Strategy Driven

OCTOBER 7, 2015

No longer does the competitive advantage lie with those having the deepest pockets. StrategyDriven’s Personal Business Advisor Program makes top tier consulting services available to business leaders at all companies regardless of budget.

Consultative 50

Consultative Chief Executive Officer Library Company 50

Strategy Driven

OCTOBER 3, 2014

Clarify management values. Usually, management has not yet articulated their own individual values, let alone those of the organization. I ask clients to do so without using the words: ‘technology,’ ‘sales,’ and ‘solutions.’ Technology is a tool, which feeds into tactics.

Mission Statement 79

Mission Statement Benchmarking Tactics Strategic Planning 79

Strategy Driven

JANUARY 2, 2015

Many people used to do the same thing with the word ‘technology,’ using it far from its reasonable definitions. These expressions are trite and reflect a copy-cat way of talking and thinking: ‘Solutions’ is a tired 1990’s term, taken from technology hype. FREE COPY of a StrategyDriven Expert Contributor book †.

Strategy 50

Strategy Strategic Planning Budgeting Risk Management 50

Strategy Driven

JULY 11, 2014

Though I wrote all my books on computers, I wrote the modern technology chapters on the typewriter, to make points to myself that the readers could never have grasped. EVALUATE how StrategyDriven gives you a competitive advantage. There were years where I kept the typewriter on the work station next to the computer.

Energy 73

Energy Strategic Planning Succession Humphrey 73

Great Leadership By Dan

JUNE 21, 2012

For 150 years, corporations, governments and militaries were built for up-and-down leadership, with incentives and rewards that discouraged cross-organization thinking and, in many cases, actually created or encouraged internal competition. This involves two elements. Unfortunately, people don't always do what they promise.

Incentives 258

Incentives Agility Resources Follow-up 258

The Empowered Buisness

MARCH 4, 2014

For most companies, strategic planning focuses on breaking down a goal into action steps and connecting those steps to resources, timelines and budgets. The personal computer revolution was started by putting together existing technologies in a way never done before. Future Oriented.

Strategic Planning 131

Strategic Planning Content Covey Industry 131

Strategy Driven

MAY 16, 2014

Young companies located in these hubs—particularly technology firms—are able to attract technical talent and maintain close proximity to their investors and mentors. EVALUATE how StrategyDriven gives you a competitive advantage. Resource Management Warning Flag 3 – Marginalizing Employee Contributions.

Company 51

Company Real Estate Strategic Planning Venture Capitalist 51

Harvard Business Review

MARCH 22, 2016

You’d think that increasingly sophisticated technology would help reduce this waste. However, overspending is often the result of decentralized and siloed decision making over the utility budget. Managing utilities has also become more complex as the energy landscape has evolved. At best, it can manage costs.

Company 8

Company Management CIO Energy 8

Harvard Business Review

FEBRUARY 9, 2012

Consequently, top management teams tend to be the Goldilocks of crazy: They don't want insane, and they don't need conventional; they want their craziness to be "just right." Crazy ideas, of course, can be a source of sustainable competitive advantage. How does your organization manage the craziness conundrum?

Outsourcing 14

Outsourcing Management Core Competence Competitive Advantage 14

Strategy Driven

JULY 3, 2015

I conduct Executive Think Tanks for corporate management. Speakers and training budgets are therefore judged upon whimsical comments of individual audience participants.which get harsher when the training is for topics they need, rather than things they would 'prefer' to hear. They embrace technology, rather than ideas and concepts.

Education 50

Education Company Succession Mentor 50

Harvard Business Review

MARCH 15, 2017

Only 31% of Fortune 100 boards currently have a director who is a CIO, even though technology is at the core of every business today. As Sheila Jordan, CIO at Symantec and director at FactSet, put it, “All companies are technology companies today. Technology is a lever to run the business, but also to change and grow.”

CIO 9

CIO Committee Technology P&L 9

Harvard Business Review

APRIL 2, 2014

What if, instead of being fast, what matters is endurance – the ability to sustain competitive advantage longer and more dominantly than others? If we rethink corporate success as survival in the face of rapid, globally competitive change, then here’s the question: what does it take to sustain competitive advantage?

