With a strong, competent, and independent chair able to step in and assume responsibility (and possibly act as interim CEO), a company in a crisis that destroys its leadership is better placed to navigate the storm. Hayward’s leadership had contributed to BP underplaying safety its U.S. MORE
It was a brief stint for Target in Canada. Less than two years after opening there, Target announced last week that it would close its 133 Canadian stores. Target opened its first stores just a couple of months later despite the enormous remodeling work required. MORE
It is used to respond to changes in the marketplace and react to customer demands. It tends to be summary information composed from individual business transactions performed throughout the business. While this approach is commonly used, it is not recommended. MORE
A thought came to mind: Once France had invested its time and treasure so heavily in the Maginot Line, what were the odds that it was going to back away from that strategy? Would it have been easy to persuade the French government and military to shift its strategy? I had breakfast with a city official this morning. Since both of us are history buffs, before getting down to business we discussed the history books we''ve been reading. MORE
The cumulative effects of misalignment are a significant constraint on the ability of an organization to execute its strategy. As a result, it becomes an increasing drag on the success of the company until corrected. Strategic misalignment occurs suddenly, when the leadership sets a strategic VFO (vital few objective) -- but the systems and resources of the organization are not deployed to support it. MORE
Is over-emphasizing positive thinking in your company’s culture, actually creating negativity without you even knowing it? Is having 0% employee turnover actually a good thing to sing high praises about, or is it overshadowing another truth ? Rather to learn from it. MORE
It tells you what is capturing their hope and anticipation, and what gives them the energy to move forward. This is good feedback because it tells you what part of the change they’re connecting with (sometimes it’s not what you thought it would be). MORE
Your business thrives on how effective its marketing strategy is. Marketing is a concept that can almost consume a business that hasn’t got its strategy in order. Most businesses place a vast proportion of their budget towards marketing and its various sub-categories. MORE
Football By Football started at the beginning of the 2014 National Football League season, and it lays out its strategy on the home page: FootballByFootball.com is a football analysis website providing unique player-writer generated content; owned & operated by experienced football players. You could see someone who barely made it through a meeting with back pain lined up for conditioning. MORE
Everyone thinks they have a digital strategy these days. But while your company may have a business or IT strategy that incorporates digital technology, an IT strategy does not equal a digital strategy. Does your strategy capitalize on that? MORE
By Mike Myatt , Chief Strategy Officer, N2growth. I just finished reading an article where the author (a self professed innovation guru) recommended strategy be aligned with capability, and that to allow ambition to exceed capability is a nothing short of a recipe for disaster. MORE
Most organizational leaders struggle to align day-to-day activities with strategy, even though they know it’s important to do. Almost 80% of the more than 1,200 senior executives recently surveyed by PricewaterhouseCoopers believe that their organizations have the right strategic intent — but only 54% think they’re executing that strategy well. The first — which we’ll call Company A — focuses on translating its strategy into action as quickly as possible. MORE
I have to admit, the general attitude toward strategy – as boring, soulless and impractical – is a puzzle to me. Most people would rather do their taxes than think about strategy. Strategy just doesn’t seem like you: so heady and cold.” MORE
As a CIO, you have either made – or heard – recommendations to create an IT project management office. IT delivers its projects on time, on budget, and to spec. You and your IT PMO have put the foundation of consistent innovation in place. Nevertheless, it is no more than a foundation. Agile Innovation IT Strategy PMO Portfolio Management Project Management agile IT project management and portfolio management MORE
Likewise, Nigeria is the powerhouse among the MINT nations while Mexico’s performance may make investors question the rationale for its inclusion. However, the sources of demand in each country differ, which will affect your strategy. Steven Moore. MORE
Walmart’s recent change to free two-day shipping for online orders, no membership required, is the latest in a series of moves the company has made to fight Amazon and grow its e-commerce business. Last year, it purchased Jet.com and installed Jet’s founder, Marc Lore, as head of its e-commerce division. Walmart does need to shore up its e-commerce capabilities, but its attempts to out-Amazon Amazon aren’t a winning strategy. MORE
The cumulative effects of misalignment are a significant constraint on the ability of an organization to execute its strategy. It's what we describe in detail in Discipline III. As a result, it becomes an increasing drag on the success of the company until corrected. Strategic misalignment occurs suddenly, when the leadership sets a strategic VFO (vital few objective) -- but the systems and resources of the organization are not deployed to support it. MORE
