Strategic Planning Best Practice 5 – Defined Program

Organizations must be able to respond quickly and decisively to the rapidly changing business environment. A formally defined strategic planning program consists of a collection of planning and execution activities that help an organization appropriately respond to marketplace events and evolving trends. A strategic planning program provides the framework for execution consistency and minimizes the risk […]

StrategyDriven Strategic Analysis Article

Strategic Analysis Best Practice 2 – advocatus diaboli, The Devil’s Advocate

Shared experience, organizational pride, and/or conflict avoidance can diminish the criticality of data and conclusion assessment; leading to exaggerated optimism and resulting in an organizational pursuit of unrealistic goals.

Recommended Resource – The 7 Habits of Highly Effective People

The 7 Habits of Highly Effective People by Steven R. Covey About the Reference The 7 Habits of Highly Effective People by Steven R. Covey reveals the seven behaviors common among successful individuals. Each behavior is accompanied by a rich discussion of why it works and is illustrated with examples. Benefits of Using this Reference […]

Strategic Planning Best Practice 4 – Ongoing Planning and Execution

Market changes wait for no one. In today’s rapidly changing business environment, competitors and suppliers aggressively seek to gain a competitive advantage while government agencies and special interest groups continuously seek to further their agendas. These forces, acting together, demand an organization to be responsive and flexible to maintain its footing within the marketplace. Ongoing […]

StrategyDriven Organizational Performance Measures Article

Core Performance Measures

Recommended Resource – Good to Great

Good to Great: Why Some Companies Make the Leap… and Others Don’t by Jim Collins and Good to Great and the Social Sectors: A Monograph to Accompany Good to Great by Jim Collins About the Reference Written by Jim Collins, co-author of Built to Last, Good to Great: Why Some Companies Make the Leap… and […]

StrategyDriven Strategic Analysis Article | Strategic Analysis Best Practice 1 - Integrity Without Excuses

Strategic Analysis Best Practice 1 – Integrity Without Excuses

For any strategic analysis to be effective, it must be done with an open, honest assessment of the facts.

Strategic Planning Best Practice 3 – Strategic Discipline

Executives seeking to focus their organization on mission achievement act with strategic discipline. By committing a significant portion their time and attention to the long-term direction of the organization, executives are more likely to recognize and properly respond to marketplace changes in a way that fully harnesses and focuses their organization’s energy on mission achievement. […]

Recommended Resource – Strategy Maps: Converting Intangible Assets into Tangible Outcomes

Strategy Maps: Converting Intangible Assets into Tangible Outcomes by Robert S. Kaplan and David P. Norton About the Reference Strategy Maps: Converting Intangible Assets into Tangible Outcomes by Robert S. Kaplan and David P. Norton reveals how an organization can link performance measures covering the areas of operations, customer relationships, innovation, and regulatory and social […]

StrategyDriven Strategic Analysis Forum

Strategic analysis is a critical component of the strategic planning process. An integral part of a company’s evaluation and control program, it provides managers with a comprehensive assessment of the organization’s capabilities and market factors; revealing growth opportunities and vulnerabilities. Armed with this information, managers can more effectively choose from among today’s strategic alternatives to […]