So What Exactly is Strategy?

I’ve heard a number of clever academicians say that strategy can’t be defined, it can only be studied on a case by case basis after the fact. Bull. I define strategy as the intelligent allocation of limited resources through a unique system of activities to outperform the competition in serving customers. No, I didn’t get … Continue reading So What Exactly is Strategy?

Do You Have Experience or Expertise?

It’s a common belief that the truly great ones—Tiger Woods, Michael Jordan, Wolfgang Mozart, Gary Kasparov, etc. have been blessed with tremendous innate talents that ordinary folks like you and me haven’t been given. It also happens to be dead wrong. Research in the past twenty years has shown quite conclusively that the notion of … Continue reading Do You Have Experience or Expertise?

Survival of the Fittest

When your jeep first rolls through the plains in Africa, you are immediately dazzled by the muscle tone and vitality of the animals. As you watch a pride of female lions stalk zebras in the distance, you are mesmerized by their sleek, powerful bodies. With each step they take, their cut muscles ripple through their … Continue reading Survival of the Fittest

Is HR a Strategic Partner?

During my recent trip to England to lead a strategy program for executives from Europe, the Middle East and Africa, an interesting topic came up. Several of the European business leaders wanted to know what role HR plays in strategy in the United States. They were surprised to hear that over the past five years, … Continue reading Is HR a Strategic Partner?

The Challenges of Thinking Strategically

What stops us from thinking strategically? During the past ten years, I’ve asked thousands of managers from around the world this question and their strategy challenges can be grouped into three areas: #1.  Resources—most people simply don’t have enough time to get things done and in many cases, the organization doesn’t support people taking time … Continue reading The Challenges of Thinking Strategically

New Growth Comes from New Thinking

Last week I had the opportunity to do the keynote speech at the Illinois Society of Human Resource Managers annual conference. I asked the 400 HR executives, “How many of you are looking for new growth for your business next year?” 100% of hands went up. My follow-up question: “How many of you have given … Continue reading New Growth Comes from New Thinking