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Use a rose gardener’s approach to “prune” your strategy for the second half of the year

Use a rose gardener’s approach to “prune” your strategy for the second half of the year | Strategy Matrix | Scoop.it
In a new column for Fast Company, Scott and Ken Blanchard recommend taking a mid-year look at how you and your company are doing against yearly goals.  The purpose is to identify what’s working and...
Jim Schreier's insight:

The recommendations in this article would be facilitated easily with a Strategy Matrix -- which can be easily updated regularly.  The Strategy Matrix can be an ongoing monitoring tool.

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Strategy Matrix
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Joel Barker's Strategy Matrix -- A Strategic Exploration Tool
Curated by Jim Schreier
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Only 14% of employees understand their company’s strategy and direction

Only 14% of employees understand their company’s strategy and direction | Strategy Matrix | Scoop.it
Why don’t more employees do what they are supposed to do?  Author and consultant William Schiemann might have part of the answer—only 14% of the organizations he polled report that their empl...
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www.strategymatrix.com

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Ade Ayonrinde's curator insight, July 22, 2013 8:32 AM

While Strategic Visualisation, Formulation and Execution appear to be the key focus of most Organisations, Communication of the Strategy in a clear and effective manner is essential. The very people who are supposed to execute the strategy need to understand it. Failure of executives to communicate their strategies could result in a dichotomy of the strategy-full and the strategy-less. The message is clear to executives; involve your employees in your strategy and communicate it or watch as those visions rapidy turn into nightmares.

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Amazon's Brick-And-Mortar Strategy A Mistake

Amazon's Brick-And-Mortar Strategy A Mistake | Strategy Matrix | Scoop.it
Amazon (NASDAQ: AMZN) is planning to open its first retail store in Manhattan just in time for the holiday season.
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5 Reasons Why Your SEO Strategy Isn't Working

5 Reasons Why Your SEO Strategy Isn't Working | Strategy Matrix | Scoop.it
For all the planning, however, sometimes SEO strategies don't work. With so many moving parts, it can be hard to determine exactly where you have gone wrong.
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Organizational Leadership For Achieving Strategic Goals And Objectives

Organizational chieftaincy all for achieving calculated goals but objectives: ywGrvqGy http://t.co/n1unoMbYJw
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Prevent Your Strategy Offsite from Being Meaningless

Prevent Your Strategy Offsite from Being Meaningless | Strategy Matrix | Scoop.it
I was facilitating the two-day executive offsite of a mid-sized technology company. The goal of the meeting was to solve major issues and identify potential opportunities that would guide their efforts, as a company, for the next year.
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A-Plan-B Alternative Analysis

A-Plan-B Alternative Analysis | Strategy Matrix | Scoop.it
"Every business needs a business plan that includes the vision, mission, the market, strategy, opportunity, organisation, operations and financials" (A focused business needs a strategic plan to communicate its objectives and strategies!
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Editorial: WEDC plan is soundbite, not strategy

Editorial: WEDC plan is soundbite, not strategy | Strategy Matrix | Scoop.it
Banning state aid for outsourcing companies not as simple as it sounds.
Jim Schreier's insight:

There's an amazing statement in this editorial that points out "the policy can't result in unintended consequences..."  That statement is clearly more false than either of the political viewpoints examined.

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Three Quick Ways to Improve Your Strategy-Making

Three Quick Ways to Improve Your Strategy-Making | Strategy Matrix | Scoop.it
Dump the annual cycle, don't SWOT first, and leave the Mission Statement for later.
Jim Schreier's insight:

The criticism of SWOT is a definite key point of this article.  But the Strategy Matrix makes it possible to go multiple steps further -- by making it possible to create a meaningful 21st Century SWOT analysis.

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Jeff Anderson | GSN's curator insight, July 14, 11:45 AM

If a firm's strategy process is anchored in these three activities, big improvement can be made if strategy making is led with some decisions about where to play and how to win.


Without making Where To Play (WTP) and How To Win (HTW) decisions, SWOT analysis and creating a mission are just generic exercises. Finally, strategy making should be governed by changing market conditions and not by a company's annual review cycle. 


After all, a competitor doesn't wait for the annual review cycle to attack!

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The Three Disciplines of Advanced Strategic Thinking

Elevate: The Three Disciplines of Advanced Strategic Thinking - Kindle edition by Rich Horwath. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Elevate: The Three Disciplines of Advanced Strategic Thinking.
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Why Smart People Struggle with Strategy

Why Smart People Struggle with Strategy | Strategy Matrix | Scoop.it
Strategy is often seen as something really smart people do — those head-of-the-class folks with top-notch academic credentials. But just because these are the folks attracted to strategy doesn’t mean they will naturally excel at it.
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14 Ways an outsider can make strategic planning even more ...

