Does Your Company’s Culture Reinforce Its Strategy and Purpose?
Harvard Business Review
JUNE 10, 2022
Strategies for leaders to align all three. Corporate strategy Strategy execution Organizational culture Digital Article
IT Strategy Related Topics 
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How Starbucks’s Culture Brings Its Strategy to Life
Harvard Business
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?’
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How To Improve Your SME’s Approach To Technology
Strategy Driven
APRIL 10, 2022
Let’s face it; almost every business now benefits from modern technology. When developing a new IT strategy , it’s imperative that your systems are ready to evolve. It can aid productivity and staff satisfaction. It’s an ideal way to use tech in an efficient way.
Walmart Won’t Stay on Top If Its Strategy Is “Copy Amazon”
Harvard Business
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.
Is Your IT Department Aligned With Your Business Outcomes? - SPONSOR CONTENT FROM BROADCOM
Harvard Business
SEPTEMBER 1, 2020
IT Strategy execution Sponsor ContentSponsor content from Broadcom.
Digital Strategy Does Not Equal IT Strategy
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. Because most IT strategies treat technology in isolation. Think about it — your company may be working on a cloud strategy, social strategy, or mobile strategy. Does your strategy capitalize on that?
Your Company’s Networks Might Matter More than Its Strategy
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. It was something Netflix couldn’t match and Blockbuster’s online membership doubled in six weeks. Now, Blockbuster had the superior model but, as Antioco explained in an article in Harvard Business Review , it was all for naught.
Increasing Employee Engagement During Turbulent Times and Significant Change in One Major Healthcare Company
leaderCommunicator
MARCH 25, 2019
Changes in the healthcare landscape forced sweeping changes to its strategy. A major division of a healthcare company that’s part of a Fortune 50 global healthcare conglomerate faced a tough road. Employee Engagement Internal Communication Communicating Change Case Study
The Edge: How 10 CEOs Learned to Lead—and the Lessons for Us All
Leading Blog
JANUARY 3, 2022
He explains: It can feel like a cliff edge because your comfort zone, the solid ground you navigated to get you where you are, is behind you. He chose ten CEOs that became what they needed to be when the situation called for it and incorporated at least one of these ten new capacities. “In
Choices to focus your business plan
Lead Change Blog
JANUARY 18, 2021
Eliminating Pain Points vs. Progress in Strategy Execution. The clearer a company is about what it is moving towards, the more successful it will be in executing its strategy. When a business is clear in its future state vision, it’s easier to know which activities, decisions, hiring choices, or partnerships align and which are out-of-scope.
Nine Key Strategies for Going Beyond Great
Leading Blog
MARCH 12, 2021
With this in mind, they offer a new standard of performance defined by nine key strategies in three areas—growth, operation, and organization. Strategy #1: Do Good, Grow Beyond. Strategy #2: Stream It, Don’t Ship It. Strategy #3: Refine Your Global Game.
The Most Important Ingredient to Successful Leadership
Great Leadership By Dan
JULY 2, 2020
Think about it for a moment. I have done countless speeches on strategy over the years at companies, conferences, and business schools. No great leader succeeds without a great strategy. Often the strategy is thoughtfully forged. Strategy is never fixed in time.
Leading by Cause
Lead Change Blog
JUNE 25, 2020
With a similar theme, Michael Harris and Bill Taylor’s Harvard Business Review article, “ Don’t Let Metrics Undermine Your Business ” said, “A company can easily lose sight of its strategy and instead focus strictly on the metrics that are meant to represent it.” . Leading by Cause is an approach that says – use results to understand activities, effectiveness, and efficiency in context of the organization’s vision and strategy.
Types of Organizational Misalignment
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.
20 Reasons Why Companies Should Do Less Better
In the CEO Afterlife
APRIL 24, 2017
Do Less Better is also a culture and a strategy of organizations and their leaders. The added complexity and loss of focus on the Nike brand was a lesson well-learned and it didn’t take Nike long to see the error of their ways. It is an expectation placed upon us at a very young age. Strategy tells you what not to do. The glue that binds leadership, strategy, and execution is people—at every level of the organization. The goal isn’t more people; it’s less.
Why a Business Coach Is Every Entrepreneur’s Best Friend
Strategy Driven
AUGUST 16, 2021
However, venturing out on your own also carries its fair share of risk. They aid in setting goals and creating strategies for reaching these objectives. When you’re in the early stages of your entrepreneurial journey, it can be tough to hold yourself accountable.
The First Complete Strategy Execution Program (Summarized)
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.
The Disconnect Between Strategy And Execution
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.
C-Suite Tip Number 1
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. These people must be able to interpret the strategic direction set forth by the senior leaders and translate it into actions that the units that report into them can understand and act upon. So, when it comes time to roll-out your next key strategy, where do you begin?
Signs You’re Ready To Open A Business
Strategy Driven
FEBRUARY 21, 2022
It’s not always easy to see when you have a talent for something. You might not even be ready to understand how to plan an IT strategy and learn how to accelerate your digital marketing , either. It’s the most exhilarating fun!
Why Your Management Information Should Be Curated In Real-Time
N2Growth Blog
JANUARY 31, 2017
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. This management information environment must be part of future IT strategy plans to ensure its ongoing refinement and evolution.
When Great Company Cultures Go to the Dark Side: 7 Signs Your Organization Is Headed in the Wrong Direction
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 ? The REAL Truth About Your Company Culture & Its Hidden Shadow Side. Yet many great cultures have also gone toxic AND the leaders don’t even realize it. Strategy can be imitated by your competitors.