Competitive Advantage 9

Competitive Advantage Airlines Telecommunications Long-term 9

Harvard Business Review

JUNE 26, 2013

Carr predicted that an organization''s ability to compete through investing in information technology was about to change dramatically. When "the core functions of IT — data storage, data processing, and data transport — have become available and affordable to all," he wrote, IT would cease to be a source of competitive advantage.

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 8

Harvard Business Review

SEPTEMBER 28, 2017

Yet most companies reported that they still manage energy on a short-term, reactive basis. Only a third of the executives surveyed said their organization have an energy management strategy or have the ability to generate power onsite. Even fewer have an energy procurement strategy backed by senior management.

Energy 8

Energy Cost Content Competitive Advantage 8

Harvard Business Review

JUNE 21, 2017

That means retailers must learn to compete head-on with Amazon in two fundamental capabilities: agile innovation and expense management. Amazon’s greatest competitive advantage is not its e-commerce network; it is its innovation engine. of sales) on “technology and content.” of sales on IT.

Retail 8

Retail Planning Agility Innovation 8

Harvard Business Review

JULY 21, 2016

And we have figured out why: analytics forces changes on the C-suite that the CEO has to anticipate and manage, but many don’t. These forces must be understood and managed for the entire initiative to succeed. The CEO has to work on four things: Actively manage C-suite dynamics. This is about more than technology.

CEO 8

CEO Competitive Advantage ROI CFO 8

Harvard Business Review

MARCH 13, 2015

Technology has compressed time, costs, and distance considerably. Once-a-year rituals like budgeting and strategic planning, which were important tasks for the senior-most leaders in the company, are a thing of the past. Management attention needs to be real time and integrated into the everyday workings of the field.

Agility 8

Agility Bureaucracy Competitive Advantage Software 8

Harvard Business Review

JULY 15, 2013

CIOs need to understand business better, but the C-suite should understand technology''s potential better. While the CIO needs to understand the business to add value, equally true is that senior leadership and the board of directors don''t understand how to incorporate technology in their strategy, and some don''t even see the need to do so.

CIO 8

CIO Crisis Competitive Advantage Webinar 8

Harvard Business Review

JUNE 30, 2016

I also think my article gave Tronc’s management short shrift. As a former publishing CEO who managed a number of digital and print brands, I know how difficult that can be. Good reporting takes time and relationships, so it can’t be effectively automated — though it can be empowered by digital technology.

Competitive Advantage 8

Competitive Advantage Audience Content Brand 8

Harvard Business Review

AUGUST 16, 2013

Over the last 30 years I have served a large range of organizations as either a director or a trustee with the specific role of helping them exploit IT for competitive advantage. I''m often struck by how many articles exclusively focus on new or emerging technology and their productivity or efficiency effects.

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

JANUARY 8, 2015

Cisco followed this pattern: In 2001, its patent activity narrowed dramatically from a broad array of technological areas to relatively few. Research & development Financial management' Over time, many of the best tech companies cycle between exploration and exploitation. Where will this period of discovery take the company?

Innovation 8

Innovation Parcell Wireless Competitive Advantage 8

Strategy Driven

MARCH 18, 2011

Further, they need to limit their focus to, at most, six capabilities, and make those capabilities work together as a mutually reinforcing system that perpetuates competitive advantage. Assets are important, but they are, increasingly, table stakes in most competitive industries; everyone in the game has them. SD : Why now?

Resources 51

Resources Industry System Strategy 51

Harvard Business Review

AUGUST 15, 2013

For a brief period, as they were being built into the infrastructure of commerce, all these technologies opened opportunities for forward-looking companies to gain real advantages. Nor do they understand the CIO''s role or, typically, the technologies that the company deploys. Accountability.

CEO 8

CEO CIO Technology CFO 8

Harvard Business Review

FEBRUARY 10, 2017

It is an ongoing management discipline; as a living, breathing organism, your organization must be continually refined and improved. In my experience, the organizations that succeed at organization design tend to do five things: Organize around competitive advantage. Organization design is not a static, one-time event.

