It is a well-known and excepted 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…
Category: Strategic Planning
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.
(SMART)²: The missing dimension of SMART goals
Many organizations use the acronym SMART to define how goals are best defined, where SMART stands for Specific, Measurable, Attainable, Relevant, and Time-based. In fact, I myself used SMART goal setting as an employee and as a manager. Now, as…
Strategy in turbulent times
At a 2019 Drucker Conference on ecosystem strategy, I heard one panelist say "Strategic planning is dead." Nothing could be further from the truth. Strategic planning as we have been taught it in management schools is dead - it has…
Ecosystem Strategy Series
I facilitated an ecosystem strategy virtual workshop to an international audience in April 2021. On this page, you will find extracts of that workshop in short video increments. Part 1: Why develop an ecosystem strategy? What is an ecosystem strategy,…