Great Bosses Constantly Remind Their Teams

Six Things Great Bosses Constantly Remind Their Teams | Business Strategy and Business Intelligence Trends | Scoop.it
Whether you’ve just started training your first hire or you’ve been managing scores of people for decades, you’re in the position of being a leader. And if there’s one aspect of leadership that holds true, regardless of staff size or industry, it’s that being one isn’t for the thin-skinned or the faint of heart.
 

So much of your job isn’t about hitting goals, but rather about being rooted in reality, constantly striving to bring perspective and empathy to whatever situations you encounter. Sometimes, finding the right words can be the biggest challenge of your day. But other times, you’re overthinking it, and it’s as simple as saying these six tiny sentences.


Via The Learning Factor
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The Learning Factor's curator insight, November 8, 5:22 PM

Great leaders tell their team members over and over again to speak their minds and to say no to the right things.

Walter Gassenferth's curator insight, November 9, 1:35 PM

Leadership is a very important topic and often overlooked by companies. For those who speak the Spanish or Portuguese, more about leadership can be read in http://www.quanticaconsultoria.com

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Sources of Inspiration: 5 Activities to Generate New Thoughts About Your Business

Sources of Inspiration: 5 Activities to Generate New Thoughts About Your Business | Business Strategy and Business Intelligence Trends | Scoop.it
No matter what your business is, you need to make it original in some way. This means introducing new exciting products/services/perks/content to keep your customers interested. Coming up with ideas…
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Design thinking as a strategy: How understanding innovation creates innovation

Design thinking as a strategy: How understanding innovation creates innovation | Business Strategy and Business Intelligence Trends | Scoop.it
Business strategies – especially in the tradition sense – are rather pushy. If you have a product, your strategy is to explain why a customer should use it.

Design thinking as a strategy flips this. Instead of forcing a product on customers, instead, it sees things from the customer’s perspective. A design mindset is not problem-focused, it is solution focused and action-oriented towards creating a preferred future. Design Thinking draws upon logic, imagination, intuition, and systemic reasoning – exploring the possibilities of what could be. This train of thought creates desired outcomes benefiting the end user.

When design principles are applied to strategy and innovation the success rate for innovation dramatically improves.

Via John Evans
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Helen Teague's curator insight, November 2, 12:09 PM
Clay Shirky's ideas in application here. Teachers are designers of learning experiences.
Brad Merrick's curator insight, November 2, 4:43 PM
So important to allow ideation and creativity to permeate the learning process. So import to have this design thinking process which inherently connects the designer much more closely with the work and task being undertaken. 
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How Shifting Secular Trends are Transforming Business As We Know It

How Shifting Secular Trends are Transforming Business As We Know It | Business Strategy and Business Intelligence Trends | Scoop.it

Until very recently our communications and social connectivity have been so local and limited as to prevent us from realizing the true dynamics of the entire system -- the global consequences of our local actions.  With the advent of unprecedented access to internet connectivity (smartphones are only 7 years old!) and the information it carries, the global consequences of our social, political, environmental actions have become readily apparent and the consequences of our actions impossible to ignore.

It has become impossible to ignore human rights violations, poverty or environmental disasters across the world. The human population is exploding as our supplies of water, arable land, and other non-regenerative resources are increasingly stressed. Climate change and its accompanying severe weather events, like droughts, more intense storms, and floods, will only make matters worse in the decades to come. And interestingly, climate will also further tie social and environmental issues together as infrastructure development, energy regulation, agriculture and resource scarcity—all of which climate directly and significantly impacts—also link to social issues like poverty, urban development and inequality.

Consciousness—in the sense of awareness of, and access to, information—is emerging on a global scale, and with it, for the first time in history, the ability to harness global human resources and capital of all kinds: to create some semblance of shared purpose.


Via David Hain, Trumans
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David Hain's curator insight, October 27, 8:59 AM

Why the way forward on the big issues involves whole systems thinking. No linear answer, only understanding the depth of complex issues.

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Intrapreneurship: every company's secret weapon  

Intrapreneurship: every company's secret weapon   | Business Strategy and Business Intelligence Trends | Scoop.it

An entrepreneur starts a business as a means of providing a needed service. Intrapreneurs are an alternative form of that. To be exact, they are in their first stage to becoming entrepreneurs. Intrapreneurship: every company's secret weapon.


Via Olivier Leclerc, Edouard Siekierski, Marc Wachtfogel, Ph.D., Mark E. Deschaine, PhD
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Olivier Leclerc's curator insight, October 27, 10:41 AM
can agree more ;-)
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Strategic Planning Is Dead. Here Are Two New Ways To Face The Future

Strategic Planning Is Dead. Here Are Two New Ways To Face The Future | Business Strategy and Business Intelligence Trends | Scoop.it
The multi-year strategic plan is dead. And it’s being replaced. The first entrepreneurs who can navigate this transition successfully will be the trailblazers in business.
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7 Ways to Create a Sense of Family in the Office

7 Ways to Create a Sense of Family in the Office | Business Strategy and Business Intelligence Trends | Scoop.it
Dan Price, the CEO who took a paycut to raise the minimum salary to $70,000, shares his tips on how to show some love around the workplace.

Via Enzo Calamo
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Attractivité économique : la France classée 29e, loin derrière le Royaume-Uni

Attractivité économique : la France classée 29e, loin derrière le Royaume-Uni | Business Strategy and Business Intelligence Trends | Scoop.it
La France s'est classée au 29e rang d'un classement international sur l

Via Thierry Curty
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Thierry Curty's curator insight, October 27, 4:01 AM
29ème sur 190, troisième position européenne... et il est précisé qu'elle se classe première mondiale pour les échanges internationaux, excusez du peu. 

Une excellente performance si on considère l'environnement social et divers autres paramètres. Je suis très heureux que la France ne soit pas au niveau du Royaume-Uni, qui connaît la famine et où les gens doivent s'arracher les dents eux-mêmes. 

Ou même devant l'Allemagne, qui offre le plus faible taux de remplacement à la retraite de l'OCDE et a un taux de pauvreté autrement plus élevé. 

 Une fois de plus, la France démontre son excellence, contrairement à ce qui est prétendu partout. 

 On notera aussi que la fondation d'une société par actions est quand même beaucoup plus simple en France que, par exemple, en Allemagne ou en Italie, où ça prend deux mois alors qu'en France on le fait en quelques jours sans prise de tête en ligne.