Entries by StrategyDriven

Resource Projection Best Practice 2 – Begin with the Work

The business planning process of balancing what the organization will do with its limited resources is an iterative one. However, resource owners too often focus on the amount of resources they have and alter work estimates so the activity portfolio they are responsible for fits within the resource pool under their immediate control. This practice frequently leads to under-estimating resource needs as managers continually strive to expand their activity portfolios; resulting in reduced quality, late deliveries, and a diminished bottom line.


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Recommended Resource – Managing the Nonprofit Organization

Managing the Nonprofit Organization by Peter F. Drucker About the Reference Managing the Nonprofit Organization by Peter F. Drucker addresses the unique management challenges associated with nonprofit organizations. In this book, Dr. Drucker explains the differences between managing for-profit and nonprofit organizations in the areas of mission, leadership, resources, marketing, and goals. Benefits of Using […]

Decision-Making Best Practice 1 – There Can Be Only One

Effective decision-making provides the organization with a unified direction aimed at achieving a primary objective and possibly one or more secondary objectives. Regardless of the decision’s complexity or its immediacy, the probability of achieving a successful outcome is directly related to the organization’s ability to execute the decision in a deliberate and focused manner. It is for this reason that decisions and direction for their execution should come from one individual.

The Advisor’s Corner – Guaranteed Future?

Question: Can a good strategy define a company’s future? StrategyDriven Response: Strategic certainty does not exist. Organizations should, however, leverage a good strategy to establish the vision toward which executives and managers focus employee efforts. Vision combined with excellent execution that reinforces desired behaviors generates a high degree of organizational alignment and accountability that in […]