Listen up, biz leaders: It’s time to rethink everything
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?
What strategy is (and what it isn’t):
Strategy Driven
NOVEMBER 10, 2021
Strategy, Oh what a lofty word. The simple word “strategy” can be added to just about anything to make it sound more important or thought-out, strategic relationship building is still just going to a cocktail party or out to lunch with a potential client. Survival depends on it.
Strategy, Capability & Really Bad Advice
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. Let me get right to it – if you want to fail as a leader then please follow the flawed advice given by the wizard of innovation mentioned in the opening paragraph.
Healthy Raises
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. Cost management strategies are equally important, as the management of all firms is pressured to see how they can manage the cost to help improve the bottom line. He is accountable for returning value to customers by driving the strategy to ensure returns for the next five years. Just like performance review, it drives incentive pay.
The Two Types of Organizational Misalignment
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.
The Complete Strategy Execution Program
Six Disciplines
SEPTEMBER 20, 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.
The Complete Strategy Execution Program
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.
The Biggest Challenge In Business? I'ts Not What You Think
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 Biggest Challenge In Business? I'ts Not What You Think
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?
Two Questions to Ask on a Regular Basis During Change
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). The question is deliberately vague to see what is generating positive emotions, even if it’s not about work.
Four Things Your Business Should Outsource Now
Strategy Driven
SEPTEMBER 4, 2020
It’s considered to be something that reduces costs because things are going wrong and savings are a must. You can pretty much outsource anything in your business, and if it enhanced employee safety, all the better. For some employers, outsourcing is a bad word!
Guest Blogger Julie Freeman: The Trustworthy Leader
leaderCommunicator
FEBRUARY 6, 2014
I learned quickly that if I was going to do my job effectively, I would have to earn their respect, not think it would be granted automatically because I was in the front of the classroom. It’s a common sense notion that is also supported by work of the International Association of Business Communicators Research Foundation in its 2000 research study on measuring organizational trust and confirmed in Building the High Trust Organization, published in 2010.
Outsizing Strategies to Grow Your Business Potential
Skip Prichard
JUNE 26, 2019
What strategies separate winning organizations from the rest? What is required to implement strategy and execute with excellence? In his book Outsizing: Strategies To Grow Your Business, Profits, And Potential , Steve Coughran tackles these questions. I had the opportunity to speak with Steve about some of his insights and tips to outsize your strategy, profits, and potential. Outsizing refers to strategies that elevate results from standard to exceptional.
A Closed-Loop Strategy Execution System
Six Disciplines
OCTOBER 4, 2011
In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Norton (creators of the Balanced Scorecard) offer their insights concerning the "rules" of successful strategy execution: The failure to balance the tensions between strategy and operations (execution) is pervasive. Monitor and Learn: hold strategy reviews; hold operational reviews.
A Closed-Loop Strategy Execution System
Six Disciplines
OCTOBER 4, 2011
In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Norton (creators of the Balanced Scorecard) offer their insights concerning the "rules" of successful strategy execution: The failure to balance the tensions between strategy and operations (execution) is pervasive. Monitor and Learn: hold strategy reviews; hold operational reviews.
What Is The Role Of SEO In Getting Top Page Ranking?
Strategy Driven
MARCH 1, 2021
Different strategies are applied every day after some crucial changes only to get a higher rank than the competitor in the online marketplace. It is important that if you want to rank the website , then it should be properly optimized. It Bring The Organic Traffic To The Website.
Competitive Advantage from the Bottom of the Pyramid
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. The conglomerate is one of the top TV suppliers in Brazil and its unique strategy has led to tremendous brand equity. Strategy bottom of the pyramid prahalad strategy
Surveying Strategy: The Cognitive School
LDRLB
MARCH 14, 2011
This post is the third in a series about the various schools and models of making organizational strategy. Strategy is a mental process. If the entrepreneurial school introduced the idea that strategy is a mental process that leaders engage in, the cognitive school began the study of that mental process. The cognitive school investigates the process of strategy formulation through the lens of cognitive psychology. Strategy cognitive strategy surveyingstrategy
3 Ways to Improve Your Organization’s Culture
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. Again, that culture can help and it can hurt. In both of the cases I’ve outlined here, the organization’s culture usually dictates its strategy.
The Lessons Learned From Small Businesses
Eric Jacobson
OCTOBER 13, 2014
Just imagine how intriguing it would be to hear stories about six road trips. The stories are grouped by lesson topics : Scaling a Business Establishing Barriers to Entry Product Differentiation Setting Prices Managing Your Brand Negotiating Effectively Hiring Delegation Battling the Big Boys Strategy is a Continuous Process Mike Mazzeo Coauthor, Mike Mazzeo shared with me more insights about his book, and the journeys he shared with coauthors Paul Oyer and Scott Schaefer : 1.
6 Road Trips Reveal Critical Lessons For Business Success
Eric Jacobson
JULY 2, 2014
Just imagine how intriguing it would be to hear stories about six road trips. The stories are grouped by lesson topics : Scaling a Business Establishing Barriers to Entry Product Differentiation Setting Prices Managing Your Brand Negotiating Effectively Hiring Delegation Battling the Big Boys Strategy is a Continuous Process Mike Mazzeo This week, coauthor, Mike Mazzeo shared more insights about his book, and the journeys he shared with coauthors Paul Oyer and Scott Schaefer : 1.
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