Your new post is loading...
When it comes to Strategic Management for decades the focus has been on Scientific Management - which was never scientific in the first place - and the idea business could be run and controlled like a machine. Such ideas ignored the fact businesses are social systems – the clue being in the term “company” - and operate within even larger social systems. And for decades management theories have been obsessed with performance, efficiency and competition. I am not suggesting they are unimportant factors, but as Colin Price, a co-author of Beyond Performance[v] said in an interview with me, “When it comes to achieving sustained excellence in performance, what separates winners from losers, paradoxically, is the very focus on performance. Performance focused leaders invest heavily in those things that enable targets to be met quarter-by-quarter, year-by-year but they tend to neglect investment in company health; investments in the organization that need to be made today in order to survive and thrive tomorrow”. Good strategic management cares about performance and health in the short, medium and long-term.
Via David Hain
