What’s Your Strategic Approach?

June 16, 2020

“Business leadership, business acumen, and business strategy development—these  three areas of expertise are considered non-negotiable: they are essential for success in any C-Suite position.”  Omar Ishrak, CEO, Medtronic Being a senior executive requires you to lead, manage, and monitor many different elements of the business at the same time on a continual basis. Sometimes it can feel like an intellectual…

What CEOs Think About Strategy

May 21, 2020

In episode 4 of “Strategic Thinking for the C-Suite,” I share research I conducted with 300 CEOs to gauge their perspectives on a number of strategy topics, including how often they update strategy, the top strategy challenges they face, and the percentage of managers in their organizations that they believe are strategic. The business acumen of CEOs is often developed…

5 Steps to Better Virtual Meetings

April 30, 2020

So how are your virtual meetings going? Are they creating valuable new insights for the business or are they a series of multitasking-filled monologues? Are they productive conversations about key business issues or a rehashing of the same tactical stuff you’ve been talking about for months? Are your meetings getting better or worse? Answer these five sample questions from the Strategic…

Is It Time to Change Your Strategy?

April 24, 2020

In times like this, leaders are frequently asking the question, “Should I change my strategy?” Research by The Conference Board has shown that 70% of public companies experiencing a revenue stall drop more than half of their market capitalization. More than half of those companies experience a consistent future decline in revenue growth rate. Approximately 38 percent of these companies…

Podcast Interview with the Productivity Guru

April 14, 2020

Check out my conversation with Productivity Guru @markstruczewski on his podcast. He’s a real pro and provides great content on getting rid of the clutter and focusing on what’s important. https://www.markstruczewski.com/blog/rich

Plan to Succeed

March 27, 2020

It’s in times like these that the value of a plan becomes clear. For those without a plan, recent events have created a cyclone of activity, some of which may be valuable and most of it reactionary and without a baseline on which to evaluate direction. For those with a plan, activity is proactive and measured against the plan. Are…

Crushing the Competition with Disruptive Strategy

March 12, 2020

A tsunami is a series of water waves caused by the displacement of a large volume of a body of water, such as an ocean. When a tsunami finally reaches land, it is capable of complete and utter destruction. Can the same be said for your strategy? Is it powerful enough to knock out the competition or is it a…

Build Your Business Framework

February 13, 2020

How often have you seen someone stuck in the tactical weeds of the business? Mired in minutia, they busy themselves with a beehive of activity, none of which is important to the business. It’s one thing if this is a junior-level employee who simply needs time and training for development. It’s a catastrophe if it’s a senior-level executive. What can…

Santa Claus is Coming to Town…and He Has a Strategy

December 19, 2019

  He’s making a list He’s checking it twice He’s gonna find out who’s naughty or nice Santa Claus is coming to town He sees you when you’re sleeping And he knows when you’re awake He knows if you’ve been bad or good So be good for goodness sake —Lyrics from “Santa Claus is Coming to Town” Well, it’s about…

Developing a Common Approach to Strategic Thinking

December 2, 2019

New research with 400 talent management leaders found the following results: Less than half (44.3%) of organizations have a common definition of strategy Less than half (46%) of organizations have a common language for strategy Strategic thinking is the most important competency for senior leaders (63.7%) Only 1 out of 4 organizations teach their managers strategy skills Here are three…