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.
Category: Strategic Planning
(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,…
Creating value during a slowdown: 5 tips
A production slowdown is a perfect opportunity to re-direct resources to mandates that generate strategic advantages and long-term, sustainable increases in profitability….in addition to cementing employee and customer loyalty. Here are five ideas that can be implemented virtually and which…