5 Strategy Traps to Avoid
For many managers, the word strategy conjures up thoughts of gigantic PowerPoint decks, binders collecting dust and general confusion. A survey by Roger Martin of the Rotman School of Management found that 67 percent of managers believe their organization is bad at developing strategy. Harvard Business School professor David Collis is even more direct: “It’s a dirty little secret: Most executives…
Does Your Strategy Make Real Trade-offs?
Take a good, hard look at your strategies and ask, “Are we making real trade-offs?” In this new video, I’ll share questions you can use to stress test your strategies and develop future strategies that use the element of focus to create greater value for your customers and outperform your competition.
Prepare Like a Champion
“My opponent did not understand preparation. He had little idea of the weeks, sometimes months that I spend in lonely isolation preparing my case. What he saw, without knowing it, was a lawyer who had been freed by acquiring a fund of eloquently prepared facts.” Gerry Spence, Trial Lawyer who has never lost a criminal case When we see the…
Drop the Gavel and Stop Judging
“There is nothing either good or bad but thinking makes it so.” William Shakespeare Good night’s sleep. Bad dream. Good weather. Bad storms. Good meal. Bad service. Our lives are peppered with the good, and the bad. But they don’t have to be. In fact, they shouldn’t be. Constantly assigning things with the designation as “good” or “bad” wastes both…
What Does the Future of Your Business Look Like?
“Friends congratulate me after a quarterly earning’s announcement and say, ‘Great quarter!’ I say, ‘Thanks, but that quarter was baked three years ago. Today, I’m working on a quarter that will happen three years from now.’” —Jeff Bezos, Founder, Amazon Are you working on a quarter that will happen three years from now? How about three weeks from now? Three…
Happy Strategy Fool’s Day
Happy Strategy Fool’s Day! Do you and your team have a common language and understanding of strategy? Research shows that 54 percent of organizations do not. Watch and learn three techniques for getting your team on the same page and help your business avoid becoming a member of the Strategy Fool’s club.
Fear the Fire Drill
Think about how you’ve spent your time this week at work. How much of that time was consumed by fire drills? Since you’re not a Russian physiologist named Ivan Pavlov and you’re not one of the dogs he was doing research on, it would be good to break the habit of dropping everything to attend to things that are artificially…
Does Your Team Make Good Decisions?
Great strategy is built on trade-offs and trade-offs are the product of decision making. Make better decisions and you have the opportunity to create more effective strategies. Strategic thinking and business acumen can help clarify the key trade-offs to make. In this video I’ll share 5 questions to assess your team’s decision making along with 7 steps to clarify decision…
Be Strategic Manifesto
Strategic: Possessing insight that leads to advantage. Think, plan, act. Most people do none of these. They simply react. Bouncing from one thing to the next with no rhyme or reason is for bumper cars at the carnival. Don’t be a carny…be strategic. Stop throwing the word “strategic” in front of other words just to make them sound more important….
Facilitating Strategic Conversations
A business is only as good as its conversations. Think about it for a moment: every step of progress your business takes, from establishing mission and vision, to creating a new product offerings, to servicing customers, all flows through conversations. When we think of ways to improve the business, how often does “have higher quality, more efficient conversations” factor in?…