At least that’s how it feels in the moment. It’s simple math – you give more away, you make less. It just means you have to find a responsible and strategic way forward. 5 Tips to a Prosperous Sales Rebate Strategy. The cornerstone of a successful sales rebate strategy is the ability to bring in more revenue than is lost through the rebate itself. It’s a waste of valuable time and resources. It also puts your company at risk for error. MORE
It’s a generic way to think about an enterprise and how most are organizationally design. These are the people responsible for setting strategic direction and guiding the enterprise towards its future. So, when it comes time to roll-out your next key strategy, where do you begin? MORE
This article was written by Jennifer Horn for the June 2016 issue of Strategy Magazine. As Ogilvy’s Ian MacKellar, who helped develop the current creative platform, would say: “For any campaign or creative idea, it helps to have a conflict, a tension, an enemy.” MORE
Once again, he had turned around a struggling company, transformed its business model and made its operations hum. When Netflix emerged as a disruptive threat, Antioco met it head on. As the General himself put it, “It takes a network to defeat a network.” MORE
For instance, at the beginning of the Civil Rights movement, many people thought of it as a “black problem” or a “southern problem” or even a states rights issue. It designed to appeal to mainstream America. MORE
The critical question for every business leader is, “How do I build an organization that consistently executes its strategy?” The answer: it takes a complete program. Simply reading best-selling books won’t do it. Different experts may use alternate terms for these concepts, but rather than fixating on terminology for now, it’s better to focus on understanding the underlying principles. MORE
When most companies think about footing the bill for educating their employees, the ever-present caveat is that it must be related to you role. Good logic, but is it too narrow? It allows you to see if they can be broadened and how essential they are/aren’t to your performance. MORE
It’s an established fact that the life cycles of companies and many products have been shrinking. But what’s often not appreciated is that culture also has a life cycle and that it, too, is getting shorter. There are three drivers behind it. MORE
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. Of course, it doesn't have to be that way. MORE
In the global economy, each company is constantly adjusting its strategies to enable it to stay ahead of its competition. He is accountable for returning value to customers by driving the strategy to ensure returns for the next five years. It is a good practice. MORE
Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. And yet it is possible. MORE
I wonder…how can a single-archetype CIO be successful when his/her IT portfolio must contain very disparate types of projects and programs (e.g., “stay in the game&# vs. “win the game&# vs. “change the game&# initiatives)? Paul Ritchie’s musings on Manager-Leader Gap in IT strategy. In it Paul references Long [.] MORE
Think about it for a minute. Sure, you'll come up with a long laundry list of challenges: competitive pressures, growth and expansion, talent shortages, price sensitivity, margins, R&D, industry consolidation.and the list goes on - AND - it changes every day.forever. Once a challenge has been addressed or solved, it's replaced by another challenge (and if you're good at solving problems, the challenges get even greater, not easier!). Is this the way it HAS to be? MORE
You sometimes hear managers complain that their organization has no strategy. Every organization has a strategy: its strategy is what it does. Think about it. When managers complain that their company’s strategy is ineffectual or non-existent, it’s often because they haven’t quite realized that their strategy is what they’re doing rather than what their bosses are saying. Managing people Strategy MORE
For better goal-setting, it will help to understand where financial targets typically come from. Note also that almost none of our survey respondents thought it was very unlikely (that there was less than a 10% chance) that they’d hit their goals. MORE
Global firms have employed blue ocean strategies to cater their services and offerings to the BoP (Bottom of Pyramid). Many companies have derived BoP strategies from C.K. There are some excellent business & corporate strategy examples of companies implementing the BoP model. MORE
by Calvin Guyer We have all heard the phrase “Culture eats strategy for lunch (or breakfast, or dinner).” ” But what exactly does it mean and what, as a business leader, can you do to improve your organization’s culture? That culture can help and it can hurt. MORE
Before you can scale the business, you have to understand what your customers really want and value, and how to deliver it to them — and that process requires a lot of flexibility. In theory, you have decent odds of getting it right. To be clear, it’s not that rules are bad. MORE
The critical question for every business leader is, “ How do I build an organization that consistently executes its strategy?”. The answer: it takes a complete program. Simply reading best-selling books won’t do it. Strategy Execution Coaching to nurture and nudge to stay the course. The reasons other approaches do not last is that they are missing key elements. Technology (i.e., performance mangement software) alone is not enough. MORE