Competitive Advantage 8

Competitive Advantage Supply Chain Bureaucracy McKinsey 8

Harvard Business Review

JANUARY 18, 2012

Palmisano warned against prioritizing shareholders or other constituents, calling this "a false choice," and explaining that "Long-term management is a serious challenge in a world driven by short-term thinking. Palmisano believes the technology industry requires "a high-performance, in-your-face, speak-your-mind culture." Directness.

Globalization 16

Globalization Golden Parachute Short-term Long-term 16

Harvard Business Review

OCTOBER 10, 2017

That’s why good managers put so much focus on measuring and managing return on investment (ROI) as a basic operational practice. It is through continuously making incremental progress in lowering costs and increasing revenues that firms achieve competitive advantage in their industry.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

JUNE 15, 2016

Partly a byproduct of user-centered approaches and do-it-yourself ingenuity, this emerging wave of intrapreneurship is due to a rising generation of managers who have been empowered by accessible technology and mobilized by social media. Windham and her colleagues proceeded on their own time and with a very limited budget.

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

N2Growth Blog

SEPTEMBER 22, 2010

I often observe ego centered conflicts among senior executives, which turn into a competition for turf, budget, power, influence, control, and ultimately survival. Do you have the necessary resources (financial, technology, talent, infrastructure, etc.) How does it drive revenue, profit, brand equity, competitive advantage, etc.

Team Building 284

Team Building Blog Team CEO 284

Harvard Business Review

SEPTEMBER 26, 2011

Competing on analytics has been a focus in management for a few years, but the hottest area of the field right now is HR analytics. Organizations don't simply wake up to the notion that they will succeed with analytics; they need leaders to show them why and how to seize this new source of competitive advantage.

Company 13

Company Supply Chain Competitive Advantage Film 13

Strategy Driven

AUGUST 1, 2014

If we didn’t have so much (any) competition, then we would be on Easy Street. That was caused by previous management. We’ve got the latest technology. Our company has got the most up to date technology. Technology represents less than 1% of an organization’s pie chart. We blame it on them.

Budgeting 74

Budgeting Risk Management Quality Strategic Planning 74

Harvard Business Review

MARCH 9, 2011

in their deployed software portfolios, which is a 3 percentage point increase from the current budget year. For the first time in a Gartner open source survey, we saw the number of respondents claiming to use open source software primarily to gain competitive advantage reach 11 percent.

Software 15

Software Tips Survey Licensing 15

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. Driving competitive advantage through stakeholder engagement. ” Improving risk management. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MAY 19, 2016

To address these questions, Coty partnered with Kotter International to implement a broad global change management program. Allocate budget for a team. ” Coty’s “Big Opportunity” focused on developing its supply chain into a competitive advantage that could better drive innovation and business growth.

Supply Chain 9

Supply Chain Kotter Critical Success Factor Learning-by-Doing 9

Strategy Driven

OCTOBER 11, 2013

Current management of both companies were ill-advised on handling the crises. economy spent one trillion dollars fixing and treating the so-called Y2K Bug, which we now know was a manufactured “crisis” by technology consulting companies. Computer activity constitutes less than 1% of the technology picture.

Crisis 58

Crisis Crisis Management Retail Budgeting 58

Strategy Driven

MAY 2, 2014

Managers and employees with the most to lose are most fearful of change. The irony is that its principal corporate contributor (Eastman Kodak) fell by the wayside, a victim of changing technologies. Tie activities to customer outcomes (the tenet of Customer Focused Management). Their biggest fear is the unknown.

Strategy 92

Strategy Budgeting Audience Risk Management 92

Strategy Driven

FEBRUARY 7, 2014

Technology is but one tool of the trade. In the 1940s, technology brought us the 45-RPM and 33-1/3-RPM records… adding up to the ‘mother speed’ of 78-RPM. EVALUATE how StrategyDriven gives you a competitive advantage. When we see how far we have come, it gives further direction for the future.

Planning 58

Planning Learning Curve Learning-by-Doing Budgeting 58

Strategy Driven

JANUARY 3, 2014

Though I wrote all my books on computers, I wrote the modern technology chapters on the typewriter, to make points to myself that the readers could never have grasped. EVALUATE how StrategyDriven gives you a competitive advantage. There were years where I kept the typewriter on the work station next to the computer.

Energy 56

Energy Strategic Planning Succession Humphrey 56