Archive for Strategic Planning
The Big Picture of Business: Lessons About Business Planning To Be Learned from the Y2K Bug
The U.S. economy spent between $800 billion and one trillion dollars fixing and treating the so-called Y2K Bug. Certainly, aspects of the bug were treated successfully, and troubles were averted because of professional actions. No doubt, public hype contributed to a ‘sky is falling’ situation that made computer consultants rich. The Business Tree: Growth Strategies [...]
Read moreGuardrails: Keep Your Projects Out of the Weeds
Think about if there were no guardrails on the freeway. It would be all too easy to run off the road and find yourself hurt and way off the fast track to your end destination. Business is a fast and zigzagging road – a road that needs guardrails to keep businesses and projects on track. [...]
Read moreRecommended Resource – What I Didn’t Learn in Business School
What I Didn’t Learn in Business School: How Strategy Works in the Real World by Jay B. Barney and Trish Gorman Clifford About the Reference What I Didn’t Learn in Business School: How Strategy Works in the Real World by Jay Barney and Trish Gorman Clifford reveals the shortfalls of the principles learned in the [...]
Read moreStrategyDriven Podcast Video Edition 2 – What makes an organization StrategyDriven?
StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the principle, best practice, and warning flag articles found on the StrategyDriven website. Episode 2 – What makes an organization StrategyDriven? examines the qualities and characteristics [...]
Read moreIs Your Business Biased Against Innovation?
Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. Why? Many conventional metrics we use to estimate value are based on faulty assumptions. Net present value [NPV] is a case in point. The logic of NPV is to project cash flows [...]
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