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The Disconnect Between Strategy And Execution

Six Disciplines

While all of us agree there's a disconnect between strategy formulation and strategy execution, the developers of the Balanced Scorecard (Robert Kaplan and David Norton) offer up this terrifying observation: On average, 95% of a company's employees are unaware of, or do not understand, its strategy.

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What Makes Six Disciplines for Excellence A Different Kind Of Business Book

Six Disciplines

“Six Disciplines differs in that respect – it’s all about teaching a system of getting done the things that we all know need to be done.” ” (David Daniels, Business & Technology Reinvention). “The approach is current and I love that it ties technology and systems with strategy.

CTO 101
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Many Strategies Fail Because They’re Not Actually Strategies

Harvard Business Review

Town hall meetings are organized, employees are told to change their behavior, balanced scorecards are reformulated, and budgets are set aside to support initiatives that fit the new strategy. Strategy implementation requires top managers to design the company’s internal system that does the selection for them.

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On Creative Accounting: Two Creativity Myths

Harvard Business Review

Hitler's human extermination empire was quite new in its scope, organization, and technology. Consider " The Balanced Scorecard." Created by Robert Kaplan and David Norton in the 1990s, this system for assessing organizational performance builds on, but goes way beyond, traditional accounting methods.

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Big Data Doesn't Work if You Ignore the Small Things that Matter

Harvard Business Review

Companies would do better at satisfying and retaining customers if they spent less time worrying about big data and more time making good use of "small data" — already-available information from simple technology solutions — to become more flexible, informative, and helpful. I'm not saying that all big-data projects are useless.

CAPEX 15
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Avoid the Improvement Hype Cycle

Harvard Business Review

Fed by consultants, gurus, technology vendors, and academics, their enthusiasm for a particular process improvement method takes on a religious tone (as I described in my last post.) This approach addresses the many shortcomings of our previous initiatives.". Reflect on why initiatives have and have not worked in your organization.

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Artisans Must Balance the Books

Harvard Business Review

He started very well, but as soon as his cash flow improved, financial burdens from family systems stifled his operations. When I founded the nonprofit African Institution of Technology , I initially focused on helping African entrepreneurs or artisans, especially those with only primary education, develop new skills and market opportunities.

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