Assess Your CEO’s Strategic Fit Over Time

Harvard Business Review

If you’re involved in CEO selection, this requires that you both hire the right CEO and understand when the company’s strategic situation suggests that a different CEO is more likely to win. Retaining a leader whose profile no longer fits the strategic imperatives of the business can have disastrous business consequences. Two poignant examples: Steve Ballmer was a strong fit for Microsoft’s challenges when he was promoted to CEO in 2000.

How to Spot Your Goldilocks Consulting Opportunities

David A Fields

For example, strategic fit, duration of project, or … Continued. Before Goldilocks was eaten by the three bears (or was it the three pigs?), she fussily spotted the ideal porridge, chair and bed for herself. What’s the ideal consulting opportunity for your consulting firm? There are myriad guidelines you could apply to pinpoint your ideal consulting opportunity. The post How to Spot Your Goldilocks Consulting Opportunities appeared first on David A. Fields.


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What Is a Recruitment SWOT Analysis?


Your aim is to develop a “strategic fit.” The Great Resignation, skills gap and increasing recruitment costs may have you wondering how you can improve your talent acquisition strategy.


What Is a Recruitment SWOT Analysis?


Your aim is to develop a “strategic fit.” The Great Resignation, skills gap and increasing recruitment costs may have you wondering how you can improve your talent acquisition strategy.


20 Reasons Why Companies Should Do Less Better

In the CEO Afterlife

What’s left in apparel and sporting goods is a good strategic fit with Nike’s operations. This is strategic sacrifice. That makes an organization operationally and strategically stronger. So I ask you—if the concept of strategic sacrifice and doing less better worked in a less-complicated business world, why wouldn’t it work now? Do Less Better is the name of my book. Do Less Better is also a culture and a strategy of organizations and their leaders.

CEO 152

Are you a true leader? 5 Unmistakable Symptoms that you are not!

Bernd Geropp

Unfortunately lots of managers talk to their employees like that: “The financial uncertainty and lack of confidence in the market place has been increasingly challenging, but due to our strategic fit, our synergies achieved and our core competencies we think outside the box to add more value and have a win-win situation with our customers to sequentially leverage our efforts and to improve our bottom line. – Are you a leader? Photo: nenovbrothers/ Resource:

The Strategic Leader’s Roadmap

Strategy Driven

It required an individual who could both think and act strategically, a person who brought a strong sense for strategy and a personal capacity to lead its execution. Becoming a strategic leader is an acquired capacity that can, in our view, be mastered by managers at all levels. We provide a six-step checklist for doing so: The Strategic Leader’s Checklist. Learn to Lead Strategically. Ensure Strategic Fit. Convey Strategic Intent.

The Risks and Benefits of Using AI to Detect Crime

Harvard Business

But determining whether AI crime-fighting solutions are a good strategic fit for a company depends on whether the benefits outweigh the risks that accompany them. Below, we explain some of the steps they’re taking: Evaluating the strategic fit. As managers examine how AI can assist them in identifying criminal activities, they should also consider how it fits in with their broader AI strategy. Patrick George/Getty Images.

Corporate Writing Doesn’t Have to Sound Like It’s Written by Committee

Harvard Business

A marketing manager’s job, for example, might be to ensure strategic fit, while a compliance offer needs to flag regulatory violations. Today, it’s your job to draft an important document. It might be some copy for your Web site, a white paper for clients, or an internal policy document. Whatever it is, it’s important enough that you’re going to spend weeks on it. Here’s the problem: documents like this go through review processes.

The Right Kind of Conflict Leads to Better Products

Harvard Business

” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. The Association for Strategic Alliance Professionals , a cross- industry organization dedicated to advancing the skills of alliance management professionals, offers a variety of tools and educational and developmental opportunities to support your efforts.

How Merck Is Trying to Keep Disrupters at Bay

Harvard Business Review

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces. Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis.

For Growth, New Ideas Aren't Enough

Harvard Business Review

Others are a poor strategic fit. This post is part of the HBR Insight Center Growing the Top Line. There it was again in the Wall Street Journal on August 29: a beloved and uplifting, but unfortunately not effective, approach to driving growth through innovation. The idea is that companies need to encourage innovation from everyone and at every level in the organization.

The Secrets to Building a Lucky Network

Harvard Business Review

The net present value and strategic fit of a given relationship or initial introduction in one's Lucky Network might be foggy at best, but unintended benefits often manifest for those who embrace relationships with openness. There are no guarantees to entrepreneurial success. Your concept may be bold, your passion high, your intelligence and analysis exceptional, but there will always be external factors beyond your control.

You Can’t Engage Employees by Copying How Other Companies Do It

Harvard Business Review

Becton Dickinson and others have employed a method that my colleague Russ Eisenstat and I developed—the Strategic Fitness Process —to enable employees to speak the truth to management safely about the alignment of the organization with strategy and values. Employee trust in management and commitment to the company have been in decline for decades. Yet we know that trust and commitment are essential for high individual and corporate performance.

The Peanut Butter and Jelly Approach to Growth

Harvard Business Review

But a closer look at Smucker's reveals a powerful set of growth strategies driving these results: A strategic approach to acquisitions. In 2001, Smucker's acquired Jif and Crisco from P&G, which no longer saw them as a strategic fit. The idea is that a business unit that no longer fits one company's objectives can become the foundation of new growth somewhere else. This post is part of the HBR Insight Center Growing the Top Line. According to the U.S.

Microsoft’s Next CEO: How the Board Can Get It Right

Harvard Business Review

This brings the advantages of holding off on anointing an internal executive who may not be quite ready—but at the same time retaining the top contestants and allowing for a strategic redirection. They are less likely to hand-off the process to a search firm, more likely to make company strategy the first criterion in narrowing the field, and more likely to discern who would constitute the best strategic fit.

How to Know If a Spin-Off Will Succeed

Harvard Business Review

Decisive actions are required to tackle the factors that prompted the spin-off in the first place, which in many cases are underperformance and/or a lack of strategic fit leading to chronic underinvestment in the development of the business. There is little consensus as to whether firms that find themselves spun off from other companies – either as new, standalone companies, or under the stewardship of new parent companies – perform better or worse than they did before.

How Microsoft Avoided the Peter Principle with Nadella

Harvard Business Review

The projects all touched on areas of great strategic concern to the company, and the directors required each of the candidates to report their appraisals and plans to the board. Making that “strategic fit” was surely a factor in Microsoft’s selection of Mr. Nadella, who evidently brings a special appreciation for cloud computing and mobile devices, a new world that the next CEO has to face even if his predecessors had belatedly done so.


Deciding to Fix or Kill a Problem Product

Harvard Business Review

Situation Three: It Does Not Have Good Strategic Fit. Corporate indecision and misalignment of strategic objectives let promising products fall by the wayside. How does your product fit into it? How can you tell if the product you are working on is likely to succeed or fail?