The Sharply-Focused Organization
Strategy formulation and planning are really two different things. And of course the value isn’t in spending three days setting strategy. The point isn’t walls
strategy communication
Tag: strategy communication
Do This Before the End of February
It’s February and you’ve got most of the year still ahead. See if you can answer these questions clearly and briefly: What is your strategy?
The Best Answer to "What's Your Strategy?"
I like to ask CEOs what their business strategy is. Sometimes I get a crisp, clear response, but often the answer either is a bunch
6 Ways Your Board Can Help Your Strategy Succeed
An important factor in implementing your strategy is getting your board involved. Yet many of the boards I work with spend way too much time
Strategy and The Final Mile
In the cable industry, the final mile is connecting the cable system to customers’ homes. It is the most costly part of the entire system,
How successful leaders implement strategy
Last month I wrote about the three key factors of successful strategy implementation: A distinctive strategy, effective leadership, and a sharply-focused organization. Of the three,
Leadership Skills For Strategy — Navigating Corporate Strategy
Business strategy is dependent on leadership skills to guide development and successfully implement. These leadership skills focus the organization on the strategy, continually energize people,
Strategic Position — Knowing Where You Are When Navigating Corporate Strategy
A key to business strategy implementation is navigation. Knowing where you are, how far you have traveled, and how much further you must go. On
When to Change Your Strategy — Navigating Corporate Strategy
When implementing a strategy, it is imperative to adapt to conditions. In most cases, this means not following the plan, but improvising to adjust to
Navigating Corporate Strategy: Get Your Terms Right
In leading strategy, it’s important to have working definitions of the terms. Different people have different definitions for words such as “goal” and “objective,” and
The Final Mile in Strategy Implementation
In the cable industry, the final mile is connecting the cable system to customers’ homes. It is the most costly part of the entire system,
Why Strategies Fail
Some corporate strategies fail because the strategy itself is flawed or non-existent. For example, former Kodak CEO Kay Whitmore told me in 2000 that no
Before communicating a new strategy or change, do this
When launching a new strategy or change, the last thing you want to do is announce it to the full organization. That’s why major capital
Your strategy is worthless…unless it's implemented
Here’s how it often goes: The strategy session is done. The new strategy is compiled in binders and distributed to senior management. The binders make
What is Strategy Implementation: A Quick Overview
Most strategies fail to achieve their objectives. The problem is rarely the strategy and usually a weak implementation. Successful implementation requires far more than an
How to Create a Compelling Vision
How to Create a Compelling Vision Vision statements should be compelling. They should paint a clear, vivid description of the organization in the future —
A Day in the Life
In Philadelphia over the weekend I saw a Beatles tribute band backed up by the Philadelphia Pops. The concert was great, but what really struck
Strategy and communication problems
Many leaders are simply not good at communicating their business strategy to the people who will execute it. That can be fixed with good coaching.
Fuzzy vision problem
Early in my consulting career, I worked extensively with Wilson Sporting Goods. One day I interviewed an elderly gentleman who was the wood head designer.
How clear is your strategy – Is your management team on the same page?
Most organizations set aside time each year for the senior team to discuss strategy and develop a strategic plan. Yet, in my experience, few companies end