If done the wrong way, such promotions smack of the old IT “if we explain it to you lunkheads one more time it will sink in” mentality. I started as a BYOD advocate and I’m OK with it for myself, at least for certain devices (e.g.,work However, if we in IT want to control devices, we should expect that some won’t want to hand over their personal property. Also, I’m just not sure that BYOD is a great lever for preventing shadow IT. MORE
But addressing and resolving conflicts requires enormous mental and emotional strength, which is why many of us try to avoid it. But all three strategies are wrong-headed. And it hurts your image as a leader. Take Sarah, the head of IT at a global technology company. MORE
In most organizations, culture and strategy tend to be discussed in separate conversations. Executives know that culture is important and that a negative culture can hurt company performance, but they often don’t know what to do about it. ” What most executive teams typically fail to do is to connect the company’s culture with how the company makes its strategy work. It was always: ‘Would you do me a favor?’ MORE
” Without one, it is almost impossible to prioritize effectively. The bank was using a project management tool, but the lack of discipline in keeping it up to date made it largely fruitless. Capacity, not strategy, was determining which projects launched and when. If not, it stalled or was killed. But many organizations do it badly. It would be a kind thing to do, and surely it would also increase customer satisfaction. MORE
It is striking how much confusion there is between strategy, implementation, and execution. Does it include creating solutions to unforeseen problems and running with unexpected opportunities? Do you “execute” or “implement” a strategy? MORE
Every company needs to determine if its strategy requires an [.]. biz leaders: It's time to rethink everything BlackBerry DuPont Facebook Fortune Magazine Fortune on PBS Geoff Colvin Google Harold Longman Award Hewlett-Packard Home Depot Instagram Intuit Kodak Listen up Microsoft Motorola Nokia Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else the Great Depression Wall Street Week We're not living in ordinary economic times What is our core? MORE
When it comes to hiring, it’s all about quality, not quantity. Whether a company succeeds or fails ultimately depends on whether it hired the right people to effectively execute its strategies. It’s true. MORE
IT Strategy Related Topics 
Harvard Business Review
JUNE 10, 2015
Once again, he had turned around a struggling company, transformed its business model and made its operations hum. When Netflix emerged as a disruptive threat, Antioco met it head on. As the General himself put it, “It takes a network to defeat a network.”
Crossderry Blog
MARCH 11, 2015
As a CIO, you have either made – or heard – recommendations to create an IT project management office. IT delivers its projects on time, on budget, and to spec. You and your IT PMO have put the foundation of consistent innovation in place. Nevertheless, it is no more than a foundation. Agile Innovation IT Strategy PMO Portfolio Management Project Management agile IT project management and portfolio management
Harvard Business Review
DECEMBER 30, 2016
In most organizations, culture and strategy tend to be discussed in separate conversations. Executives know that culture is important and that a negative culture can hurt company performance, but they often don’t know what to do about it. ” What most executive teams typically fail to do is to connect the company’s culture with how the company makes its strategy work. It was always: ‘Would you do me a favor?’
Harvard Business Review
NOVEMBER 19, 2012
Everyone thinks they have a digital strategy these days. But while your company may have a business or IT strategy that incorporates digital technology, an IT strategy does not equal a digital strategy. Does your strategy capitalize on that?
Harvard Business Review
MARCH 21, 2017
Walmart’s recent change to free two-day shipping for online orders, no membership required, is the latest in a series of moves the company has made to fight Amazon and grow its e-commerce business. Last year, it purchased Jet.com and installed Jet’s founder, Marc Lore, as head of its e-commerce division. Walmart does need to shore up its e-commerce capabilities, but its attempts to out-Amazon Amazon aren’t a winning strategy.
N2Growth Blog
OCTOBER 31, 2016
It’s a generic way to think about an enterprise and how most are organizationally design. These are the people responsible for setting strategic direction and guiding the enterprise towards its future. So, when it comes time to roll-out your next key strategy, where do you begin?
N2Growth Blog
AUGUST 14, 2012
By Mike Myatt , Chief Strategy Officer, N2growth. I just finished reading an article where the author (a self professed innovation guru) recommended strategy be aligned with capability, and that to allow ambition to exceed capability is a nothing short of a recipe for disaster.
Six Disciplines
MARCH 15, 2013
The critical question for every business leader is, “How do I build an organization that consistently executes its strategy?” The answer: it takes a complete program. Simply reading best-selling books won’t do it. Different experts may use alternate terms for these concepts, but rather than fixating on terminology for now, it’s better to focus on understanding the underlying principles.
