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The Year Is Half Over…Do You Know Where Your Strategic Plan Is?

CO2

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. And Kotter International determined that, on average, 70% of new, large-scale strategic initiatives fall short of their goal, as did a similar McKinsey & Company 2009 study.

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6 Ways to Create an Innovative Culture

LDRLB

Measure what’s meaningful – because “you get what you measure,” select metrics that reinforce your innovation goals. Innovation autonomy innovation kaplan organizational culture rewards' Step in, then step back – Provide tools that give guidance and structure, but let employees decide how best to use and apply them.

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article thumbnail

The Year Is Half Over…Do You Know Where Your Strategic Plan Is?

CO2

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. And Kotter International determined that, on average, 70% of new, large-scale strategic initiatives fall short of their goal, as did a similar McKinsey & Company 2009 study.

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How to Create a Culture of Innovation

LDRLB

Measure what’s meaningful – Because “you get what you measure,” select metrics that reinforce your innovation goals. Innovation culture innovation kaplan organizational culture' Step in, then step back – Provide tools that give guidance and structure, but let employees decide how best to use and apply them.

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Creating A Purpose-Driven Corporation

The Horizons Tracker

For instance, while the creation of common standards and metrics for governance are wholly sensible, the notion that companies must be legally bound to have a societal purpose seems excessively heavy handed and liable to receive considerable backlash from the corporate world. Some of these have considerably more merit than others.

Kaplan 77
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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

This is a guest post form Soren Kaplan. Others experience the inherent tension but let short-term goals and fire-fighting consume their lives – at the expense of preparing for and positioning themselves for the future. Innovation innovation kaplan Leadership' Some leaders consciously acknowledge this fundamental paradox.

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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

This is a guest post form Soren Kaplan. Others experience the inherent tension but let short-term goals and fire-fighting consume their lives – at the expense of preparing for and positioning themselves for the future. Some leaders consciously acknowledge this fundamental paradox.