14 Ways an outsider can make strategic planning even more ... | Strategy Matrix | Scoop.it
In something as important as strategic planning, a set of outside eyes and ears can be a big, big benefit to your company. As I've stated in earlier posts, I am NOT IMPLYING that you are not capable of developing a strategic ...
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Strategy Is No Longer a Game of Chess

Strategy Is No Longer a Game of Chess | Strategy Matrix | Scoop.it
Legendary strategists have long been compared to master chess players, who know the positions and capabilities of each piece on the board and are capable of thinking several moves ahead.
It’s time to retire this metaphor.
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Why a 5-year plan is a suicidal practice

Why a 5-year plan is a suicidal practice | Strategy Matrix | Scoop.it
The five-year plan is not only unworkable, it is seriously counterproductive. And its death is signaled by the advent of Exponential Organizations, or ones that grow disproportionately larger than ...
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Use the “Two Note Strategy” to Plan and Reflect on Your Day

Use the “Two Note Strategy” to Plan and Reflect on Your Day | Strategy Matrix | Scoop.it
Many of us have a list of affirmations to start the day or check how our day went. Use some post-it notes to make sure you do both.
Jim Schreier's insight:

Simple but good example!

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New Year! Winning Social Strategies 2015!

New Year! Winning Social Strategies 2015! | Strategy Matrix | Scoop.it
Is Social Media generating a good Return On Investment for your business?
Are you reaching the audience that you need to be reaching?
Is your social media content engaging your business with your social followers?
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Organizational Goals: A Proven Path to Increasing Employee Engagement

Organizational Goals: A Proven Path to Increasing Employee Engagement | Strategy Matrix | Scoop.it
Healthcare HR and learning and development staff are in a unique position where they can bridge the gap between departments and teams and the organization’s “bigger picture” aspirations.
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How the 'broken windows' strategy saved lives in NYC

How the 'broken windows' strategy saved lives in NYC | Strategy Matrix | Scoop.it
How the 'broken windows' strategy saved lives in NYC New York Post In a startling bit of revisionist history, some activists argue that the miraculous drop in crime in New York City was inevitable — and didn't have anything to do with the “broken...
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Should You Put World of Warcraft on Your Resume?

Should You Put World of Warcraft on Your Resume? | Strategy Matrix | Scoop.it
Smart companies will start to take gaming skills seriously.

Via James Schreier
Jim Schreier's insight:

This article plus a direct reference from a participant in one of my management training programs suggests that "World of Warcraft" clearly teaches strategy.  Interesting!!

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James Schreier's curator insight, August 19, 10:59 AM

This has a very interesting link to our "Performance Project" work.

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Why it is important to align top level management in companies

Why it is important to align top level management in companies | Strategy Matrix | Scoop.it

Building effective teams at the executive level is critical to achieving organisational goals and creating a strong organisational culture.

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Critical thinking essential to strategic business planning

Critical thinking essential to strategic business planning | Strategy Matrix | Scoop.it
Critical thinking essential to strategic business planning
Columbia Daily Herald
But, who is directly responsible for the Maury County's educational strategic plan?
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The Story About Amazon's Jeff Bezos Eating Octopus For Breakfast Is Symbolic Of His Business Strategy

The Story About Amazon's Jeff Bezos Eating Octopus For Breakfast Is Symbolic Of His Business Strategy | Strategy Matrix | Scoop.it
What A Story About Amazon's Jeff Bezos Eating Octopus Reveals About His Business Strategy (The Story About Amazon's Jeff Bezos Eating Octopus For Breakfast Is Symbolic Of His Business Strategy http://t.co/0hXKPNIrWC)...
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Organizational Leadership For Achieving Strategic Goals And Objectives

Organizational zenith in contemplation of achieving plotted goals and objectives: SvVQOFdV http://t.co/EYQ9Crrv1L
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Strategic Planning or Strategic Thinking? - eJewish Philanthropy

Strategic Planning or Strategic Thinking? - eJewish Philanthropy | Strategy Matrix | Scoop.it
Those of us who studied management in the previous century were taught to create strategic plans, typically for five years ahead, where we could imagine, project, and chart the future of our organizations.
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Reinvent Your Company by Reassessing Its Strengths

Reinvent Your Company by Reassessing Its Strengths | Strategy Matrix | Scoop.it
Strategic consistency is the hallmark of many great companies. Southwest Airlines’ decades-long strategy of “short-haul, high-frequency, point-to-point, low-fare service” produced what was not only one of the best-performing airlines in the U.S.
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Is Writing a Core Values Statement Worth Your Time?

Is Writing a Core Values Statement Worth Your Time? | Strategy Matrix | Scoop.it
I rarely want to follow the rules. So the more someone tells me I have to do something, the rebel in me doesn’t really want to.
That’s how I felt about developing a core values statement.
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