Economic pressure does not change strategy.But it can reveal a lack thereof. When conditions tighten, organizations are forced to make choices that were previously deferred. What becomes visible very quickly is whether there was true clarity on priorities to begin…
Resources
Where M&A fails
M&A does not fail at closing.It fails much earlier—at the point of decision. In board discussions, the strategic rationale for a transaction is often well articulated. What is less clear is the downside: what would make the deal a poor…
So you think you have a strategy problem?
Most boards don’t have a strategy problem.They have a clarity problem. In the past few years, I’ve seen the same pattern across very different organizations: The strategy is “approved”… but interpreted 5 different ways Management believes they are aligned with…
Board Directors and Strategy Development
It is a well-known and accepted fact that boards play a critical role in approving the strategic plans of the organizations they serve. However, not enough time is spent around the board room table considering strategy development and strategic alternatives. Considering the…
Strategy development beyond 2023
Strategy, for me, is the adaptable path towards a vision. For many companies, however, certain things, like their business model and pricing structures, are almost set in stone, which eliminates this element of adaptability. Read about the five elements I look at in a strategy development process.