There is confusion about the difference in a plan and a strategy. Plans are useful. Strategies are scary. When you choose a strategy, you are choosing a direction that requires you to make decisions that eliminate possibilities and options. Think crossing the Rubicon. The future outcomes are unknowable. Planning, on the other hand, is knowable […]
Lack of clarity at any level in your organization diminishes the possibility of success. Being unclear about the purpose of your business, for example, no one knows what strategies to pursue. If you do not know where you intend to go, any direction will do. Didn’t the Cheshire cat say this to Alice in Wonderland? […]
A top priority for any business is organizational performance. It’s not enough to develop and communicate strategies throughout the company. Strategies and goals must be executed. In 2004 Ernst & Young reported that “66% of corporate strategies are not implemented.” Organizations that have a culture of accountability produce better results. When people at all levels […]
Is God or the Devil lurking in the details (small strategies)? The small strategies are critically important to your enterprise. Many of us get so caught up in the big important things we neglect the little things until they show up at the worst possible time to bite us in the worst possible place. What […]