Just imagine how intriguing it would be to hear stories about six road trips. Mazzeo : We were continually surprised by the creative strategies that small businesses had developed to compete better in their markets. Panhandle developed its strategy around dealing with this uncertainty. MORE

The title of the discussion was "Nice-to-have or Core Strategy? It was quite a group and there was a variety of perspective around the table about just how important--or not--design is to the way businesses make their money. or was it something else. 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

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. 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

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

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

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. 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

Just imagine how intriguing it would be to hear stories about six road trips. Mazzeo : We were continually surprised by the creative strategies that small businesses had developed to compete better in their markets. Panhandle developed its strategy around dealing with this uncertainty. 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

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

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

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. We live in a skeptical world. MORE

Then, it executed several strategic moves with seemingly little communication and proceeded to churn its executive ranks through a revolving door. In the process, Reddit upset nearly everyone; investors, employees and its fanatical community of users alike. You can't do it alone. 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

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

Just imagine how intriguing it would be to hear stories about six road trips. Mazzeo : We were continually surprised by the creative strategies that small businesses had developed to compete better in their markets. Panhandle developed its strategy around dealing with this uncertainty. 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

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

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

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

Share this: StumbleUpon Digg Reddit Filed under: Innovation Tagged: | Akio Morita , interdependence , PM Quote of the Day « Manager-Leader Gap in IT Strategy Deming and Project Management » Like Be the first to like this post. Home About Experience Trap/Complexity Set KM Set Metrics Set Crossderry Blog Entries RSS | Comments RSS Where’s Crossderry read? 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

Manager-Leader Gap in IT Strategy » Like Be the first to like this post. Home About Experience Trap/Complexity Set KM Set Metrics Set Crossderry Blog Entries RSS | Comments RSS Where’s Crossderry read? 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

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

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

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. 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