Six Disciplines
MARCH 21, 2011
The cumulative effects of misalignment are a significant constraint on the ability of an organization to execute its strategy. It's what we describe in detail in Discipline III. As a result, it becomes an increasing drag on the success of the company until corrected. Strategic misalignment occurs suddenly, when the leadership sets a strategic VFO (vital few objective) -- but the systems and resources of the organization are not deployed to support it.
Lead Change Blog
JUNE 14, 2016
In the global economy, each company is constantly adjusting its strategies to enable it to stay ahead of its competition. He is accountable for returning value to customers by driving the strategy to ensure returns for the next five years. It is a good practice.
Six Disciplines
AUGUST 1, 2011
Think about it for a minute. Sure, you'll come up with a long laundry list of challenges: competitive pressures, growth and expansion, talent shortages, price sensitivity, margins, R&D, industry consolidation.and the list goes on - AND - it changes every day.forever. Once a challenge has been addressed or solved, it's replaced by another challenge (and if you're good at solving problems, the challenges get even greater, not easier!). Is this the way it HAS to be?
The Leadership Advisor
MARCH 29, 2011
When most companies think about footing the bill for educating their employees, the ever-present caveat is that it must be related to you role. Good logic, but is it too narrow? It allows you to see if they can be broadened and how essential they are/aren’t to your performance.
Strategy Driven
FEBRUARY 14, 2017
Your business thrives on how effective its marketing strategy is. Marketing is a concept that can almost consume a business that hasn’t got its strategy in order. Most businesses place a vast proportion of their budget towards marketing and its various sub-categories.
Change Starts Here
JUNE 21, 2016
It tells you what is capturing their hope and anticipation, and what gives them the energy to move forward. This is good feedback because it tells you what part of the change they’re connecting with (sometimes it’s not what you thought it would be).
Crossderry Blog
NOVEMBER 12, 2014
Football By Football started at the beginning of the 2014 National Football League season, and it lays out its strategy on the home page: FootballByFootball.com is a football analysis website providing unique player-writer generated content; owned & operated by experienced football players. You could see someone who barely made it through a meeting with back pain lined up for conditioning.
The Empowered Buisness
JANUARY 2, 2014
Is over-emphasizing positive thinking in your company’s culture, actually creating negativity without you even knowing it? Is having 0% employee turnover actually a good thing to sing high praises about, or is it overshadowing another truth ? Rather to learn from it.
The Kini Group
FEBRUARY 13, 2017
At least that’s how it feels in the moment. It’s simple math – you give more away, you make less. It just means you have to find a responsible and strategic way forward. 5 Tips to a Prosperous Sales Rebate Strategy. The cornerstone of a successful sales rebate strategy is the ability to bring in more revenue than is lost through the rebate itself. It’s a waste of valuable time and resources. It also puts your company at risk for error.
Harvard Business Review
MARCH 31, 2015
It is striking how much confusion there is between strategy, implementation, and execution. Does it include creating solutions to unforeseen problems and running with unexpected opportunities? Do you “execute” or “implement” a strategy?
Strategy Driven
DECEMBER 16, 2012
When it comes to hiring, it’s all about quality, not quantity. Whether a company succeeds or fails ultimately depends on whether it hired the right people to effectively execute its strategies. It’s true.
CO2
APRIL 30, 2013
by Calvin Guyer We have all heard the phrase “Culture eats strategy for lunch (or breakfast, or dinner).” ” But what exactly does it mean and what, as a business leader, can you do to improve your organization’s culture? That culture can help and it can hurt.
LDRLB
SEPTEMBER 12, 2013
Global firms have employed blue ocean strategies to cater their services and offerings to the BoP (Bottom of Pyramid). Many companies have derived BoP strategies from C.K. There are some excellent business & corporate strategy examples of companies implementing the BoP model.
In the CEO Afterlife
JUNE 8, 2016
This article was written by Jennifer Horn for the June 2016 issue of Strategy Magazine. As Ogilvy’s Ian MacKellar, who helped develop the current creative platform, would say: “For any campaign or creative idea, it helps to have a conflict, a tension, an enemy.”
Execupundit
JULY 24, 2014
A thought came to mind: Once France had invested its time and treasure so heavily in the Maginot Line, what were the odds that it was going to back away from that strategy? Would it have been easy to persuade the French government and military to shift its strategy? I had breakfast with a city official this morning. Since both of us are history buffs, before getting down to business we discussed the history books we''ve been reading.
Harvard Business Review
MARCH 14, 2014
Most organizational leaders struggle to align day-to-day activities with strategy, even though they know it’s important to do. Almost 80% of the more than 1,200 senior executives recently surveyed by PricewaterhouseCoopers believe that their organizations have the right strategic intent — but only 54% think they’re executing that strategy well. The first — which we’ll call Company A — focuses on translating its strategy into action as quickly as possible.
