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Want to Be Seen as Strategic? Maybe It’s Time HR Looked to the CFO

Want to Be Seen as Strategic? Maybe It’s Time HR Looked to the CFO | Strategy Matrix | Scoop.it
HR professionals worry a lot about whether their CEO thinks they are strategic business leaders. Turns out it isn’t the CEO that HR professionals need to worry about. It’s the CFO.
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Strategy Matrix
Strategy Matrix
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...
Jim Schreier's insight:

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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FutureProof Strategy - A.T. Kearney

FutureProof Strategy - A.T. Kearney | Strategy Matrix | Scoop.it
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Shaping Tomorrow : The state of strategy today

Shaping Tomorrow : The state of strategy today | Strategy Matrix | Scoop.it

When asked about their strategy formulation failures, most executives complain that it is an insufficiently inspired, unrealistic, impractical, and detached process: 1) Lack of understanding of future trends (88%) 2) Little understanding of internal capabilities (87%) 3) Too much top-down approach (84%) 4) Not enough logical thinking (84%).

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Organizational Leadership For Achieving Strategic Goals And Objectives

Organizational generalship so achieving smooth goals other objectives: QHb http://t.co/Uoej3BNp1X
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A List of Goals Is Not a Strategy

A List of Goals Is Not a Strategy | Strategy Matrix | Scoop.it

Let’s say you’re getting together with other managers and employees to develop your organization’s or unit’s strategy. No matter how much discussion and enthusiasm you bring to the task, you’re likely to emerge with a list that looks like this:

  • Growth
  • Superior operational outcomes through efficient work practices
  • Becoming competitive in an existing market
  • Increasing product sales to take market leadership
  • Expanding into other regions
  • Optimizing ROI
  • Developing a service delivery model that incorporates tactical projects

When you’re done, you might scratch your head and reflect: I think this looks OK. It doesn’t. It contains what might be called goals, objectives, actions, and vague statements of intent — but alas, no strategies.


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Vertical integration, a risky strategy

Vertical integration, a risky strategy | Strategy Matrix | Scoop.it
When a company plans to expand its business into areas at different points on the production path, such as when a manufacturer owns its supplier or distributor, vertical integration can help compan...
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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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The 2014 Strategy Study at a Glance

A.T. Kearney reached out to more than 2,000 executives, business leaders, and heads of strategy functions to discuss their thoughts on the state of strategy to…
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'Big data itself is not a strategy'

'Big data itself is not a strategy' | Strategy Matrix | Scoop.it
From the Army to the FCC, agencies are learning how to use analytics as a means to measurable ends.
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Gamification Works Best With Individual Goals, Not Collective Ones

Gamification Works Best With Individual Goals, Not Collective Ones | Strategy Matrix | Scoop.it
Gamification — using game-like techniques to offer rewards for achievement — is an increasingly popular technique to help engage employees...
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Organizational Leadership For Achieving Strategic Goals And Objectives

Organizational mastery in preparation for achieving on the agenda goals alias objectives: yDjuErbm http://t.co/UseJzl6tR6
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Is Strategy Dead? 7 Reasons The Answer May Be Yes

Is Strategy Dead? 7 Reasons The Answer May Be Yes | Strategy Matrix | Scoop.it
I am an ex-strategy consultant. I have an MBA. And I am increasingly convinced the relevancy of both has been permanently diminished.  Is strategy dead? Webster’s defines Strategy as “a careful plan for achieving a particular goal over a long period of time.”  Yet today, what constitutes a long period of [...]
Jim Schreier's insight:

Part of the dynamic of why "strategic exploration" is so important today!  @i_wheel

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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!