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.
"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!
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.
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.
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.
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.
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 ...
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.
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?
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...
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)...
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.
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.