Erika Andersen
JULY 31, 2013
I have to admit, the general attitude toward strategy – as boring, soulless and impractical – is a puzzle to me. Most people would rather do their taxes than think about strategy. Strategy just doesn’t seem like you: so heady and cold.”
Harvard Business Review
FEBRUARY 11, 2014
But addressing and resolving conflicts requires enormous mental and emotional strength, which is why many of us try to avoid it. But all three strategies are wrong-headed. And it hurts your image as a leader. Take Sarah, the head of IT at a global technology company.
Harvard Business Review
JUNE 18, 2014
You sometimes hear managers complain that their organization has no strategy. Every organization has a strategy: its strategy is what it does. Think about it. When managers complain that their company’s strategy is ineffectual or non-existent, it’s often because they haven’t quite realized that their strategy is what they’re doing rather than what their bosses are saying. Managing people Strategy
Harvard Business Review
JULY 28, 2015
For instance, at the beginning of the Civil Rights movement, many people thought of it as a “black problem” or a “southern problem” or even a states rights issue. It designed to appeal to mainstream America.
Harvard Business Review
JULY 13, 2015
For better goal-setting, it will help to understand where financial targets typically come from. Note also that almost none of our survey respondents thought it was very unlikely (that there was less than a 10% chance) that they’d hit their goals.
First Friday Book Synopsis
DECEMBER 1, 2012
Every company needs to determine if its strategy requires an [.]. biz leaders: It's time to rethink everything BlackBerry DuPont Facebook Fortune Magazine Fortune on PBS Geoff Colvin Google Harold Longman Award Hewlett-Packard Home Depot Instagram Intuit Kodak Listen up Microsoft Motorola Nokia Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else the Great Depression Wall Street Week We're not living in ordinary economic times What is our core?
Harvard Business Review
JULY 2, 2015
Likewise, Nigeria is the powerhouse among the MINT nations while Mexico’s performance may make investors question the rationale for its inclusion. However, the sources of demand in each country differ, which will affect your strategy. Steven Moore.
Harvard Business Review
NOVEMBER 17, 2015
With a strong, competent, and independent chair able to step in and assume responsibility (and possibly act as interim CEO), a company in a crisis that destroys its leadership is better placed to navigate the storm. Hayward’s leadership had contributed to BP underplaying safety its U.S.
Harvard Business Review
DECEMBER 13, 2016
” Without one, it is almost impossible to prioritize effectively. The bank was using a project management tool, but the lack of discipline in keeping it up to date made it largely fruitless. Capacity, not strategy, was determining which projects launched and when. If not, it stalled or was killed. But many organizations do it badly. It would be a kind thing to do, and surely it would also increase customer satisfaction.
Six Disciplines
FEBRUARY 13, 2015
The cumulative effects of misalignment are a significant constraint on the ability of an organization to execute its strategy. As a result, it becomes an increasing drag on the success of the company until corrected. Strategic misalignment occurs suddenly, when the leadership sets a strategic VFO (vital few objective) -- but the systems and resources of the organization are not deployed to support it.
Six Disciplines
OCTOBER 17, 2014
The critical question for every business leader is, “ How do I build an organization that consistently executes its strategy?”. The answer: it takes a complete program. Simply reading best-selling books won’t do it. Strategy Execution Coaching to nurture and nudge to stay the course. The reasons other approaches do not last is that they are missing key elements. Technology (i.e., performance mangement software) alone is not enough.
Harvard Business Review
JANUARY 20, 2015
It was a brief stint for Target in Canada. Less than two years after opening there, Target announced last week that it would close its 133 Canadian stores. Target opened its first stores just a couple of months later despite the enormous remodeling work required.
Six Disciplines
MAY 10, 2011
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. Of course, it doesn't have to be that way.
Harvard Business Review
JUNE 2, 2014
Before you can scale the business, you have to understand what your customers really want and value, and how to deliver it to them — and that process requires a lot of flexibility. In theory, you have decent odds of getting it right. To be clear, it’s not that rules are bad.
Harvard Business Review
JANUARY 26, 2015
It’s an established fact that the life cycles of companies and many products have been shrinking. But what’s often not appreciated is that culture also has a life cycle and that it, too, is getting shorter. There are three drivers behind it.
Harvard Business Review
MAY 16, 2016
Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. And yet it is possible.
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